Latest news with #ChinaInternationalImportExpo
IOL News
8 hours ago
- Business
- IOL News
Exploring the South Africa-China Partnership: Insights from the Chinese Consul General
Ayanda Mdluli is the editor of the Daily News. This week, the Daily News had the privilege of delving into an enlightening conversation with Li Zhigong, the Chinese consul-general in Durban, who showcased the extensive prospects that lie in the partnership between South Africa and China. This alliance, underpinned by strategic economic collaboration and cultural exchange, continues to flourish even in the wake of global uncertainty. Li highlighted pressing global issues impacting economic relations, particularly the ongoing tariff war with the United States. He spoke to us about initiatives designed to fortify trade and investment ties between China and South Africa, as well as advancements in education and mutual cultural exchange. As tensions escalate in international relations, particularly between the US and China, the consul-general emphasised that the tariff war extends beyond these two countries, affecting global economic landscapes. 'This is not merely a conflict between China and the USA; it is a concern for the entire world,' he said. This, in my view underscores the significance of collaboration in navigating such challenges. One of the pivotal themes of the discussion centred around energy investments. Li detailed China's commitment to enhancing South Africa's energy sector, revealing plans for new energy projects focused on wind and solar power scheduled for implementation in 2023 and 2024. 'These initiatives will greatly assist South Africa in improving its energy conditions, ultimately benefitting its people,' he explained. Such investments not only address immediate energy needs but also represent a long-term commitment to sustainable development. The consul-general is actively fostering bilateral trade and investment initiatives that bridge South African businesses with the lucrative Chinese markets. Initiatives include facilitating business delegations and organising matchmaking events, alongside supporting significant trade expos. He emphasised with the following comment: 'We assist KwaZulu-Natal businesses in entering the Chinese market while encouraging Chinese enterprises to invest in vital sectors such as mining, logistics, energy, and manufacturing, "Now more than ever, there is a pressing need to bridge the gap, and bring Chinese investors into our communities, especially our township and rural communities. There are already a number of noteworthy Chinese companies operating in South Africa and with more of them going into our communities, it would mutually ensure economic enhancement. The Chinese market is also a vast one, and South African businesses keen on accessing this massive market can leverage bilateral trade agreements and participate in major expos like the China International Import Expo, which has warmly welcomed South African products such as wine, avocados, and soybeans. The consul-general highlighted that provinces like Guangdong and Fujian regularly host trade fairs that provide excellent platforms for cooperation. 'With opportunities in sectors such as the digital economy, green energy, and advanced manufacturing, a growing and diversified market awaits South African companies,' he said. Beyond trade, cultural exchange is another cornerstone that will truly bridge the gap between China and South Africa. The consulate promotes an understanding of Chinese culture through festivals, exhibitions, and language programs. Notable events include celebrations for the Chinese New Year and Mid-Autumn Festival, alongside calligraphy workshops and traditional dance performances. Describing the current diplomatic landscape, Li stated that China and South Africa share a robust strategic cooperative partnership where both nations have prioritised collaboration in critical areas such as infrastructure, renewable energy, and education. As geopolitical dynamics shift, China is committed to strengthening ties with developing nations and remains passionate about the Global South in fostering a mutual atmosphere of growth and cooperation. *Ayanda Mdluli is the Daily News' editor DAILY NEWS
IOL News
2 days ago
- Business
- IOL News
China and South Africa deepen economic cooperation through trade initiatives
Strengthening ties: China and South Africa enhance cooperation through trade and investment Strengthening ties: China and South Africa enhance cooperation through trade and investment With China increasing its engagement in Africa, collaboration between China and South Africa is continuing to transforming trade, investment, and economic cooperation for both nations. This week, the Daily News was granted an exclusive insight from the Chinese Consul General in Durban Li Zhigong who shed light on vast opportunities waiting to be tapped into between both nation nations. In the interview with Zhigong, praised the the burgeoning partnership between China and South Africa. The Consulate General highlighted that he was taking firm steps to promote bilateral trade and investment, especially within KwaZulu-Natal, an area rapidly gaining recognition as a gateway for Chinese investment into the region. By facilitating business delegations, organising matchmaking events, and supporting trade expos, the consulate plays a pivotal role in creating fertile ground for both South African and Chinese businesses. Zhigong highlighted that major Chinese companies, including YOA Cabel, ZPMC, and NPC, have already made significant investments in the province. Their contributions not only boost the local economy but also forge deeper economic ties between China and South Africa. For South African businesses eager to tap into the vast Chinese market, the Consul General underscored the importance of leveraging existing bilateral trade agreements. He pointed out that events like the China International Import Expo (CIE) act as vital platforms for showcasing South African products, particularly wine, which has found a warm reception among Chinese consumers. Additionally, the recent opening of the Chinese market to South African avocados and soybeans marks a significant opportunity for producers in the region. Zhigong emphasised that provinces such as Guangdong, Fujian, and Guangxi—which are sister provinces to KwaZulu-Natal—regularly host trade fairs that encourage economic collaboration. He added that prospects in sectors like the digital economy, green energy, and advanced manufacturing continue to increment the appeal of the Chinese market for South African enterprises. These industries not only promise growth but also offer a diverse array of opportunities for collaboration. "Provinces like Guangdong, Fujian, and Guangxi—KwaZulu Natal's sister provinces—regularly host trade fairs and economic forums that provide platforms for cooperation. For example, the China- ASEAN Expo in Guangxi also highlights African participation. With opportunities in digital economy, green energy, and advanced manufacturing, China offers South African companies a growing and diversified market," he explained. In conclusion, the Belt and Road Initiative (BRI) has also emerged as a cornerstone in the framework of this evolving relationship. Zhigong detailed how the BRI enhances economic ties by promoting essential infrastructure development and facilitating trade, as well as encouraging people-to-people connectivity. In addition, various logistics and energy projects aligned with the BRI are already making a tangible difference in South Africa, integrating with the country's national development goals and promoting sustainable cooperation that benefits both nations, he explained.
Korea Herald
23-05-2025
- Business
- Korea Herald
China's Open Door Amplified: the Upcoming Eighth CIIE Cements Role as Global Business Gateway
SHANGHAI, May 21, 2025 /PRNewswire/ -- Despite an increasingly unpredictable global landscape, the eighth China International Import Expo (CIIE) is taking shape with remarkable momentum as it prepares to open in Shanghai this November. As a unique gateway to China's 1.4 billion-consumer market, the CIIE has already attracted around 800 companies from more than 70 countries and regions. Exhibition Scale & Continuity The first batch of over 300 exhibitors has been officially announced, with more than 100 companies having engaged in every edition since the inaugural CIIE. Currently, an exhibition area of over 250,000 square meters has been booked for this year's CIIE, and more buyers along the industrial chains, including small and medium-sized enterprises (SMEs), will be encouraged to participate. Sector-Specific Synergy A dedicated business matchmaking session for the food and agricultural sectors on April 18 demonstrated CIIE's operational effectiveness. 41 international exhibitors—including Dole, Goodfarmer, and Theland—who engaged in business talks with over 150 Chinese buyers such as Sinopec Shanghai Easy Joy, Bailian Group, and Eastern Airlines Food Co. Global Endorsements International policymakers continue to recognize the CIIE's value. Malaysia's Minister of Transport, Anthony Loke, highlighted the CIIE's strategic importance as an important gateway for Malaysian businesses, especially SMEs, to gain new impetus and fruitful results through deepened cooperation. Echoing this sentiment, State Secretary of the Ministry of Trade, Industry and Fisheries of Norway, Janicke Andreassen Hirstad, recognized the CIIE's effectiveness in connecting Norwegian companies in agriculture, shipping, and maritime sectors with Chinese consumer demand. Intellectual Engagement Held alongside the CIIE, the eighth Hongqiao International Economic Forum (HQF) is finalizing its agenda, with guest invitations progressing steadily. The eighth HQF will align closely with current global economic dynamics, focusing on key topics such as multilateral trade governance, digital empowerment, green development, new quality productive forces, institutional openness, Global South cooperation, and inclusive development, reinforcing its role as a high-level dialogue platform. As the upcoming China–Central Asia Summit highlights the growing momentum for regional and global cooperation, the eighth CIIE and HQF present a valuable platform for international enterprises to integrate into China's market and explore new opportunities in Chinese dynamic economy. Don't miss the chance to be part of these significant global events—visit
Business Wire
23-05-2025
- Business
- Business Wire
China's Open Door Amplified: The Upcoming Eighth CIIE Cements Role as Global Business Gateway
BUSINESS WIRE)--Despite an increasingly unpredictable global landscape, the eighth China International Import Expo (CIIE) is taking shape with remarkable momentum as it prepares to open in Shanghai this November. As a unique gateway to China's 1.4 billion-consumer market, the CIIE has already attracted around 800 companies from more than 70 countries and regions. Exhibition Scale & Continuity The first batch of over 300 exhibitors has been officially announced, with more than 100 companies having engaged in every edition since the inaugural CIIE. Currently, an exhibition area of over 250,000 square meters has been booked for this year's CIIE, and more buyers along the industrial chains, including small and medium-sized enterprises (SMEs), will be encouraged to participate. Sector-Specific Synergy A dedicated business matchmaking session for the food and agricultural sectors on April 18 demonstrated CIIE's operational effectiveness. 41 international exhibitors—including Dole, Goodfarmer, and Theland—who engaged in business talks with over 150 Chinese buyers such as Sinopec Shanghai Easy Joy, Bailian Group, and Eastern Airlines Food Co. Global Endorsements International policymakers continue to recognize the CIIE's value. Malaysia's Minister of Transport, Anthony Loke, highlighted the CIIE's strategic importance as an important gateway for Malaysian businesses, especially SMEs, to gain new impetus and fruitful results through deepened cooperation. Echoing this sentiment, State Secretary of the Ministry of Trade, Industry and Fisheries of Norway, Janicke Andreassen Hirstad, recognized the CIIE's effectiveness in connecting Norwegian companies in agriculture, shipping, and maritime sectors with Chinese consumer demand. Intellectual Engagement Held alongside the CIIE, the eighth Hongqiao International Economic Forum (HQF) is finalizing its agenda, with guest invitations progressing steadily. The eighth HQF will align closely with current global economic dynamics, focusing on key topics such as multilateral trade governance, digital empowerment, green development, new quality productive forces, institutional openness, Global South cooperation, and inclusive development, reinforcing its role as a high-level dialogue platform. As the upcoming China–Central Asia Summit highlights the growing momentum for regional and global cooperation, the eighth CIIE and HQF present a valuable platform for international enterprises to integrate into China's market and explore new opportunities in Chinese dynamic economy. Don't miss the chance to be part of these significant global events—visit for the latest updates and participation details.
Yahoo
23-05-2025
- Business
- Yahoo
China's Open Door Amplified: The Upcoming Eighth CIIE Cements Role as Global Business Gateway
SHANGHAI, May 23, 2025--(BUSINESS WIRE)--Despite an increasingly unpredictable global landscape, the eighth China International Import Expo (CIIE) is taking shape with remarkable momentum as it prepares to open in Shanghai this November. As a unique gateway to China's 1.4 billion-consumer market, the CIIE has already attracted around 800 companies from more than 70 countries and regions. Exhibition Scale & Continuity The first batch of over 300 exhibitors has been officially announced, with more than 100 companies having engaged in every edition since the inaugural CIIE. Currently, an exhibition area of over 250,000 square meters has been booked for this year's CIIE, and more buyers along the industrial chains, including small and medium-sized enterprises (SMEs), will be encouraged to participate. Sector-Specific Synergy A dedicated business matchmaking session for the food and agricultural sectors on April 18 demonstrated CIIE's operational effectiveness. 41 international exhibitors—including Dole, Goodfarmer, and Theland—who engaged in business talks with over 150 Chinese buyers such as Sinopec Shanghai Easy Joy, Bailian Group, and Eastern Airlines Food Co. Global Endorsements International policymakers continue to recognize the CIIE's value. Malaysia's Minister of Transport, Anthony Loke, highlighted the CIIE's strategic importance as an important gateway for Malaysian businesses, especially SMEs, to gain new impetus and fruitful results through deepened cooperation. Echoing this sentiment, State Secretary of the Ministry of Trade, Industry and Fisheries of Norway, Janicke Andreassen Hirstad, recognized the CIIE's effectiveness in connecting Norwegian companies in agriculture, shipping, and maritime sectors with Chinese consumer demand. Intellectual Engagement Held alongside the CIIE, the eighth Hongqiao International Economic Forum (HQF) is finalizing its agenda, with guest invitations progressing steadily. The eighth HQF will align closely with current global economic dynamics, focusing on key topics such as multilateral trade governance, digital empowerment, green development, new quality productive forces, institutional openness, Global South cooperation, and inclusive development, reinforcing its role as a high-level dialogue platform. As the upcoming China–Central Asia Summit highlights the growing momentum for regional and global cooperation, the eighth CIIE and HQF present a valuable platform for international enterprises to integrate into China's market and explore new opportunities in Chinese dynamic economy. Don't miss the chance to be part of these significant global events—visit for the latest updates and participation details. View source version on Contacts CUI Yan, cuiyan@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
