Head of the Party Central Committee’s Commission for External Affairs Hoang Binh Quan shared Vietnam ’s growth experience with a delegation from the Development Research Centre (DRC) of the China State Council, led by President Li Wei, during their meeting in Hanoi on April 13.

The Chinese delegation are visiting Vietnam to exchange experience in economic development and national reform as well as seek stronger economic and trade cooperation between the two countries.

Quan, who is also a member of the Party Central Committee, said that regular exchange between strategic research bodies of both countries will make positive contributions to realising agreements reached by senior leaders of the two countries, fostering the sustainable growth of the Vietnam-China relations.

Lauding Vietnam ’s achievements and development experience under the leadership of the Communist Party of Vietnam , Li Wei, who is also a member of the China Communist Party’s Central Committee, expressed his hope for closer coordination with Vietnamese counterpart agencies in development research.

Earlier on the same day, the DRC delegation was welcomed by Vuong Dinh Hue, member of the Party Central Committee and Head of the Committee’s Economic Commission.

The two sides agreed that the potential cooperation opportunities between development studies agencies of Vietnam and China are extensive.

Both sides are facing difficulties and challenges during their reform and open-door process, they noted.

Currently, Vietnam is the second largest partner of China among ASEAN member countries and China is Vietnam’s largest trade partner. As such, both sides should increase information sharing and experience in economic development strategy research for their mutual benefit and to promote mutual understanding and trust between the two Parties and States, they said.

They concurred that closer collaboration between the Vietnamese commission and research centres of the Vietnam ’s Ministry of Planning and Investment with the DRC will enhance the bilateral partnership, especially in economics, trade and investment.

During their stay, the Chinese delegation also met with Nguyen Chi Dung, Party Central Committee member and Deputy Minister of Planning and Investment.-VNA