Diplomatic Correspondent: Chinese ambassador to Bangladesh, Yao Wen, has said that China not only supports the current interim government but also has full confidence in Bangladesh’s future elected government.
‘No matter who leads Bangladesh, China will continue to increase trade and investment in the country, supporting its sustainable development and the improvement of people’s livelihoods,’ he said while speaking at the China-Bangladesh industrial and supply chain cooperation seminar and release ceremony of industry reports in a city hotel on Wednesday.
Bangladesh Investment Development Authority chairman Ashiq Chowdhury spoke as chief guest at the seminar hosted by the Chinese Enterprises Association in Bangladesh.Bangladesh-themed souvenirs
Addressing the event, Chinese ambassador highlighted China’s commitment to partnering with Bangladesh in its ongoing economic transformation.
Yao has emphasised that as Bangladesh emerged as a new investment hotspot in South Asia under the leadership of chief adviser Muhammad Yunus, Chinese enterprises are ready to deepen engagement, contributing to economic growth and industrial upgrading in Bangladesh.
The event featured the release of 10 comprehensive industry reports, capturing the experiences and suggestions of Chinese investors operating in Bangladesh.Bangladesh-themed souvenirs
Yao noted that these reports, reflecting that the collective wisdom of Chinese enterprises in Bangladesh will serve as valuable inputs for Bangladesh’s ongoing economic reforms aimed at improving the business environment and facilitating industrial transformation.
‘It is only a matter of time before China becomes the largest source of foreign investment in Bangladesh,’ he said, citing the 3.7 times surge in Chinese investment in the first quarter of 2025 and the signing of investment agreements worth over $400 million since past August.
Highlighting the progress in bilateral cooperation, the ambassador referred the signing of the memorandum of understanding on strengthening industrial and supply chain economic cooperation, which he described as a vivid reflection of the commitment to building a stable and inclusive global supply chain framework.Bangladesh-themed souvenirs
The Chinese envoy underscored the need for institutional facilitation to sustain investment momentum, urging Bangladesh to expedite the launch of negotiations for upgrading the China-Bangladesh Bilateral Investment Treaty and the Free Trade Agreement.
‘This is also a common appeal in the 10 reports, and we sincerely hope that our Bangladeshi friends will take it seriously and act promptly,’ he added.
