Deputy Prime Minister visits China's first special economic zone

Thanh Hà |

The Deputy Prime Minister suggested that Shenzhen City, China exchange experiences in developing the private economic sector and specific policies for special economic zones.

On March 18-19, within the framework of his visit to China, Deputy Prime Minister Nguyen Chi Dung worked in Shenzhen city, Guangdong province and met with Permanent Deputy Mayor of Shenzhen city Dao Vinh Han.

According to the Ministry of Foreign Affairs, at the meeting, Deputy Prime Minister Nguyen Chi Dung expressed his pleasure at visiting Shenzhen city, a civilized, modern, prosperous, livable and worth-visiting supercity in China.

The Deputy Prime Minister congratulated and highly appreciated the city's great achievements in socio-economic development and international integration under the leadership of the Communist Party Central Committee of China headed by General Secretary and President Xi Jinping.

Permanent Deputy Mayor Dao Vinh Han expressed his pleasure at welcoming the working delegation led by the Deputy Prime Minister to visit Shenzhen city and sincerely thanked the attention and support of the leaders of the Government, ministries, branches and localities of Vietnam for Shenzhen city in the past time.

The Permanent Deputy Mayor of Shenzhen City was pleased to share that Vietnam is Shenzhen's largest trading partner in ASEAN and expressed his desire to further enhance exchanges and substantive cooperation between local governments, businesses and organizations of the two countries for the common good, contributing positively to the Vietnam - China Comprehensive Strategic Partnership, especially in four areas including high-quality development, industry, trade - investment and tourism.

Quang canh cuoc hoi kien. Anh: VGP
View of the meeting. Photo: VGP

The Deputy Prime Minister emphasized that the Party, Government and people of Vietnam consistently consider the consolidation and development of friendly and cooperative relations with China as a consistent policy, an objective requirement, a strategic choice and a top priority in Vietnam's foreign policy of independence, self-reliance, multilateralization and diversification.

The Deputy Prime Minister expressed his agreement with the priorities and proposals of Shenzhen city, and at the same time suggested that the city continue to promote cooperation and exchange experiences on the development of the private economic sector, ways to strengthen linkages between economic regions, the role of the state and the market, specific policies for free trade zones and special economic zones.

The Shenzhen Special Economic Zone is the first special zone in China, established in 1980, located in Guangdong province, bordering Hong Kong (China), acting as a pioneer in testing China's innovation and opening policies. In 2024, Shenzhen's GDP will reach 3.68 trillion yuan (about 500 billion USD), with the investment rate for research and development equal to 6.46% of GDP, among the highest in the country. Shenzhen is considered the Silicon Valley of China and is home to many leading technology enterprises such as Huawei, Tencent, BYD...

Thanh Hà
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Promoting Vietnam-China cooperation in developing special economic zones

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Deputy Prime Minister Nguyen Chi Dung learned about the experience of building special economic zones (ZECs) in Shenzhen, China.

Deputy Prime Minister Nguyen Chi Dung visits China's model FTZ

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Thanh Hà |

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