China Knitting Industrial Association
Chinese delegation meets BGMEA leaders to discuss trade and investment potential
A delegation from China, comprising representatives from the China Knitting Industrial Association and the China Cotton Textile Association, visited the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Monday.
The visit aimed at exploring potential collaboration, particularly in the textile and apparel sector to derive mutual trade benefits.
The Chinese delegation included Lin Yunfeng, chairman of China Knitting Industrial Association, Jing Shenquan, vice chairman of China Cotton Textile Association, and Wei Wei, vice director of the Department of China Knitting Industrial Association.
FBCCI president meets with finance minister, wants prices to remain stable during Ramadan
Besides, representatives from various Chinese companies specializing in textile machinery, chemicals, and raw materials were also part of the delegation.
During the visit, they met with BGMEA leaders including President Faruque Hassan, Senior Vice President S. M. Mannan (Kochi), Vice President Shahidullah Azim, and Vice President (Finance) Khandoker Rafiqul Islam.
BGMEA Directors Faisal Samad, Haroon Ar Rashid, Barrister Vidiya Amrit Khan, Md. Imranur Rahman, and Neela Hosna Ara were also present in the meeting.
Islami Bank holds 2-day Business Development Conference
They discussed trade and investment opportunities, fostering collaboration, and expanding business scope between Bangladesh and China in the textile and apparel sector.
BGMEA President Faruque Hassan gave an overview of Bangladesh’s apparel industry, especially its strong emphasis on shift towards manufacturing high-value products, particularly man-made fiber-based garments.
He sought China’s investment in high-end textile and backward linkage industries in Bangladesh that would bring benefits to both sides.
He also emphasized China’s support in enhancing capabilities through the exchange of knowledge and technical expertise.
Titu affirms commitment to export diversification; calls on EU, UK to invest in jute, leather sectors
He said the shift to non-cotton apparel would lead to an increase in demand for man-made fiber-based fabrics, chemicals, and other raw materials, and China is well-positioned to meet Bangladesh’s requirements.
President Faruque Hassan also highlighted the high potential for garment exports from Bangladesh to China.
11 months ago