2018年CRI Largest Chinese delegation in Zimbabwe to explore cooperation opportunities

A high-powered delegation 1 from Zhejiang Province is in Zimbabwe, exploring development opportunities and further enhancing China-Zimbabwe cooperation.

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The delegation is led by Che Jun, secretary of Zhejiang Provincial 2 Committee of the Communist Party of China.

It consists of a number of local government officials as well as business representatives from over 50 enterprises.

Addressing the Zimbabwe-China Business Forum 3, Zimbabwean President Emmerson Mnangagwa says the delegation from Zhejiang Province is the largest Chinese delegation the country has received since independence.

Mnangagwa is asking local businesses to capitalize on the occasion and seek development opportunities with their Chinese partners:

"I therefore urges local investors 4 to seek strategic economic cooperation and partnerships 5 with their Chinese counterparts for mutual 6 benefit as we seek to reap strong economic development and industrialization of our country. You, my compatriots from Zimbabwe, you never never have found such a comprehensive business delegation put together in one room. Do not complain tomorrow if you miss this opportunity. "

The Zhejiang delegation's trip to Zimbabwe follows Mnangagwa's visit to China in April, during which he also made a stop in Zhejiang.

Mnangagwa says experiences have been drawn 7 from that visit to help develop Zimbabwe:

"To enhance our business operating environment, the establishment of Zimbabwe Investment and Development Authority is currently underway which will be the one-stop center for investment and facilitation and promotion 8 as I saw in your province."

Mnangagwa has once again reaffirmed his administration's commitment to openness:

"Investors are assured of a clear, consistent, coherent and friendly business policies for win-win outcomes under my dispensation. I assure you that if any one of your business colleagues here finds any door where investment to Zimbabwe closed, tell me, I'll open it in seconds."

Che Jun says Zhejiang is keen to inject investment in Zimbabwe and enable it to fully 9 participate in the Belt and Road Initiative.

"Our visit aims to carry out the Belt and Road Initiative proposed by Chinese President Xi Jinping and implement 10 some specific agreements the two heads of states reached this April. The visit will help to further enhance the cooperation between China and African countries, especially between China and Zimbabwe."

The two sides have signed a number of agreements and MOUs covering infrastructure 11, economy, technology, education and culture.

Among the outcomes is a 1-billion-U.S.-dollar deal for establishing a steel plant that can produce up to 2 million tonnes of steel annually 12.

Stats show that Zhejiang's trade with Zimbabwe stood at 160 million U.S. dollars in 2017, accounting 13 for 12 percent of China's total trade with Zimbabwe.