Publish: 08:47, 19 Apr, 2026

DCCI signs MoCs with three Chinese chambers to boost trade, investment

Online Desk
DCCI signs MoCs with three Chinese chambers  to boost trade, investment
Photo - Collected

The Dhaka Chamber of Commerce and Industry (DCCI) on Saturday signed Memorandum of Cooperation (MoCs) with three leading Chinese Chambers in Guangdong, China, to strengthen Bangladesh–China economic ties and expand trade and investment opportunities.

The Chinese Chambers signing the MoCs are - Guangdong Chamber of Commerce of Importers and Exporters (GDCCIE), China Chamber of Commerce for Import and Export of Machinery and Electronics Products (CCCME), and Guangzhou Chamber of Commerce for Outbound Business.

DCCI Senior Vice President Razeev H Chowdhury signed the MoCs on behalf of the chamber during a business delegation visit to China, said a DCCI press release.

The agreements aim to enhance structured business-to-business (B2B) engagement, improve exchange of market information, and facilitate joint ventures in priority sectors such as agro-processing, infrastructure, renewable energy, automotive, shipbuilding, light engineering, and high-tech industries including semiconductors.

They also focus on emerging areas like fintech, agritech, artificial intelligence, robotics, biotechnology, healthcare and advanced supply chain solutions.

DCCI leaders said the partnerships come at a time when Bangladesh’s industrial sector is increasingly dependent on China for inputs and capital goods. In the last fiscal year, Bangladesh imported around $18 billion worth of goods from China, while Chinese investment stood at approximately $1.7 billion, making China the country’s fifth-largest foreign investor.

On the sidelines of the 139th Canton Fair, the DCCI delegation also took part in the “Trade Bridge–Bangladesh Matchmaking Event” at the China Foreign Trade Centre, holding B2B meetings with around 270 Chinese companies. The engagements are expected to generate new sourcing partnerships and investment opportunities.

At the event, Chinese business representatives highlighted Bangladesh’s growing importance as a regional market hub.

Qiu, Director of CCPIT, mentioned that Nansha, China, holds a strategically important geographic position and recorded a regional GDP exceeding RMB 240 billion in 2025.

He noted strong prospects for joint collaboration between entrepreneurs of the two countries in specialised industrial clusters such as automobiles, shipbuilding and biomedicine.

Wu Shaowei, President of GDCCIE, said Bangladesh could serve as a gateway for Guangdong-made products into South Asian markets, while Shi Yonghong, Vice President of CCCME, described the Canton Fair as a critical platform for strengthening industrial linkages between Chinese manufacturers and Bangladeshi enterprises.

Business leaders from both sides expressed optimism that the MoCs will help reduce trade barriers, strengthen supply chain resilience and promote more balanced and value-added economic cooperation in the coming years.

Bd-pratidin English/ ANI

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