International development partners, including the World Bank, have also entered the picture with initiatives designed to boost jobs and trade, although such efforts are longer-term in nature and their impact on immediate job creation is still unfolding.
China has grown into one of Bangladesh’s most significant economic partners. In FY 2023–24, Bangladesh imported goods worth $16.637 billion from China, accounting for 26.4 per cent of the country’s total imports, indicating the growing demand for Chinese products.