The Zambia Development Agency (ZDA) in collaboration with the Ministry of Commerce, Trade and Industry (MCTI), participated at the 3rd China-Africa Economic and Trade Expo (CAETE) which was held in Changsha, China from 29th June to 2nd July 2023.
The main reason for Zambia’s participation was to maximize benefits from the huge market offered by China. It also provided an opportunity for Zambia to take advantage of the re-opening of the Chinese market which was closed for three years during the onslaught of the Covid-19 pandemic. Further, Zambia used the opportunity for business networking; tackling emerging issues and provision for youth inclusivity in business. The Zambian delegation included a contingent of about 15 Zambian businesses to help promote trade between the countries. Sectors among the participating Zambian companies included food processing, gemstones, plant agrichem and energy. The specific objectives for ZDA participation were as follows:
- To showcase Zambia’s products and services In China and other African countries;
- To increase Zambia’s exports to China and other African countries;
- To enable Zambian companies network with their counterparts from Africa and China; and
- To generate trade and investment deals that are beneficial to the country.
The Zambian delegation had an opportunity to interact with participants such as Chinese and African dignitaries, diplomats, representatives of international organizations, financial institutions, business associations, chambers of commerce, and media, entrepreneurs, experts, and scholars. The bi-annual event was held under the theme “Common development for a shared future”.
Issued by:
Kwali Mfuni (Ms.)
Manager Communications and Public Relations,
Zambia Development Agency,
Privatization House, Nasser Rd,
Lusaka.
Telephone: +260-211-220177/222858
Email: Kwali.Mfuni@zda.org.zm
About the Zambia Development Agency www.zda.org.zm
The Zambia Development Agency (ZDA) is Zambia’s premier economic development Agency with a multifaceted mandate of promoting and facilitating trade, investment and business development in the country. The Agency is also responsible for building and enhancing the country’s investment profile for increased capital inflows, capital formation and employment creation.
