Deputy President David Mabuza today, 3 November 2019, departed the People's Republic of China after concluding a successful working visit where he Co-chaired the 7th South Africa China Bi-National Commission.
The 7th SA-China Bi-National Commission took place in the context of strengthening the bilateral political and economic relations between South Africa and China.
In line with implementation of the Comprehensive Strategic Partnership existing between the two countries, the Bi-National Commission considered significant progress achieved in the implementation of resolutions passed at the 6th Bi-National Commission that took place in South Africa in 2016.
In this regard, the two countries have expressed much appreciation to progress made and further work will be done through sectoral committees.
In his mission to enhance trade and investment between the two countries, Deputy President Mabuza addressed the South Africa China Business Roundtable. At this Roundtable, Deputy President galvanised business people to have confidence in the South African economy and trust that the South African government is doing all it can to improve the ease of doing business.
Deputy President assured the business community that a package of economic reforms will soon be announced. "The package of reforms is aimed at enhancing South Africa's competitiveness, boost economic confidence and set the country on a sustained economic growth", said Deputy President Mabuza.
At this roundtable, the South Africa China Business Association also committed to establish a formal structure to compliment government to government engagement under the Bi-National Commission.
Furthermore, Ministry of Commerce of China announced that they will be increasing the representation of the Chinese Business Delegation to the 2nd investment conference in South Africa. The business delegation from China will be increased and well represented by 70 businesses.
Deputy President Mabuza further made a call for greater market access of South African value added products to China, in particular, agricultural products, to further expand on trade between the two countries.
On arrival Deputy President Mabuza will host his counterpart, Deputy Prime Minister Vuong Dinh Hue of the Socialist Republic of Vietnam on Tuesday 5 November 2019.
Source: The Presidency Republic of South Africa