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Zhejiang Export Fair strengthens China-Vietnam trade ties

China’s Zhejiang Export Fair 2016 was held at the International Exhibition Centre in Hanoi from August 4-6. Inaugurating the fair, Feng Wei, Director, Economic-Commerce Desk under China's Zhejiang Commerce Department said the Zhejiang Export Fair would serve as an important bridge to boost China-Vietnam bilateral trade ties. He said to further enhance reciprocal cooperation with ASEAN countries, including Vietnam, his department carried out a project to promote Zhejiang-made products to the world.

Under the project and with the support of Vietnam's Ministry of Industry and Trade (MoIT), the fifth Zhejiang Export Fair could draw participation of 114 Zhejiang companies. Zhejiang is a coastal province located in the Southeast of China with ideal natural conditions. It posted rapid economic growth in recent years and boasts of economic relations with over 230 countries and territories around the world. In 2015, the province’s total export turnover reached $347.4 billion.

For China, Vietnam continued to be the largest trading partner with total import-export revenue of more than $66.6 billion in 2015, up 13.4 per cent year-on-year. For Vietnam too China is the largest trading partner among ASEAN countries. With the intention of promoting the attractive feeling of Zhejiang Made products to Vietnam and Southeast Asia, the fair drew a great deal of attention from local companies and consumers.

 
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