In a testament to the strengthening economic bonds between the People’s Republic of China and Nigeria, Chinese Consul General reports a notable surge of 25 percent in imports from Nigeria during the third quarter of 2023.
The remarkable increase is hailed by stakeholders as a positive indicator of the flourishing bilateral trade relationship between the two nations.
According to vanguardngr.com, this came even as the Chinese Consul General in Lagos, Ms. Yan Yuqing, reinstated that China’s firmly supports African countries in exploring development paths, and cooperation in poverty reduction, and promotion of modernization of agriculture.
In a statement made available to Vanguard, Yuqing said: “China and Nigeria have built nice cooperation mechanism, broad cooperation platform, while practical cooperation in various fields are deepening and expanding.
Exciting results have been achieved in economic and trade cooperation.
“In the first three quarters of 2023, China-Nigeria bilateral trade reached USD 17.25 billion, and China’s imports from Nigeria increased by 22.5 per cent.
“With the opening of Lekki Deep Sea Port and the first phase of Lagos Blue Line Light Railway constructed by Chinese enterprises, economic and social development in Nigeria is being promoted.”
She noted that the Consulate General of the People’s Republic of China in Lagos, would like to extend sincere New Year wishes to friends from all walks of life in the consular area at this wonderful moment.
She said: “I would like to express my heartfelt thanks to you all for great contributions to the development of China-Africa, and China-Nigeria relations!
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