trade protectionism

Enterprises from China’s Jilin province on Monday launched a chamber in Zambia aimed at promoting trade and investment between the province and the southern African nation.

The Jilin Chamber of Commerce in Zambia was launched in Lusaka, the country’s capital and attended by officials from the Chinese Embassy, Zambian government and a delegation from the Jilin province.

It will complement efforts of the Zambia Jilin Association in serving the interests of not only enterprises from Jilin province operating in Zambia but the Chinese interest in general.

“The Jilin Chamber of Commerce in Zambia will try to explore a path suitable for Jilin enterprises in the benign development of Zambia,” Yao Yunwu, Chairman of the Jilin Chamber of Commerce in Zambia said.

He added that the chamber will also cooperate with other business associations in Zambia for the healthy development of relations between the two countries.

It has also been established to serve the business activities of enterprises from Jilin operating in Zambia.

According to him, there were currently more than 200 Chinese citizens from Jilin province, with more than 40 enterprises engaged in various economies of the southern African nation.

Chen Shijie, Political Counselor from the Chinese Embassy urged the chamber to actively explore the Zambian market and play an active role in facilitating the economic and trade cooperation between Zambia and China.

Margaret Mwanakatwe, Zambia’s Minister of Commerce, Trade and Industry welcomed the launch of the Jilin chamber and hoped it will add impetus to the promotion of trade and investment not only with the Chinese province but China as a whole.

According to her, the launch of the chamber underlines the excellent bilateral relations that exist between the two countries.

“In this regard, we expect that more investors from China and Jilin province in particular, will locate their bases and establish factories in Zambia and at the same time, introduce Zambian products on the Chinese market,” she said.

She expressed optimism that the initiative will deepen the economic, cultural and technology exchanges between Zambia and China and also promote local employment. Enditem

Source: Xinhua/NewsGhana.com.gh