China, Kenya explore more cooperation avenues as third expo kicks off
Source:China Daily 2019-12-03
Wang Xiaoguang, head of Chinese Exhibition Delegation, speaks at the opening ceremony of the third China-Kenya Industrial Capacity Cooperation Exposition on Nov 26, 2019. [Photo by Tang Ying/chinadaily.com.cn]
The third China-Kenya Industrial Capacity Cooperation Exposition kicked off on Tuesday with social responsibility exhibition and job creation as the highlights.
The four-day expo, which is being held at the Kenyatta International Convention Center in Nairobi, is expected to attract hundreds of people from the region and is aimed at providing opportunities for business benchmarking, networking and enabling Chinese companies to find investment opportunities in Kenya.
At least 83 enterprises from China, including Chinese-invested companies based in Kenya, are participating in the annual event. It is sponsored by the China Council for the Promotion of International Trade and China Africa Development Fund in collaboration with Kenya's Ministry of Industry, Trade and Cooperatives, Kenya Investment Authority, Kenya National Chamber of Commerce and the Kenya Private Sector Association.
Irene Nyong'a, a senior staff member at the Kenya's Ministry of Industry, Trade & Cooperatives, reads a speech at the opening ceremony of the third China-Kenya Industrial Capacity Cooperation Exposition on Nov 26, 2019. [Photo by Tang Ying/chinadaily.com.cn]
With investors drawn from various sectors, including infrastructure, energy, machinery and equipment, agricultural processing, and information and communication technology, as well as transportation and logistics, this year's exhibition includes a special focus on job creation and a showcase of Chinese enterprises' social responsibility activities.
At the opening ceremony, Guo Ce, the economic and commercial counselor of the Chinese embassy in Kenya, said, "The social responsibilities exhibition by Chinese enterprises in Kenya has demonstrated the great achievements they have made in promoting local technological progress, production development and employment."
Chinese and Kenyan officials listen to an exhibitor at a booth during the opening ceremony of the third China-Kenya Industrial Capacity Cooperation Exposition in Nairobi, Kenya on Nov 26, 2019. [Photo by Tang Ying/chinadaily.com.cn]
In his remarks, Wang Xiaoguang, the head of the Chinese Exhibition Delegation, noted the important role that trade relations between Kenya and China have played in creating employment.
"China's imports of non-resource products from Africa have increased significantly. More African products have entered China's market through the China International Import Expo and other platforms. The growth of bilateral trade between China and Africa has brought more employment opportunities and leapfrogged technological progress to Africa," Wang said.
A report by McKinsey on China-Africa said that there are more than 10,000 Chinese enterprises operating in Africa, creating millions of job opportunities and spending more than $75 million in building community roads, water infrastructure, supporting education and improving living conditions of local residents.
While highlighting the strategic importance of Kenya as a participant of the Belt and Road Initiative and the gateway for Chinese enterprises into Africa, Irene Nyong'a, a senior staff member at the Kenya's Ministry of Industry, Trade & Cooperatives, reiterated the importance of the China-Kenya Expo in implementing the achievements of the 2018 FOCAC Summit, and promoting economic cooperation between China and Kenya, as well as building a bridge of connectivity between China and Africa.
"We thank the organizers for including a China-Kenya job fair that will provide a platform for Kenyan youth to interact with potential employers and will provide business matchmaking sessions on infrastructure, agriculture and agro-processing, ICT, transportation and the automobile, as well as machinery," Nyong'a said.
The China-Africa expo has been held annually since 2017 in Kenya, Uganda and Ethiopia, with more than 200 Chinese taking part. The organizers say plans are underway to include Rwanda in the 2020 series.