On March 19, within the framework of the working program of the Party delegation led by comrade Le Hoai Trung, Secretary of the Party Central Committee, Head of the Central External Relations Commission, visiting and working in China, comrade Tran Duc Thang, member of the Party Central Committee, Secretary of the Hai Duong Provincial Party Committee met and discussed with leaders of Jilin province and a number of businesses here.
At the meeting, comrade Tran Duc Thang introduced the potentials, competitive advantages as well as socio -economic achievements of Hai Duong, emphasizing the role of foreign investors, including Chinese enterprises, in the development of the province.
To date, foreign direct investment (FDI) in Hai Duong province has reached more than 11 billion USD, of which investment from mainland China and Hong Kong (China) accounts for about 47%. These projects contribute to creating jobs for many local workers, effectively contributing to the state budget. There are a number of large-scale investment projects, focusing on the field of clean energy conversion, which is one of the economic development goals towards a green economy and sustainable economy of Vietnam in the new situation.
Hai Duong Provincial Party Secretary Tran Duc Thang affirmed that Hai Duong province has been creating all favorable conditions for foreign enterprises to invest in the locality with quick administrative procedures and attractive incentive policies. Hai Duong currently has 17 established industrial parks with an area of 2,738 hectares, ready to welcome investors.
In the coming time, Hai Duong aims to attract and promote more projects using high technology, clean technology, environmentally friendly, projects with large investment capital with the potential to create competitive products, with a large export proportion in the international market.
On the side of Jilin province, comrade Canh Tuan Hai, member of the Party Central Committee, Secretary of the Provincial Party Committee expressed his wish to promote cooperation between Jilin province and localities of Vietnam, especially Hai Duong province, in areas where Jilin province has strengths such as automobile manufacturing, high-speed railway car manufacturing, high-tech agriculture , eco-tourism, etc.
Jilin province leaders said they will soon organize a working delegation to Vietnam to promote cooperation with localities including Hai Duong.
On this occasion, Provincial Party Secretary Tran Duc Thang visited the headquarters of China's leading automobile corporation FAW Group and Changchun Railway Transport Co., Ltd. under China Railway Corporation CRRC.
In recent times, Hai Duong provincial leaders have paid special attention to activities promoting economic and trade cooperation and attracting foreign investment through business trips abroad. The active activities of the provincial leaders have contributed positively to the outstanding results of FDI attraction in 2023 with over 1.1 billion USD, an increase of 3.1 times compared to 2022 and the highest in the past 10 years.
In 2023, Jilin's GDP will reach 1,353.12 billion yuan (about 190.6 billion USD), up 6.3%, ranking 25th out of 31 provinces and cities in China. Jilin has strengths in industries such as automobile manufacturing, petrochemicals, medical equipment, and food processing, of which the automobile industry will have an output of 1.55 million vehicles in 2023, ranking 8th out of 31 provinces and cities in China. Jilin is also a large province in food production, accounting for 4% of arable land and producing 10% of China's total food products, with major agricultural products such as corn, soybeans, and rice.
Bilateral trade turnover between Jilin and Vietnam in 2022 will reach 180 million USD; in 2023 it will reach 92.7 million USD, of which Vietnam's exports will reach 18.4 million USD, down 39.5%, and imports will reach 74.3 million USD, down 51.2%.
MENG TUONG (from Jilin, China)Source
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