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11 November 2024 – South Africa’s Consulate General to Shanghai, Ms Phuti Tsipa says it is critical for the country to continue to invest in efforts to ensure that more value added products are exported to global markets. She says this will assist with re-industrialisation and lead to the growth that is needed. She was speaking at the official opening of the South African Pavilion at the China International Import Expo (CIIE), in Shanghai.
35 South African companies have received support from the Department of Trade, Industry and Competition (the dtic) to participate in the week-long CIIE. As part of the programme of the CIIE, the companies participated in business-to-business meetings with potential investors and partners from China. Tsipa said the expo was a great platform to showcase South Africa’s high quality products and she hoped progressive deals would be clinched following the match-making engagements.
“We hope that by the end of the exhibition we will be reaping fruitful outcomes, following the match-making engagements and overall participation in the 7th CIIE. We would like to see more and more South African businesses penetrating critical global markets, thus growing their businesses and assisting the efforts to grow the economy and create jobs. South Africa is committed to deepening and expanding practical cooperation with China in areas like trade and investment, infrastructure development, new energy, tourism among other key focus areas,” she said. Source: The DtiC