Saturday, December 7, 2019 | ePaper

Rising China-ASEAN economic, trade cooperation vital for long-term peace: Exporters

  • Print
Xinhua, Phnom Penh :
Growing economic and trade relations between China and the Association of Southeast Asian Nations (ASEAN) are crucial to securing long-term peace and shared prosperity in the region, said Cambodian officials, scholars and exporters.
ASEAN became China's second-largest trading partner in the first half of 2019, overtaking the United States for the first time since 1997. China's customs data showed that China's trade with ASEAN rose 10.5 percent to nearly 2 trillion yuan (291 billion U.S. dollars) in the first half of this year, as China's trade with the U.S. dropped 9 percent to 1.8 trillion yuan (262 billion U.S. dollars).
Ministry of Commerce Under Secretary of State and Spokesman Seang Thay said China has been one of ASEAN's most important trade and investment partners and vice versa thanks to geographic proximity and strategic partnership between the two sides.
"ASEAN and China have so far cooperated very well in economic and trade sectors," he told Xinhua. "With joint efforts and high commitment made by the leaders of China and ASEAN, I believe that the two-way trade volume between the two sides will continue to increase in coming years."

More News For this Category

Shyamal Krishna Saha, General Manager of Mymensingh Divisional Office of Janata Bank Ltd, presiding over Branch Manager's Conference at Mymensingh branch premises on Friday. Bank's Chairman Dr. Jamaluddin Ahmed, Managing Director Md Abdus Salam Azad, DMD Md Tajul Islam and CFO AKM Shariat Ullah, among others, were present.

Shyamal Krishna Saha, General Manager of Mymensingh Divisional Office of Janata Bank Ltd, presiding over Branch Manager's Conference at Mymensingh branch premises on Friday. Bank's Chairman Dr. Jamaluddin Ahmed, Managing Director Md Abdus Salam Azad, DMD Md Tajul Islam and CFO AKM Shariat Ullah, among others, were present.

.

Janata Bank officials deprived of promotion for years

Janata Bank officials deprived of promotion for years

Abdul Alim :Some 1160 officers of Janata Bank have alleged that they have been deprived of promotion for years. According to sources in the bank, at least 2437 candidates

Quartz to manufacture IP phone, biometric devices, security system hardware

Quartz to manufacture IP phone, biometric devices, security system hardware

Business Desk :Quartz Manufacturing signed a ready-space of about 20,000 square feet rental allotment agreement with Summit Technopolis to assemble and manufacture IP phone, biometric devices, security system hardware,

Oikko inaugurates its second outlet

Oikko inaugurates its second outlet

Business Desk :Oikko Foundation is devoted for the development of the entrepreneurs involved with Cottage, Micro, Small and Medium Enterprises; as a consequence, one of its significant initiatives is

Customers can buy train tickets through bKash app

Economic Reporter :Customers are now able to buy train tickets directly from their bKash app 24/7 from anywhere. bKash has integrated the payment and processing of e-ticketing for train

Bangkok wants enhanced economic partnership with Dhaka

UNB, Dhaka :Ambassador of Thailand to Bangladesh Arunrung Phothong Humphreys has said Thailand wants stronger and closer relationship with Bangladesh to achieve the ultimate goal of an enhanced economic

Govt focusing exportable distillery products in sugar mills

Govt focusing exportable distillery products in sugar mills

Economic Reporter :The government is planning to run the state-owned sugar mills round the year through the production of diverse products, including export-oriented distillery items, aimed at making the

Govt working to ensure safe vegetables for consumers: Razzaque

Govt working to ensure safe vegetables for consumers: Razzaque

Economic Reporter :Agriculture Minister Dr Abdur Razzaque on Friday said that the government is working to ensure safe vegetables for the consumer through keeping the farmers under supervision."The country

Marathon OPEC meeting breaks up without agreement

AFP, Vienna :A meeting of the OPEC group of major oil-exporting countries broke up late Thursday without agreement on cutting production to head off pressure on prices from abundant

Prof Dr Md Salim Uddin, Chairman of Executive Committee of Islami Bank Bangladesh Limited and Vice President of Institute of Chartered Accountants of Bangladesh (ICAB), addressing a discussion titled

Prof Dr Md Salim Uddin, Chairman of Executive Committee of Islami Bank Bangladesh Limited and Vice President of Institute of Chartered Accountants of Bangladesh (ICAB), addressing a discussion titled "Chartered Accountancy: A Dream Career Path for Attaining Business Leadership" at Chittagong Govt. Commerce College in Chattogram recently. Sidhartha Barua, Council Member of ICAB, Prof Sagar Kanti Dey, Principal of the college, Imran Abu Hassan and Chairman of ICAB-Chittagong Regional Committee, among others, spoke.

.