Published On: Mon, Mar 12th, 2018

China Int’l Import Expo ‘ll boost bilateral trade with Nigeria -Counselor

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L-R: Economic and Commercial Counselor of Embassy of the People’s Republic of China to Nigeria, Mr. Zhao Linxiang and Second Secretary in the Economic and Commercial Counselor’s Office, Dr. Luke Liu during the event.

By Ochiaka Ugwu

The first China international import exposition that is slated to hold from November 5 to 10 2018 will boost bilateral trade relations with Nigeria and expose its business man to Chinese market, the Economic and Commercial Counselor of Embassy of the People’s Republic of China to Nigeria, Mr. Zhao Linxiang has said.
Mr. Zhao made this known in Abuja Friday while addressing the press on the programs and prospects of the import exposition saying that it will enhance balance of trade between the two countries.
He said that Nigeria’s large population, vast land and abundant natural resources like China gave it a complimentary advantage.
His words, “Nigeria is the largest economy in Africa with vast lands and abundant natural resources. It is also the most populated country in the continent whose almost 200 million people are exploring their potential vigorously. As big developing countries, China and Nigeria have complimentary advantages in many sections, which offer great potential for cooperation. For years, Nigeria has continued to be China’s third largest trading partner in Africa.
“It is believed that this upcoming China International Import Expo will breathe new life into the bilateral trade cooperation and create the biggest opportunity to enhance the bilateral trade position into new level. It is also believed that this upcoming China International Import Expo will give Nigerian people and business men a great platform to show what Nigeria looks like to China and the rest of the world” he said.
Zhao noted that National Trade Investment Comprehensive Exhibition and Corporate Business Exhibition will be held at the Expo and the pavilion for Trade and Investment, relevant countries will demonstrate their development in trade investment, including goods trade, service trade, industrial conditions, investment and tourism.
He said the Expo is held to implement China’s stand to support economic globalization as expressed by President Xi Jinping.
“It is rarely the case in the world that a developing country like China chooses to hold an import-themed Expo. The expo will not only provide new opportunities for countries around the world to expand export to China, but also create a platform for countries to engage in international trade and share business opportunities with each other. It represents China’s sincere wish to open its market to the world, and shows China’s active role as a major power in undertaking the responsibility of pushing forward economic globalization”.
Speaking also, the Second Secretary in the Economic and Commercial Counselor’s Office, Dr. Luke Liu said the time is now for Africa and their business community to enhance their potentials by using the opportunity to penetrate the Chinese market which has a population of almost 1.4 billion people.
He said that 40 years ago, China was not better but “Opening and Reforming” has made it great today. Liu urged African businessmen to tap into the Expo arrangement.

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