Expert fathoms Zambia’s manufacturing sector’s vast potentiality for China-alliance
- Country:
- Zambia
The manufacturing sector in Zambia has a vast potential for further cooperation with China.
Chinese enterprises are highly preferring Zambia while considering its potential in varied fields. The enterprises based in China’s varied cities could establish manufacturing plants in the South African country to help its enhance economic growth, Fred Musonda, president of the Chingola Chamber of Commerce and Industry opined.
In an interview with Xinhua, Musonda commented that as China celebrates 70 years since the founding of the People’s Republic of China and 55 years of cooperation with Zambia this year, exploring the vast potential of Zambia’s manufacturing sector should anchor the relationship.
Acknowledging that China has been a strategic partner for Zambia in the development of various economic sectors, the official said that exploring the manufacturing industry will go along in value addition to the southern African nation's raw materials, a move which will steer economic growth and job creation. Zambia has abundant natural resources that require value addition, which could be achieved through the establishment of manufacturing plants, he said.
According to him, Zambian enterprises have learned from participating in business fairs in China, such as the Canton Fair held last year, he said, urging local enterprises to emulate the work culture of Chinese businesses in order to achieve the much-needed development. The official said Zambian enterprises should take advantage of various trade fairs held in China each year in order to learn from China's economic culture.
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- Zambia
- China
- Zambia China
- Fred Musonda
- People’s Republic of China
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