President Lungu has hailed China for its support towards the country’s  economic development.

President Lungu says China has rendered unwavering financial support in various social-economic sectors such as health, agriculture, tourism and trade among others which are all aimed at improving lives of the masses.

Mr. Lungu since called on China to continue investing in the different sectors of the economy as this will contribute towards the needed job creation in the country.

The Republican President  has assured the vast Asian country that Zambia will continue to provide an enabling environment for the investments to flourish as government and its people holds China in high esteem.

The President said when the Visiting Chinese Councilor Wang Yong paid a courtesy call on him at State House.

President Lungu further said the various projects being undertaken between that country and Zambia such as the expansion of Levy Mwanawasa hospital will help to cement the warm relations between the two countries.

And Visiting Chinese State Councilor Wang Yong, said China remains committed towards uplifting the bilateral relations with Zambia to greater heights.

Mr. Yong commended Zambia towards the positive strides it has made towards maintaining peace and stability.

President Lungu and Mr. Yong also witnessed the signing of economic grants which were signed by Finance Minister Felix Mutati and Chinese Ambassador to Zambia Young Yuming  respectively signed various grants.

The first economic grant was a 200 million yuan for the expansion of bed space at Levy Mwanawasa Hospital which will see it being turned into a teaching hospital and the establishment of milling plants in Lusaka, Monze and Mpika Districts, respectively.

The second grant was a 2017 economic grant worth 250 million Yuan towards the  construction of an International Conference Centre for  hosting of the African Union Summit to be held in 2022 and the establishment of milling plants.

The third document signed was a letter of intent towards construction of the Conference  Centre.

 

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12 COMMENTS

  1. Thank you Sir for your good gesture towards our development counterparts. You speak on our behalf as a united zambia.

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    • One of the negative aspects of China’s increasing engagement with African states is the spread of small arms and/or light weapons especially in conflict zones and were opposition is violently suppressed…………..

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    • But why did Kampyongo arrest those Chinese in copper belt? But later state house commanded for realise.
      Parliament need to hear that PF scandal. A ransom must have been paid.

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    • Visionless Lungu is really trying so hard to “save” his invaluable face after China ORDERED the violent PF regime to release all the 31 arrested Chinese by his brutal bandits~PFolice.
      Lungu has to bootlick China, otherwise it will be kiss goodbye to kaloba or debt.
      How come PF bandits didn’t cry out about sovereignty over the apparent Chinese interference in the internal combustion of Zambia’s discredited justice~injustice~system over the arrested 31 chochoz?
      Lungu knows that PF has messed up really terribly & now chochoz won’t give PF bandits more kaloba.
      Anyway how much is mealie meal are Lungu?
      The Skeleton Key
      ~206~

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  2. But we observed that our great leader went into Fish farming and Mr. Amos Chanda also ventured into Fish farming suddenly the nation borrowed $50 million for Fish farming. I’m just wondering how many Fish farmers will benefit from the loan?

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  3. Is this because of the jailed Chinese nationals….what was that he said about donors interfering in local affairs?

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  4. Look at this shameless Bootlicker Lazy Lungu kissing the masters feet after that jailing of Chines debacle…he is now rolling on the floor like a naughty dog that has just eaten one of the chickens in the Poultry yard.
    We are slaves as we have leaders with slave mentality!!

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  5. Such hypocrisy will not work. After arresting 50 Chinese illegal miners in Chingola on filmsy grounds the Chinese govt will never trust Lungu’s illegitimate govt.So no Chinese Financial Assistance to the illegitimate Lungu govt.The Western govts have seen thru Lungu’s dictatorship and will not grant Lungu’s govt new loans are grants. So Lungu and Mutati should budget for isolation and Economic Sanctions from the West. Lungu’s economic illiterate Advisers will soon realise this when they see the Zambian Economy in a free fall just like what happened to the Zimbabwe Economy under Mugabe. Wait and see!

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  6. just a week or so ago the man was talking about financial independence to curb outside interference,already the chinese have been released and he is praising the chinese,by the time lungu is done zambia will belong to him and his kids,foreigners and his minions praising him day in and out.

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