Commentary: 35 years on, China-Vietnam ties are promising
                 English.news.cn | 2014-02-18 12:04:55 | Editor: Fu Peng

By Xinhua Writer Zhu Dongyang

BEIJING, Feb. 18 (Xinhua) -- This year marks the 35th anniversary of the China-Vietnam border clashes.

Over three decades on, the two countries, having successfully put that particular historical chapter behind them, are aiming to build a strong and mutually beneficial relationship.

In recent years, the China-Vietnam ties have achieved tangible results amid increasing leaders' visits, booming trade and deepening people-to-people exchanges. The two countries are currently committed to ever enrich their comprehensive strategic partnership.

Chinese Premier Li Keqiang, during his official visit to Vietnam last October, reached important consensuses with Vietnamese leaders. Both sides vowed to deepen their partnership by simultaneously enhancing cooperation on land, at sea and in the financial area.

On the widely-watched South China Sea issue, the two countries agreed to establish a working group for maritime boundary issues and resource development.

Given the sensitivity of the territorial dispute, the proper management of their differences at sea has served to promote mutual trust and laid a solid foundation for cooperation in other areas.

This also sent out a clear message to other countries in the region and the world at large that maritime disputes, though being tricky, can be dealt with through direct bilateral negotiations.

Building on this positive momentum, China and Vietnam can further develop their relationship to the benefits of both sides.

The Chinese and Vietnamese economies are highly complimentary to each other. They can further tap the cooperation potential in trade, investment, infrastructure and finance.

Especially, booming trade and ever closer economic ties will pave the way for more Chinese capital to flow into the investment-hungary Southeast Asian country.

Besides, it is worth noting that the China-Vietnam relationship has a special nature as they share similar political systems and development paths. The two countries should support each other in their pursuit of economic and social progress.

The past three decades have proved that the two countries, despite their differences, have the motivation and wisdom to build a fruitful relationship.

Related:

China remains Vietnam's biggest trade partner in 2013

HANOI, Jan. 28 (Xinhua) -- China remained Vietnam's largest trade partner in 2013 with total turnover reaching 50.21 billion U. S. dollars, up 22 percent year-on-year, according to statistics from the Vietnam Customs on Tuesday.

Specifically, in 2013, Vietnam spent 36.95 billion U.S. dollars for imports from China, up 28.4 percent, while it transported some 13.26 billion U.S. dollars worth of goods to China, up 7 percent year-on-year. Full story

Interview: More Chinese investment boosts China-Vietnam trade ties

HANOI, Jan. 16 (Xinhua) -- China's investment in Vietnam has dramatically increased in both capital value and project numbers in 2013 thanks to the stability in the Vietnam-China bilateral relations, according to a respected expert here.

In an interview with Xinhua, Do Tien Sam, editor in chief of the China Research Journal published by the Institute for Chinese Studies in Vietnam Academy of Social Science, said that the political determination of the two countries' leaders to maintain stable and healthy bilateral relations has helped increase the confidence of Chinese private investors to boost their investment in Vietnam in 2013. Full story

 

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