Chinese premier Xi Jinping has arrived in Vietnam for a two-day state visit, marking a significant step in strengthening the longstanding ties between the Chinese mainland and Vietnam. 🇨🇳🤝🇻🇳
The relationship between the Chinese mainland and Vietnam has deep historical roots, tracing back over a thousand years of peaceful coexistence. Since establishing formal diplomatic relations in 1950, the bond has endured and flourished, especially after the renewal of ties in 1991. 📜✨
During his visit, Xi aims to chart a new course of growth and stability, reinforcing the “Three Nos” defense policy adopted by Hanoi in 1998: no military alliances, no siding with one country against another, and no foreign military bases on its soil. This policy has been pivotal in transforming the Chinese-Vietnamese border into a zone of peace and development. 🛡️🌱
Economic collaboration is a cornerstone of this visit. China remains Vietnam’s largest trading partner, with bilateral trade reaching an impressive $140 billion in the first ten months of 2023, surpassing last year’s total. Additionally, Chinese investments totaling around $26 billion are fueling Vietnam’s infrastructure projects, reducing poverty, and generating jobs, contributing significantly to the nation’s socio-economic progress. 💰🚀
Chinese Foreign Minister Wang Yi is also advocating for enhanced strategic connectivity through the Belt and Road Initiative (BRI), which aligns with Vietnam’s “Two Corridors, One Belt” framework. This partnership is expected to deliver substantial public goods, fostering stable development and further solidifying the strategic alliance between the two nations. 🌐🔗
As the visit progresses, both leaders are optimistic about the future, emphasizing that the strategic partnership remains a top priority in Vietnam’s independent foreign policy. This collaboration is set to bring continued economic growth and greater stability to the Southeast Asian region. 🌟📈
Reference(s):
Xi's Vietnam trip to chart a new course of growth and stability
cgtn.com