China supports enterprises to enhance investment in Vientam: Chinese top leader

The Chinese Government supports local enterprises to enhance investment in Vietnam, particularly in high-technology and emerging industries, General Secretary of the Communist Party of China and President of China Xi Jinping told Prime Minister Pham Minh Chinh during their meeting in Beijing on June 26, the Government News has reported.

The meeting took place as part of PM Chinh’s working trip to attend the 15thWorld Economic Forum (WEF)’s Annual Meeting of the New Champions 2024 in China.

The top Chinese leader also affirmed that China is ready to increase imports of high-quality Vietnamese products.

He proposed the two countries to strengthen cooperation in trade, investment and tourism; and consider piloting the establishment of a cross-border economic zone.

For his part, PM Chinh suggested that both sides collaborate in building large-scale, iconic, sustainable and highly effective projects; accelerate transport infrastructure connectivity, particularly in railways, roads and border crossings within the framework of connecting the "Two Corridors, One Belt" with the “Belt and Road” initiative.

He specifically asked China to facilitate the export of key Vietnamese products such as frozen durian, fresh coconut  and rice, among others,  making it easier for them to navigate through China to Central Asia and Europe.

He suggested promoting locality-to-locality cooperation as a new growth driver, studying the pilot model of cross-border economic cooperation zones, expanding border economic cooperation and developing smart border gates.

The Vietnamese Government leader proposed localities of the two countries to proactively enhance cooperation, connect regional development strategies, and expand coordination in finance, banking, education, health care and others.