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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 
Chinese envoy urges Kenya to create condu-
cive environment to lure Chinese investments  

NAIROBI (Xinhua) -- A Chinese envoy on Friday called on the Kenyan government and business community to take concrete measures to create a safer and more convenient environment to lure more Chinese investments.

Li Xuhang, Charge’d Affaires at the Chinese embassy in Kenya, told journalists in Nairobi that Beijing is ready to help increase the value and competitiveness of Kenyan products and expand imports from Kenya.

“The future of our bilateral cooperation is very bright,” Li said, calling for efforts to seize the prime opportunity to work harder for more Kenyan products to enter Chinese market, for more Chinese investment to come to Kenya, and most importantly for more tangible benefits to the lives of Kenyans and Chinese.

Li made the remarks during a reception for Kenyan business community who participated in the China International Import Expo (CIIE) that run from Nov. 5 to 10.

The Chinese diplomat said that Kenyan exhibitors had achieved remarkable results during the expo, given that their products including tea, coffee beans, honey, grains, attracted attention of Chinese buyers.

Ababu Namwamba, chief administrative secretary in the ministry of foreign affairs, said the CIIE with its focus on imports is an open and cooperative platform for countries and regions to showcase their achievements and development as well as conduct international trade.

Namwamba said that the expo will promote the Belt and Road Initiative, economic globalization, inclusive growth and reciprocal development.

He added that Kenya is fully committed to strengthening bilateral trade with China in order for the citizens of both countries to fully realize benefits of the cooperation.

He stressed that there is great potential to grow the current volume of Kenyan exports given the size of the Chinese market.

Namwamba said that Chinese investments in Kenya are on the rise and currently over 400 companies are operating in the country, employing some 55,000 Kenyans.

           

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