Governments say it is important for Zambia to trade with China as it is among the major growing economies in the world.
Commerce, trade and industry Permanent Secretary bulleti Nsemukila says China is a very powerful growing economy which creates a very conducive environment for Zambia to trade.
Mr Nsemukila said this today in China after he toured the Zambian stand at the on going 2010 Shanghai Expo in China, under the theme “Better City -Better Life.”
He said the Shanghai Expo has presented a brilliant environment for promoting investment in Zambia.
“Zambia is participating in the expo to showcase some of the things we need to showcase to create that niche within their kind of expectations, what kind of products they would get from Zambia and create a market for that” he explained.
He noted that the theme for the Expo ‘Better City -Better life’, creates an environment were Zambia is trying to integrate culture, tourism and natural resources in terms of were we want to live.
[pullquote]”Zambia is participating in the expo to showcase some of the things we need to showcase to create that niche within their kind of expectations, what kind of products they would get from Zambia and create a market for that” he explained.[/pullquote]
“The theme Better city-Better Life” gives us a view of how we would like to see Zambia, the Zambian Government has put in a lot of effort to improve the infrastructure, so that we create an environment were we make it a better city” Mr. Nsemukila said.
And Zambia Development Agency Director Investment Promotion Muhabi Lungu said Zambian companies that have participated in the expo have had a good trade in curios and other products from Zambia.
Mr Lungu explained that an investment forum will be held on Saturday October 23 to show case the investment incentives available in Zambia.
He said the forum which will officially be opened by the Vice President has attracted 80 Chinese companies and 20 Zambian companies and is aimed at linking companies together so that they can explore business opportunities.
Mr Lungu also explained that the Shanghai expo has also managed to link up a Chinese company interested in cobalt in Zambia and several other missions.
The Shanghai 2010 Expo which opened in May is being held on the banks of the Huanpu River in the city of Shanghai, China.
The theme “Better City-Better life” signifies Shanghai’s new status in the 21st century as the “next great world city.”
The 2010 Shanghai expo has attracted over 242 countries and international organizations. The scale of this event has been the largest in the history of expos.
The main theme for the expo is Better city- Better life”, the five sub themes are, blending of diverse cultures in the city, economic prosperity in the city, innovation of science and technology in the city and rural urban interaction.
The expo’s main mission is to offer a platform for global dialogue and to show concrete ways to achieve a happier future urban life. In addition the expo will offer an opportunity for cross-culture dialogues.
Before the conclusion of the exposition on the 31st of October, a “Shanghai Declaration ‘ will be issued, this declaration hopefully a milestone in the future of the world expositions, will epitomise the insights to be offered by the participants and embody people’s ideas for future cooperation and development and extensive common aspirations.
[ ZANIS ]