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Asian business communities eager to bolster cooperation with China in economy and trade – Press Releases

The 15th China-South Asia Business Forum was held on November 19thth-twenty onest in Kunming, China. Business representatives from Asian countries, including India, Pakistan, Bangladesh, Nepal, Sri Lanka and Afghanistan, attended the forum and delivered video speeches, urging them to strengthen cooperation between the two countries and China in economics and trade.

“Afghanistan is at the crossroads of Central, South and West Asia linked to China and on the routes of goods transport through these regions. There is great potential for development.” Principal Shafiqullah Atayee said: He hoped China would continue to strengthen cooperation with Afghanistan in commercial trade and invest in urban infrastructure and airport construction to help improve local conditions for traffic, transportation, trade and exchange. There is

In 2021, the bilateral trade volume increased by about 75% with an annual growth rate of 12%, according to Secretary General Rajeev Singh. In 2021, the Indian Chamber of Commerce and Industry of India said India-China relations have long been established and cooperation between the two sides in trade and commerce is deepening. Since 2015, trade with China has reached $125.6 billion, surpassing $100 billion for the first time. “Nevertheless, investment has not maintained the same pace of growth as trade, leaving room for further improvement.”

Irfan Iqbal Sheikh, president of the Pakistan Federation of Chambers of Commerce and Industry, said China is Pakistan’s main trading partner and that the China-Pakistan Economic Corridor has greatly improved the country’s industrial and energy structure. Road accessibility. “We hope that China will be able to invest more in Pakistan’s industrial and technological sectors, especially in economic development zones.”

“The construction of the Belt and Road has strengthened cooperation in trade and supply chains between Sri Lanka and China,” said Keerthi Gunawardane, Chairman of the Federation of Sri Lanka Chambers of Commerce. He was convinced that the favorable geographical conditions would make Sri Lanka an international cargo storage and distribution center and a logistics hub in the Indian Ocean. The government is currently focusing on developing ports and port cities, hoping that Chinese investors can focus on related projects.

Mr. Zhang Shenfeng, vice chairman of the China International Trade Promotion Commission, said that the commission and the China International Chamber of Commerce will always work together with the domestic and foreign business communities and Yunnan to explore the untapped potential of trade and investment. He said that he aims to explore and optimize Improve the regional business environment and give full play to the role of the forum to promote economic and trade cooperation between China and the rest of the world.

The China-South Asia Business Forum is the first institutional forum jointly established by the business communities of China and South Asian countries with the aim of developing the regional economy through cooperation. Since 2004, so far, he has held 14 forums in Kunming, greatly promoting regional exchanges and cooperation.

The forum will consist of a series of events – Opening Ceremony, 4th China-South Asia Aviation Conference, China (Yunnan)-Bangladesh Matchmaking Conference for Economic and Trade Cooperation, China-South Asia Business Council Conference, BCIM Business Council Conference Bring More Opportunities and Momentum to Regional Economic Recovery .



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