The
Project Manager, Brightway International Exhibition Ltd, Mr. David
Zhao, has said that the trade volume between Nigeria and China has
increased by 18.6 percent with a total of 6.2 billion dollars in the
first half of 2013 as against the 4.5 billion dollars in the
corresponding period of 2012.
Zhao, who is coordinating companies
for the Chinese exhibitors at the ongoing Lagos International Trade
Fair, disclosed this to newsmen in Lagos.
He said that Nigeria is China’s second largest export market, in the world.
According
to him, the complementary relationship between the economies of both
countries had created cooperation that facilitated the boost in the
trade volume.
Zhao said that Nigeria’s rapid economic growth has
engendered considerable influence in Africa, adding that the bilateral
agreements signed by Nigeria and China have led to a smooth and steady
development in trade, agriculture, infrastructure construction and
telecommunication in Nigeria.
“Many Chinese companies have been doing business in Nigeria in the last decade,” he said.
He
also noted that about 200 exhibitors were at the China Pavilion at the
trade fair arena to showcase their products to prospective customers.
The
China pavilion, according to him, had won several awards from the Lagos
Chamber of Commerce and Industry (LCCI) and the organisers of the
Trade Fair, since 2008.
“ The China pavilion has been the biggest international hall and has enjoyed a good reputation in the last five years.”
“LCCI granted us the award of Largest Foreign Exhibitor, Best Foreign
Country Participant and Best Participating Country for five years in a
row,” he said.
Zhao further assured participants of cost-effective
products ranging from machinery and vehicles, building materials, hard
wares to household commodities.
Culled from The Punch
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