Ambassador-designate of China to Brunei Darussalam Xiao Jianguo, at the gathering with media and think tanks on Wednesday, shared that bilateral trade volume achieved a year-on-year growth of 7.5 per cent to USD3.08 billion in 2022, an increase of over 200 times since the establishment of diplomatic relations, hitting a new height in history.
On the bilateral relationship between the two countries, Xiao Jianguo said, “Hengyi Industries has made important contributions to the Sultanate by promoting the upgrading of industry, increasing employment and diversifying economic development.
“The projects under the Brunei-Guangxi Economic Corridor, such as Muara Port Company and Hiseaton Fisheries, are developing vigorously. It is worth mentioning that the cooperation between Brunei and China promotes bilateral trade growth and the growth between the Sultanate and other countries.”
Since arriving at Brunei, he said, “I have visited Chinese enterprises in the country such as Hengyi Industries and Muara Port Company, and learnt about their contributions to the diversification of Brunei’s economy and bilateral economic cooperation. I am proud of the achievements.
“This year marks the 10th anniversary of the Belt and Road Initiative proposed by President Xi Jinping. China will take this opportunity to join hands with the Sultanate, to write a new chapter of high-quality, sustainable and beneficial Belt and Road Cooperation, and usher in a new era of mutual benefit and common development.”
Source: Borneo Bulletin
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April 28, 2023
