This was the conclusion of the experts of the Economic Council Secretariat to the Prime Minister of Moldova at the end of the official visit to China.

From discussions held with representatives of several Chinese companies and organizations, the development of the economic project “One Belt, one Road” the Silk Road, is meant to facilitate commercial and economic relations in a geographical area which includes over 70 states, and Moldova could benefit from the economic and trade relations between major economic powers at the two ends of this road – the EU and China. However, China is virtually unaware of the potential of Moldova within the Silk Road project from the perspective of infrastructure, investment, commerce and tourism, “said the experts of the Secretariat.

In China, the Moldovan delegation, including the Advisor for Foreign Policy Andrei Galbur and the Head of the legislation harmonization Center at the State Chancellery, Natalia Suceveanu, met with representatives of China’s People Political Consultative Conference, which is in charge of the Economic and Social Council. The main message of the Chinese side is that the visit of the Secretariat of the Economic Council to the Prime Minister represents a very good opportunity for Chinese companies who want to know more about the investment and trade opportunities offered by Moldova.

During visits to Xi’an International Trade & Logistics Park, Tang West Square and Bright Food Co. LTD, Moldovan delegation saw enormous opportunities for exporting our products. Xi’an Province is in continuous development, but is unaware of Moldovan products. Companies operating in the logistics park and holding supermarket networks in China have shown interest in discussing about products from Moldova with export potential, including wines and food. China’s “Silk Road” International Chamber of Commerce has shown an increased interest in strengthening economic and trade relations with Moldova, being open to discuss investment and export projects.

During the study visit, experts were able to see some high-end IT centers, such as the Zhongguancun Exhibition Center – the National Innovation Demonstration Zone. Shibei Hi-Tech Park Planning Center and Big Data Center Trading embedding technologies of the future in processing China’s socio-economic data. “For China, with the largest population in the world, these technologies are very important, but Moldova can also learn from experiences in this area that would benefit the citizens of the country. We are talking about collecting and processing data on the provision of public services and the needs of citizens, and businesses that can make public authorities more accountable and suggest measures to simplify daily life and work for citizens and businesses, “the Economic Council experts said.

“An increased effort will be needed from Moldova to develop proposals for infrastructure, investment and trade projects to be presented to colleagues in China. In its message, Moldova should highlight the potential and benefits of an ambitious global economic project initiated by China. At the same time, it is key to speed up regulatory and administrative reforms so that trade and investment face no impediment and burden, which is also a major priority for the economic project with China, “said Head of Mission Ion Lupan , head of the Secretariat of the Economic Council to the Prime Minister of RM.

The visit of the Chisinau delegation to China from 21 to 27 April 2019 took place with the support and contribution from the International Finance Corporation, World Bank Group, Chisinau Office of the European Bank for Reconstruction and Development and the Ambassador of the Republic of Moldova to China, Denis Jelimalai.

The Secretariat of the Economic Council to the Prime Minister is supported by the European Bank for Reconstruction and Development, funded by the UK Government’s Good Governance Fund.