President Hakainde Hichilema hosted a high-level Chinese trade and investment delegation at State House, underscoring Zambia’s commitment to deepening economic cooperation with China.
The delegation was led by Mr. Wei Zhang, Chairman of Anhui Machinery Group Company, and Mr. Yongsheng Wang, Deputy General Manager of CRRC Yangtze Group Trading Tongling Company. They were accompanied by Zambia’s Ambassador to the People’s Republic of China, Mr. Ivan Zyuulu.
The visit follows the recent elevation of Zambia-China relations to a Comprehensive Strategic and Cooperative Partnership, signaling a new chapter in bilateral collaboration.
In a statement, President Hichilema emphasized that Zambia remains guided by its foreign policy pillars of peace, security, and economic diplomacy. He reaffirmed the government’s dedication to attracting affordable capital and cutting-edge technology through mutually beneficial joint ventures.
“Our goal is to drive value addition, stimulate economic growth, and create meaningful employment for our people,” said President Hichilema.
The Chinese delegation expressed strong interest in investing in Zambia’s energy, railway transport, and mining sectors, areas identified as critical to the country’s long-term development.
President Hichilema welcomed this interest, affirming Zambia’s readiness to engage in close collaboration to unlock investment opportunities in these key industries.
We need to start seeing results of these numerous business interactions. We’ve talked enough…!
Kanshi, is Zambia the only country in the world where the more investment you bring in the worse your national currency performs?
What formula are these guys at the Ministry of Finance using?
If this is the case then it’s better not to have investors. Because nothing they are bring to the economy except inflation and high forex demand.
Chinese and poor salaries. Shame even to talk to them.
They want Africa and they slowly getting there
Prof Clive [Chirwa] made some suggestions but was let go under a flurry of Eurobond sagas! So we can only progress if someone else is holding the purse strings very tightly?
We have had delegation in the past from different countries.Can we see some benefits?
We have just been told that we got so much
Aid from a country but nothing is seen on the
Ground.
Ba Lee ,Noti vo ndyelana masuku pamutu naise tifuna ma half
Why do Ministers wait for someone to open car doors for them…like seriously and why we call them Honorable …what Honorable thing do they do apart from stealing and wasting tax payers money
People……people…….
Be aware , employment is at record levels , that’s why you see so many foreigners in Zambia……….
Those foreign investments thus far, most have not yet started making profits……..,,
Your results to see is the jobs created, unless you were expecting free handouts
FED2031
I am sorry but employment is not at record levels The record that can honestly be claimed
IS LOADSHEDDING IS THE WORSED SINCE INDEPEPENDANCE. HH said recently max 7 hrs
but its turned out to the opposite
PLS stop singing when there are no lyrics m8