Bangladesh enjoys an advantageous geographical position. It has been a transit station for businessmen from South Asia, Southeast Asia, Central Asia and even Europe since ancient times. It is located at the intersection of China Economic Circle, South Asia Economic Circle and ASEAN Economic Circle, and is an important country along the belt and road initiative. The “Belt and Road” initiative was supported by Bangladeshi Prime Minister Sheikh Hasina. Since the “Belt and Road” initiative was put forward, China and Bangladesh have achieved remarkable results in policy communication, facility connectivity, smooth trade, capital financing and people-to-people communication. However, China and Bangladesh still face challenges in the political, security, economic and social fields to jointly build the “Belt and Road” initiative. In the new period, China and Bangladesh should strengthen political communication, promote the docking of China-Bangladesh development strategies, strengthen facility connectivity and industrial cooperation, promote cultural exchanges, promote the upgrading of cooperation between the two countries, and jointly build a high-quality “Belt and Road” initiative.