Jiangsu (VNA) – Businesses from Suzhoucity in the Chinese province of Jiangsu want to step up cooperation withVietnam - a fast growing economy, Secretary of the municipal Party CommitteeZhou Naixiang said at a meeting with Chairwoman of the Vietnamese NationalAssembly Nguyen Thi Kim Ngan on July 9.
Zhou said trade between Vietnamese localitiesand Suzhou reached 8.5 billion USD in 2018, a year-on-year rise of 28.9 percent.The bilateral trade in the first five months of 2019 was 3.4 billion USD, hesaid.
The Chinese city now has 50 investment projectsin the fields of garment-textiles and plastic products in Vietnam, Zhou said.
He expressed his belief that Chairwoman Ngan’s ongoingofficial visit to China will contribute to promoting the comprehensivestrategic cooperative partnership between the two countries.
Chairwoman Ngan said she was expressed at thefact that Suzhou has been leading Jiangsu in terms of economic development formany consecutive years and was ranked seventh in China in terms of regionalgross domestic product in 2018.
The NA Chairwoman also showed her delight at thepositive, healthy and stable development in Vietnam-China relations over thepast time with regular high-level visits and meetings.
New strides have been seen in economic, tradeand investment cooperation, while exchanges between Vietnamese and Chineselocalities, including Jiangsu and Suzhou have been promoted, she said.
The top legislator added that Vietnam attachesgreat importance to developing the comprehensive strategic cooperativepartnership with China in a stable and sustainable manner as well as increasingexchanges and cooperation between Vietnamese and Chinese localities.
Vietnam will create the best conditions forforeign businesses to make investment in the country, she affirmed.-VNA