Frist Ever Zambia-China Trade Summit

LUSAKA, Sept. 21 (Xinhua) — Zambia and China will convene the first-ever trade and investment summit in an effort to unleash the trade and investment potential between the two nations, the two countries announced on Wednesday.

The Trade and Investment Forum will be place in Lusaka, the capital of Zambia, from September 28 to September 29 with the subject “China-Zambia investment in the new era, all-weather, all-diversion, and quality friendship.”

The forum, which will be co-hosted by the Chinese Embassy in Zambia and the Zambian Ministry of Commerce, Trade, and Industry, is co-sponsored by Zambia’s investment agency, the Zambia Development Agency (ZDA), China Non-Ferrous Metal Mining (Group) Co., Ltd., and the Chinese Chamber of Commerce, and has already attracted nearly 200 Chinese enterprises.

During a press meeting to announce the forum’s holding, the Chinese ambassador to Zambia, Du Xiaohui, informed journalists that ten Chinese Fortune 500 companies have been invited to participate.

The forum will feature a high-level opening ceremony, five parallel forum sessions, panel discussions, business-to-government meetings, business-to-business meetings, and enterprise exhibitions, according to Du, who added that the five parallel forums will be held under different themes and will serve as ideal platforms for discussing China-Zambia practical cooperation.

The two parties will also sign three memorandums of understanding for large-scale investment cooperation, digital economy investments, and investment and economic working group treatment.

According to him, the telephone conversation between the leaders of the two nations at the beginning of this year offered political preparation and policy directions for the conference.

““The core essence of the forum is to implement the outcome of the two presidents’ phone conversation and advance China-Zambia relations standing through practical economic cooperation,” he said..

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