A China-Europe freight train with 45 compartments of anti-epidemic supplies leaves the Xinzhu Railway Station in Xi'an, northwest China's Shaanxi Province, on Aug. 12, 2020, to head for Italy's Milan. (Photo by Yuan Jingzhi/Xinhua)

China has demonstrated its excellent capability of running the economy smoothly, a leading Bangladeshi economist has said, noting that the country has maintained steady gross domestic product growth, transformed its financial management, banking system and capital market, and attracted foreign direct investment from developed countries by establishing itself as a global manufacturing hub.

by Naim-Ul-Karim

DHAKA, Aug. 22  -- China's contributions to the world economy have proven significant amid the COVID-19 pandemic, a leading Bangladeshi economist told Xinhua in a recent interview.

Jamal Uddin, general secretary of the Bangladesh Economic Association (BEA), said scientific innovations from China have made the world competitive.

Chinese mobile handsets and electronic devices, including those of Huawei and cashless financial and banking systems, have reduced the cost of doing business, said the leader of BEA, which has more than 4,500 members from academia, government, businesses, civil society and the masses.

Uddin, also a leader of Prime Minister Sheikh Hasina's ruling Bangladesh Awami League party, noted Chinese e-commerce giant Alibaba has invested in Bangladeshi mobile financial service provider Bkash.