Pretoria - Trade and Industry Deputy Minister Mzwandile Masina has arrived in China, where he is leading a delegation of 51 companies on the fourth leg of the South African Expos in China.
Deputy Minister Masina said the dti will visit the Shanghai Free Trade Zone and the Shanghai Zhanjiang Hi-Tech Park today.
He will also officially open the South African exhibition, where South African companies will showcase their products and services.
The Deputy Minister will deliver the keynote address at a trade and investment seminar that will be attended by potential investors from China.
He will also engage potential investors in the electronic, textile, agro-processing and mining sectors on the sidelines of the expos.
The expos focus on South Africa’s top 10 value added products and investment projects, and seek to promote engagements, enhance exports and to increase market penetration into China.
“South Africa’s major exports to China have traditionally been mining products, iron and steel, heavy chemicals and nonferrous metals exports in the region of $5 billion a year. Through these expos and the companies that we brought, we hope to change this tradition,” said Deputy Minister Masina.
The expos, which kicked off on 20 October, will continue today in Shanghai before conclude in Beijing.
The business delegation was led on the first leg of the trip by the Director-General of the dti, Lionel October. Minister Rob Davies will be part of the last leg of the expos.
Participating companies in the expos are in the sectors of agro-processing, chemicals, plastics, steel and aluminium, among others. - SAnews.gov.za
