China-Maldives Investment Cooperation Forum Boosts Bilateral Trade and Economic Growth

Male, October 29 (Daily Kiran) : The China-Maldives Investment Cooperation Forum took place in Male, the capital of the Maldives. Representatives from both countries discussed various topics, including sustainable marine resource use, clean energy development, low-altitude economies, and digital payments.

The forum was co-hosted by the Chinese Embassy in the Maldives and the Ministry of Economic Development, Transport, and Trade. Its main theme was “Empowering Coordinated Development of Green, Blue, and Digital Economies with New Productivity.” The goal was to enhance industrial coordination between enterprises in both countries, expand investment cooperation in emerging sectors, and accelerate the growth of economic and trade relations between China and the Maldives.

In his opening remarks, Maldivian President Mohamed Muizzu stated that the Maldives is entering a crucial phase of national development. He emphasized the need for economic diversification and rapid innovation to achieve development goals. The China-Maldives partnership has expanded into areas such as infrastructure, development financing, clean energy, and addressing climate change, making China a vital partner for the Maldives in the next phase of development.

Chinese Ambassador to the Maldives, Khong Xianhua, highlighted the potential for strengthening cooperation in technology, investment, and local resources. This collaboration aims to convert green and blue resources into industrial benefits. Key focus areas include the development of fully electrified transportation, tourism, fisheries, and the application of digital technology and artificial intelligence in public services. These initiatives are expected to contribute to the Maldives’ economic diversification and promote integrated economic growth.