Xi’s visit to Monaco marking historical moment in bilateral friendship: Monaco minister
By Zheng Bin from People’s Daily
Chinese President Xi Jinping’s visit to
Monaco would mark a historical moment in the friendship between the two
countries, said Jean Castellini, Minister of Finance and Economy of Monaco, in
a recent interview with People’s Daily.
He believes Xi’s visit is of vital
significance for the further development of bilateral cooperation, adding that the
two countries have achieved heartening achievements in past and will embrace a
brighter future together.
Since the establishment of diplomatic relations
between China and Monaco, the two countries have seen remarkable development in
economic and trade relations. In the past two decades, bilateral trade has
grown 11 times, and bilateral cooperation has also been extended from the
traditional sectors of tourism and culture to more areas such as mobile
communication and high technology.
Castellini said that Monaco has always attached great
importance to the economic and trade cooperation with China. Last September, Prince
Albert II of Monaco paid a visit to China, and signed a slew of cooperation
agreements and intentions, arousing huge attention in the business world of
Monaco.
The minister noted that the achievement of visit
by Prince Albert II was described as “more-than-expected” by the Monaco
society. He told People’s Daily that till today he could still receive letters
from Monaco companies that hope to further enhance cooperation with China.
He believes that President Xi’s visit to Monaco
will surly push for a new high of China-Monaco economic and trade cooperation.
Despite the second smallest national territory
in the world as well as the lack of population and resources, Monaco has
created remarkable economic achievements, becoming one of the best-performing
countries regarding per capita GDP.
Since the early 20th century, Monaco has
undergone successful economic transition and gradually grown into a diversified
economy that enjoys all-round development.
Speaking of the characteristics of China-Monaco cooperation, Castellini noted that the two countries share many
similarities in economic development despite the huge difference in economic sizes.
He said that both countries lay high importance on maintaining political
stability and sustainable policies, and take opening-up as the fundamental
national policy.
These are what the two countries have in common
for their economic success, and also an important foundation for bilateral
cooperation, Castellini added.
The minister also shared his view on
the potential of bilateral cooperation in the future. The two economies are
highly complementary, he said, adding that China is a global leader in
infrastructure and high technology, while Monaco boasts
outstanding performance in clean energy, environmental protection, and financial
services.
In addition, both countries have gained rich
experiences during economic transition and diversified economic development,
which is conducive to the further promotion of bilateral exchanges and
cooperation, the minister added.
Castellini noted that the Belt and Road
Initiative (BRI) proposed by China reflected the country’s determination to open
up and its willingness to share its development dividend with the rest of the
world.
Xi’s visit to Monaco marking historical moment in bilateral friendship: Monaco minister
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