Government Welcomes Chinese Investment as Trade Ties Deepen
Government has praised Chinese businesses for their growing investment in the country, saying their expanding presence in key sectors is boosting the country's economic development.
Commerce, Trade and Industry Minister Chipoka Mulenga noted that Chinese firms have been steadily increasing their footprint across energy, agriculture, mining and healthcare - sectors vital to Zambia's growth ambitions.
Speaking through Ministry Permanent Secretary Crusivia Hichikumba at a gala dinner organised by the Chinese Chamber of Commerce, Mr Mulenga said this expansion has strengthened cooperation and pushed up trade volumes between the two nations.
Trade between Zambia and China has now reached $6.9 billion, with Zambian exports accounting for $5.2 billion of that total - underlining the significant commercial relationship between the two countries.
Mr Mulenga assured Chinese investors that government remains firmly committed to maintaining favourable conditions for doing business, supporting continued growth in bilateral trade.
The Chinese Chamber of Commerce in Zambia's President, Li Tie, thanked the Zambian government for its backing and for keeping investment policies open and welcoming.
Mr Li said these policies have allowed Chinese enterprises operating in the country to achieve steady growth.
On a related matter, Enock Chibombo, Acting Director General of the Immigration Department, revealed that his office continues working closely with Chinese authorities to smooth the process of issuing work permits to Chinese nationals.
He explained that this arrangement is designed to encourage the transfer of skills in sectors like construction and healthcare, where expertise is needed.
Labour Commissioner Givens Muntengwa called for stronger collaboration with the Chinese Chamber of Commerce when dealing with workplace issues, suggesting closer ties could help resolve labour matters more effectively.