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President shows hope for stronger economic ties with China

President Tran Dai Quang hosted a reception for Chinese Minister of Commerce Zhong Shan in Hanoi on May 20,.
President shows hope for stronger economic ties with China ảnh 1President Tran Dai Quang welcomes Chinese Minister of Commerce Zhong Shan in Hanoi (Photo: VNA)
Hanoi (VNA) – President Tran Dai Quang hosted a reception for Chinese Minister ofCommerce Zhong Shan in Hanoi on May 20, during which he emphasised that Vietnamattaches importance to expanding and improving the effectiveness ofeconomic, trade and investment cooperation with China, benefiting the people ofboth countries.

Lauding thepositive growth of the Vietnam-China comprehensive strategic partnership, especiallyin the economy, trade and investment, he noted that China has been the largesttrade partner of Vietnam, while Vietnam has become the largest ASEAN trade partnerof China.

He said thatduring his China visit from May 11-15 to attend the “One Belt, One Road” Forum,leaders of the two countries reached important shared perceptions onorientations and major measures to strengthen political trust, foster bilateralfriendship and cooperation, and maintain the healthy and stable developmentof the bilateral ties.

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

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

He suggestedthat China give more favourable conditions for the clearance of goods at bordergates to boost economic growth and improve living conditions for locals inborder localties of both sides.

The twocountries should urge businesses of both sides to promptly deal with currentobstacles and problems facing joint projects, he said, adding that bothcountries should also share ideas in making planning and plans in development strategyconnection, improving production capacity and building cross-border economiczones to match the benefit and sustainable growth strategies of both sides.

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

He welcomedChinese President and Party General Secretary Xi Jinping to visit Vietnam and attendthe APEC Summit 2017 in Da Nang.

For hispart, Zhong Shan affirmed that China highly values the development of ties withVietnam in a stable and deep fashion.

He briefedthe host on his activity during his stay in Vietnam, including a workingsession with Vietnam’s Minister of Industry and Trade on measures toeffectively implement high-level agreements reached by leaders of the twoParties and State, thus promoting bilateral economic, trade and investmentgrowth.

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

The Chineseofficial pointed to high cooperation potential between the two countries,expressing China’s hope to import more goods from Vietnam to lift up two-way tradeto exceed 100 billion USD towards balance in bilateral trade.

Chinapledges to open its door wider and creating favourable conditions forVietnamese goods in the market, he said, adding that the Chinese Government hasalso encouraged local businesses to invest in Vietnam and strengthenpartnership with their Vietnamese peers in high technology.-VNA
VNA

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