https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Africa|Business|Road|Products
Africa|Business|Road|Products
africa|business|road|products
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Trade and investment to be key themes of Ramaphosa’s upcoming State visit to China

Close

Embed Video

Trade and investment to be key themes of Ramaphosa’s upcoming State visit to China

President Xi Jinping and President Cyril Ramaphosa during the Chinese leader's State visit to South Africa last year
President Xi Jinping and President Cyril Ramaphosa during the Chinese leader's State visit to South Africa last year

22nd August 2024

By: Terence Creamer
Creamer Media Editor

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Trade and investment relations will be key themes during President Cyril Ramaphosa’s State visit to the People’s Republic of China from September 2 to 5, Minister in the Presidency Khumbudzo Ntshavheni has confirmed.

The visit follows President Xi Jinping’s fourth State Visit to South Africa in 2023.

Advertisement

Delivering a statement following the August 22 Cabinet meeting, Ntshavheni highlighted that China was South Africa’s largest trading partner and a major investor.

Bilateral trade between the two countries stood at $34-billion in 2023, and comprised $12-billion in exports and imports of $22-billion.

Advertisement

That trade imbalance was likely to feature in discussions, alongside ways to expand market access for South Africa’s agricultural and manufactured products, while increasing the value added to South African minerals exported to China.

She reported that Trade, Industry and Competition Minister Parks Tau would provide more details during a future briefing on the State visit, as well as on the South African delegation, which would include Ministers, Premiers and business people.

The Cabinet statement itself indicated that a number of agreements were also expected to be concluded, including a Framework Agreement on Development Cooperation.

A South Africa delegation would also participate in the Forum on China-Africa Cooperation (FOCAC) which will take place from September 4 to 6.

FOCAC is a multilateral coordination mechanism between China and African countries, and it is viewed as a cooperation platform within the Chinese’s Belt and Road Initiative.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za