Online Reporter
Kuda Bwititi in Shanghai
Zimbabwe is participating at the China International Import Expo (CIIE), which opened in Shanghai today, thereby signaling a determined push to attract foreign capital and forge strategic partnerships that are essential for economic growth.
Fifteen companies are exhibiting at the CIIE, while another business delegation and several senior Government officials are also in attendance.
In an interview, ZimTrade client advisor for export development, Mr Kupakwashe Midzi said the Zimbabwean Exhibition Pavilion has been oversubscribed.
“In addition to the fifteen companies, we have more businesses that could not secure space but have shown interest in participating at the CIIE.
“China is a very promising market. It opens up a lot of opportunities; we are looking at all sectors of the economy, including manufacturing, agriculture, mining, value addition, and much more.
“We are seeking business opportunities with buyers and engagements with investors,” he said.
On Thursday, a business forum facilitated by the Zimbabwean Embassy in China and ZimTrade will be held in Shanghai, with several investors expected to participate.
Mashonaland East Minister of State for Provincial Affairs and Devolution, Cde Itayi Ndudzo is scheduled to be the keynote speaker at the business forum.
Other Ministers of Provincial Affairs and Devolution, Cde Owen Ncube (Midlands) and Cde Christian Magomo (Mashonaland Central), will also attend.
In his opening remarks at the expo, China’s Premier Li Qiang said the CIIE serves as a gateway to China’s economy and a bridge to the world.
He said China’s economy is expected to grow to over 170 trillion yuan by 2030, adding that the Asian giant does not seek unilateral gains but has opened up its economy for the greater good of the international community.
The eighth CIIE, which runs until November 10, is featuring 4 108 overseas exhibitors from 155 countries.
