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World Insights: China, ASEAN countries reap fruits of high-quality development via Belt and Road cooperation

2024-10-09 21:15   Xinhua

  Do, the Hanoi-based scholar, said that Vietnam-China “large cooperative projects on infrastructure, energy, and border area development have contributed to the socio-economic growth of both nations.“

  Vietnam-China trade cooperation “has bright prospects for deeper and more substantive cooperation in the future,“ she said.

  She also said the introduction of fresh and frozen Vietnamese durians into the Chinese market shows the development of trade cooperation, exemplified by diversifying products within the same category and adding value.

  With Chinese consumers' demand for durians on the rise, China is now the world's largest importer and consumer of durians. Last year, some 493,000 tons of fresh Vietnamese durians were sold to China.

  Vietnamese vendors sell durians in Dongxing, south China's Guangxi Zhuang Autonomous Region, on May 18, 2023. (Xinhua/Hu Xingyu)

  Do also pointed out the abundant opportunities in substantive development of bilateral trade, noting the two countries can further enhance cooperation particularly in high-tech agriculture and e-commerce.

  “China has advanced significantly in technology and innovation, while Vietnam is undergoing a digital transformation and developing its digital economy, creating great potential for cooperation in information technology, artificial intelligence, financial technology, and digital transformation in manufacturing,“ she added.

  CLOSER COMMUNITY FOR BROADER PROSPERITY

  The flagship projects realized through high-quality cooperation between China and ASEAN nations have become benchmarks of their ever-closer relationships, the strengthening of which is conducive to regional prosperity and peace, experts have said.

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