south africa eyes chinese market for more exports
Last Updated : GMT 13:01:02
Arab Today, arab today
Arab Today, arab today

South Africa eyes Chinese market for more exports

Arab Today, arab today

Arab Today, arab today South Africa eyes Chinese market for more exports

Cape Town - XINHUA

The South African government said on Sunday that it will use a trade fair in China to export more products to the Asian country, as China is moving from being a leading exporter to a consumer and investor focused economy. For this purpose, a high-level delegation comprising 62 South African companies will attend the 17th annual China International Fair for Investment and Trade (CIFIT), taking place in China\'s Xiamen from Sept. 8 to 11, the Government Communication and Information System (GCIS) said. The CIFIT is China\'s international investment promotion event aimed at facilitating bilateral investment, showcasing not only the investment environments, investment policies, investment projects, but also attracting investment promotion agencies from various countries and regions. After CIFIT, the South African Expos in China will be held in Shanghai and Beijing from Sept. 11 to 13, according to the GCIS. The expos is an annual event aimed at executing South Africa\'s strategic objectives focusing on value-added products and investment projects. South Africa has been granted the status of the Country of Honor at the CIFIT this year, as part of the celebrations of 15 years of China-South Africa Diplomatic relations, according to SA Trade and Industry Minister Rob Davies, who is leading the SA delegation. Davies said 15 sectors from South Africa will take part in this year\'s South Africa-China Expos. \"Participating companies are in the sectors of agro-processing, chemicals, plastics, steel, aluminium, automotive, capital equipment and allied services, electro-technical, mining and beneficiation, renewable energy, infrastructure, oil and gas,\" Davies said in remarks distributed by the GCIS. Information Communication Technology (ICT) and transport will also get an opportunity to showcase their products at the trade fair, according to the minister. \"In addition, Chinese and South African companies will be encouraged to explore co-operation opportunities in infrastructure projects such as roads, railways, ports, power generation, airports and housing through a series of business to business meetings and investment seminars to be held during their visit to China,\" added Davies. According to Davies, South Africa\'s exports to China reached an all-time high in 2011, valued at 85 billion rand (about 8.5 billion U.S. dollars), displaying a 45-percent increase in South African exports from 2010. Although China is South Africa\'s major trading partner, the majority of trade still resides in the commodities sector, which does not reflect well on the manufacturing sector, the GCIS said. In order to address this, Davies stated that South Africa has prioritized top 10 value-added products for export to China.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south africa eyes chinese market for more exports south africa eyes chinese market for more exports

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south africa eyes chinese market for more exports south africa eyes chinese market for more exports

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday