Business leaders seek stronger Bangladesh-China investment ties

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Business leaders seek stronger Bangladesh-China investment ties

B Mirror Report: Business leaders, policymakers and investors at the Bangladesh-China Business Summit 2026 on Saturday called for stronger financial support mechanisms, smoother banking settlements and expanded cooperation in renewable energy and technology-based investment to further strengthen bilateral economic ties between Bangladesh and China.

The summit, organised by Bangladesh China Club Limited at Crowne Plaza Dhaka Gulshan, brought together representatives from government agencies, banks, businesses and investment groups from both countries to discuss opportunities in trade, infrastructure, healthcare, renewable energy and industrial development.

Speakers highlighted Bangladesh’s growing potential in clean energy, manufacturing, healthcare, skills development and export diversification, while stressing the need for policy continuity, investor confidence and long-term partnerships to attract greater Chinese investment.

Sustainable and Renewable Energy Development Authority (SREDA) Chairman Muzaffar Ahmed, speaking as chief guest, said Bangladesh was steadily moving towards becoming a sustainable and investment-friendly economy. He noted that the country’s power and energy sector offers major opportunities for foreign investors, particularly in rooftop solar, wind energy, smart grids, electric vehicle infrastructure, green hydrogen and battery technology.

He said Bangladesh aims to generate 20 percent of its electricity from renewable energy by 2030 and 30 percent by 2040 under the Renewable Energy Policy 2025. He also invited Chinese investors to explore joint ventures and technology partnerships in the sector.

United Commercial Bank (UCB) Managing Director and CEO Mohammad Mamdudur Rashid said Bangladesh-China relations had evolved into a strong economic partnership since diplomatic ties were established in 1975. He added that UCB has been supporting trade finance and foreign investment for decades and recently introduced a dedicated Chinese-language desk to facilitate communication with Chinese clients and investors.

A Mannan Khan, chairman of Mango Telecom, expressed concern over the withdrawal of sovereign guarantees in Bangladesh’s power sector, saying the move could discourage Chinese participation in major infrastructure projects.

He also stressed the importance of timely settlement of Letters of Credit (LCs) to maintain investor confidence and protect the credibility of Bangladesh’s banking system.

Meanwhile, Li Xiang, chairman of Hainan Meixin Grand Health Management Co. Ltd., announced plans to introduce advanced cell and gene technologies in Bangladesh for regenerative medicine and tumour treatment. She said the company aims to establish international-standard anti-ageing and cancer treatment centres in collaboration with local partners.

Li WenGang, chairman of the Global Chinese General Chamber of Commerce, spoke about initiatives to support Bangladeshi youth through vocational training and Chinese language education. Proposed training areas include drone operation, livestreaming and computing skills.

Chen Yingjie, chairman of Guangzhou Wanxi Investment and Development Co. Ltd., highlighted opportunities for industrial cooperation and pledged support for Bangladeshi exporters through exhibition facilities in Guangzhou to help them access the Chinese market.

Joint Secretary of the Ministry of Commerce and CEO of the Bangladesh Foreign Trade Institute Dr Saif Uddin Ahmed said Bangladesh’s graduation from the least developed country (LDC) category and the likely extension of the transition period until 2029 would create new opportunities for foreign investors.

He added that Bangladesh’s continued duty-free and quota-free market access to major global destinations makes the country an attractive base for export-oriented Chinese investments.

 

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