BEIJING, June 26: Bangladesh has called for stronger economic cooperation with China, seeking greater access for its exports, increased investment and continued support for key development projects during Prime Minister Tarique Rahman’s first official visit to Beijing since assuming office earlier this year.
During a meeting with Chinese President Xi Jinping on Friday, Rahman stressed the need to address the growing trade imbalance between the two countries. He urged China to expand imports from Bangladesh and create new opportunities for Bangladeshi products in the Chinese market.
The three-day visit marks an important milestone in bilateral relations as the new Bangladeshi government works to deepen economic engagement with one of its largest trading partners and a major source of infrastructure financing.
Rahman highlighted that reducing the trade deficit remains one of Dhaka’s top priorities. He requested Beijing to facilitate the import of several Bangladeshi products, including fresh mangoes, jackfruit, guava, seafood, raw leather, jute-based goods and pharmaceutical products. Expanding access for these exports, he said, would help create a more balanced trading relationship.
Apart from trade, Bangladesh also sought China’s continued backing for several flagship development initiatives. Rahman said his government is looking for Chinese assistance in implementing major infrastructure projects while modernising existing industrial facilities to strengthen manufacturing capacity and improve competitiveness.
China responded positively to Bangladesh’s proposals, expressing its willingness to import more quality products from the South Asian nation. Beijing also reaffirmed its commitment to encouraging Chinese companies to increase investments in Bangladesh across a range of sectors.
According to a statement released by the Chinese government, both countries agreed to explore cooperation in emerging industries such as renewable energy, the digital economy and artificial intelligence. These sectors are expected to become key pillars of future economic collaboration.
Earlier in the visit, Rahman held talks with Chinese Premier Li Qiang, during which both sides signed several agreements aimed at enhancing bilateral cooperation in trade, investment, technology and development. The agreements are expected to further strengthen the long-standing partnership between the two countries.
Bangladesh has been an active participant in China’s Belt and Road Initiative since joining the programme in 2016. Over the past decade, Chinese funding has supported numerous infrastructure and connectivity projects across the country, making Beijing one of Dhaka’s most significant development partners.
International financial data indicate that China remains Bangladesh’s largest bilateral creditor. Bangladesh currently owes approximately 6.2 billion US dollars to China, while the Beijing-based Asian Infrastructure Investment Bank has extended additional financing worth about 2.3 billion dollars for various development projects.
Chinese companies have also made substantial investments in Bangladesh’s economy, particularly in the energy sector, manufacturing and industrial development. These investments continue to play an important role in supporting Bangladesh’s economic growth and expanding its industrial base.
The visit also reflects Dhaka’s broader foreign policy approach under Rahman’s leadership. While Bangladesh is seeking to strengthen ties with Beijing, it is simultaneously working to maintain constructive relations with neighbouring India. Analysts believe the government is attempting to pursue a balanced diplomatic strategy by engaging with both regional powers without compromising national interests.
Relations between Bangladesh and India have improved since Rahman assumed office, although several issues, including border-related concerns and regional security matters, continue to require sustained diplomatic engagement.
Experts, however, note that China’s overseas financing strategy has evolved in recent years. Beijing has become more selective while approving large infrastructure investments, placing greater emphasis on projects that offer strategic connectivity and long-term economic returns.
Despite this cautious approach, observers believe Bangladesh remains an important partner for China due to its growing economy, strategic location in South Asia and expanding consumer market.
The discussions held in Beijing are expected to provide fresh momentum to bilateral cooperation, with both countries aiming to strengthen trade, attract greater investment and identify new opportunities in high-growth industries that can benefit their economies in the years ahead.