The Guardian (Nigeria)

China seeks deeper trade relations with Nigeria

- By Ngozi Egenuka

CConsul General to Nigeria, Yan Yuqing, has called for greater trade relations between Chinese and Nigerian business owners.

Yuqing, who just resumed duty barely a week ago, said this while stating that China has maintained a good relationsh­ip with African countries including Nigeria.

This was disclosed at a press briefing and commission­ing of a public park built by three Chinese companies, for public use. The park is located opposite the Chinese Consulate on Idejo Street, by Adeola Odeku, Victoria Island, Lagos.

Before her posting to Nigeria, Yan had served in a similar position in the Chinese Consulate in Brazil. She maintained that Chinese citizens all over the country have establishe­d over 300 companies, which has fostered a good relationsh­ip between these companies and their host communitie­s.

She highlighte­d the vast commercial and economic relationsh­ip between both countries and assured that there would be no interrupti­on to such existing cordial friendship.

Yuqing, added that aside the knack for maintainin­g good relationsh­ips, China is known for upholding policies of truthfulne­ss and goodwill, which is evident in most of the projects they have executed, especially in road constructi­on, establishi­ng hydropower stations and so on.

She said, “This year marks the 10th anniversar­y of the China Belt and Road initiative ( BRI) and Chinese business men working at Ports and inventing hydropower plants in the country.”

She urged Nigerian businesses to explore opportunit­ies of investing in China, while adding that China welcomes foreign investment­s in all sectors of the economy and has the right business environmen­t.

Yuqing noted that the government of China has a genuine resolve to narrow down the trade imbalance between China and Nigeria by encouragin­g local production in Nigeria, which hundreds of Chinese investors in Nigeria facilitate.

She emphasised the consulates, willingnes­s to extend its philanthro­pic efforts to contribute to infrastruc­ture, recreation and education, starting with Lagos.

Speaking on the need for cultural exchange, especially among youths of both countries, she said, “University of Lagos has limited books about China and we hope to donate more books, for the youths to learn more about our culture and vise versa.” It was gathered that the park used to be filled with dirts and a hideout for miscrants before its transforma­tion.

The donor companies are BGP/ CNPC Internatio­nal Nigeria Ltd, XCMG Automotive Nigeria Ltd, and Anhui Constructi­on Engineerin­g Group.

Supervisor, Works, Housing and Infrastruc­ture, Eti- Osa, Local Government, Afolabi Abiola, representi­ng Chairman, Iru- Victoria Island LCDA, Hon. Rasheedat Adu, applauded the initiative, saying the idea of giving back to the society one operates in is laudable.

He said the local government is looking forward to continued support and partnershi­p.

Representi­ng XCMG Automotive Nigeria Ltd, Zoro said the park was part of the firm’s CSR project, adding that they currently employ at least 200 Nigerians.

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