August 4, 2020

Trade between China and the Dominican Republic grows 41% in the last two years



The trade volume between China and the Dominican Republic reached 4.9 billion dollars until last March, an increase of 41% compared to the period from May 2016 to March 2018, as reported on Friday by the Dominican Foreign Ministry.

Likewise, 25 Chinese companies have established themselves in the Dominican Republic, multiplying their presence in the Caribbean country by five, after the formalization of diplomatic relations two years ago.

In addition, the Asian giant has offered the country dozens of scholarships and more than 1,200 training places.

On the other hand, the number of Chinese tourists who visited Dominican territory in 2019 exceeded 10,000 for the first time, an increase of 74.8%, making it the largest Asian market for visitors.

The Foreign Ministry also assured that China is helping the country to increase its capacity to respond to emergencies; offer essential public services; improve the environment and consolidate food security.

After the establishment of diplomatic relations in 2018, China established in Santo Domingo a site of the Confucius Institute and the Chinese pavilion was opened to the public at the Faro a Colón Museum.

In that order, the Minister of Foreign Relations, Miguel Vargas, highlighted the strengthening of commercial and cooperation ties between China and the country, as this second May marks the second anniversary of the start of diplomatic relations.

Vargas affirmed that the commemoration takes place in the midst of a great health crisis that, at the same time, “has been an opportunity for our countries to work in a coordinated manner in actions of international cooperation that contribute to overcoming this scourge more quickly.”

He indicated that “the Chinese Government of President Xi Jinping, through his Foreign Minister, Wang Yi, has responded generously to our call for cooperation regarding medical equipment and medicines,” and assured that the People’s Republic of China was the first countries to cooperate with the Dominican Republic in the battle against COVID-19.

In a ceremony held at the Dominican Foreign Ministry, the senior official thanked China for the collaboration provided on the occasion of the pandemic and announced an additional contribution of three million pesos by the Chinese embassy for the purchase of protective materials and for the Institute Tecnológico de Santo Domingo (Intec) and its program for the construction of assisted breathing devices.

He reiterated “strict” respect for the one-China principle, to further strengthen bilateral relations with this Asian country.

Meanwhile, the Chinese ambassador to the country, Zhang Run, pointed out that COVID-19 has not stopped friendship and cooperation between the two nations and considered that the Dominican authorities and society have also been in solidarity with China.

In addition, he said that the Government, companies and the Chinese community have donated to the country masks, PCR tests, protective suits, protective glasses, fans, diagnostic and detection systems with artificial intelligence and thermal recognition technologies, among other equipment, to support fighting the virus.

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