Local economists said the Chinese president's visit brought billions of dollars of investment deals to Bangladesh's transport, infrastructure and energy production, leather, ready-made garments, pharmaceuticals and automobile sectors, to name a few.
Abdul Matlub Ahmad, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country's top trade body, said the deals signed during Xi's visit sent a positive signal to the rest of the world that normalcy had returned to Bangladesh after the Dhaka cafe attack and subsequent acts of terror.
He said the deals reflected Dhaka's improving security situation and helped Bangladesh's efforts to improve its entire business climate.
Khandaker Golam Moazzem, additional research director of Bangladesh's leading think tank, the Center for Policy Dialogue (CPD), told Xinhua recently that the visit of President Xi provided a signal to the global community that Bangladesh is not "unsafe" for foreigners as was being claimed after the Holy Artisan attack by terrorist groups in June, 2016.
"The measures taken by the government with the support of the international community have revamped the business environment in Bangladesh within the shortest possible time," he said.
He added that Xi's visit has highlighted the fact that the bilateral relationship between Bangladesh and China had reached a new height of "strategic partnership," which would facilitate the contributions of the Chinese government and the private sector not only in extending commercial credit or investment, but also in extending technological and technical support for the development of Bangladesh's industrial sector.
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