President shows hope for stronger economic ties with China

TIN LIÊN QUAN
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Lauding the positive growth of the Vietnam-China comprehensive strategic partnership, especially in the economy, trade and investment, he noted that China has been the largest trade partner of Vietnam, while Viet Nam has become the largest ASEAN trade partner of China.

President Tran Dai Quang welcomes Chinese Minister of Commerce Zhong Shan in Hanoi (Photo: VNA)

He said that during his China visit from May 11-15 to attend the “Belt and Road” Forum, leaders of the two countries reached important shared perceptions on orientations and major measures to strengthen political trust, foster bilateral friendship and cooperation, and maintain the healthy and stable development of the bilateral ties.

He proposed that the two sides actively implement agreements and common perceptions reached by senior leaders of the two countries, thus promoting economic, trade and investment partnership in a stable, balanced and sustainable manner.

The President noted China’s affirmation in opening its market and creating favourable conditions for Vietnam’s agro-fisheries and food products, electronics and coal.

He suggested that China should give more favourable conditions for the clearance of goods at border gates to boost economic growth and improve living conditions for locals in border localties of both sides.

The two countries should urge businesses of both sides to promptly deal with current obstacles and problems facing joint projects, he said, adding that both countries should also share ideas in making planning and plans in development strategy connection, improving production capacity and building cross-border economic zones to match the benefit and sustainable growth strategies of both sides.

The State leader also spoke highly of China’s support and close coordination during the 2017 APEC Year that Vietnam is hosting. He proposed that the two sides continue working closely together to create a new motivation for the sustainable, inclusive and creative growth of the Asia-Pacific region and driving APEC cooperation and connection to 2020 and beyond.

He is welcoming Chinese President and Party General Secretary Xi Jinping to visit Vietnam and attend the APEC Summit 2017 in Da Nang.

For his part, Zhong Shan affirmed that China highly values the stable and deep development with Vietnam.

He briefed the host on his activity during his stay in Viet Nam, including a working session with Vietnam’s Minister of Industry and Trade on measures to effectively implement high-level agreements reached by leaders of the two Parties and State, thus promoting bilateral economic, trade and investment growth.

China’s Ministry of Commerce is willing to work with Vietnam’s relevant agencies to realize the outcomes of the China visit of President Tran Dai Quang, he stated.

The Chinese official stressed the great cooperation potential between the two countries, expressing China’s hope enhance import sector with Vietnam to boost two-way trade, exceeding 100 billion USD towards a balance in bilateral trade.

China pledges to open its door wider and creating favourable conditions for Vietnamese goods in the market, adding to that, the Chinese Government has also encouraged local businesses to invest in Vietnam and strengthen partnership with their Vietnamese peers in high technology.

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