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|A man of a Chinese firm introduces products during the first China-Africa Industrial Capacity Cooperation Exposition in Nairobi Dan Marino Jersey , Kenya, Dec. 12, 2017. (XinhuaChen Cheng) by Christine Lagat
NAIROBI, Dec. 13 (Xinhua) -- The inaugural China-AfricaIndustrial Capacity Cooperation Expo kicked off on Wednesday inNairobi amid acknowledgement of the role of capital, expertise andtechnology from Beijing to fuel Africa's industrial progress.
Kenya's Cabinet Secretary for Trade, Industry and CooperativesAdan Mohamed opened the expo, where more than 50 Chinese firms areshowcasing their products to potential local and regionalclients.
Mohamed said in his opening remarks that Kenya was privileged tohost the first China-Africa industrial expo that aims to deepentrade ties between the Asian giant and its partners in the world'ssecond largest continent.
"Kenya is pleased and proud to be hosting this maiden edition ofChina-Africa Industrial Capacity Cooperation Exhibition Cheap Miami Dolphins T-Shirts ," saidMohamed.
"This forum happening for the first time in Africa symbolizesthe confidence that China has in the continent and morespecifically Kenya and its desire to develop that partnership to adeeper and higher level," he added.
Senior Kenyan policymakers and staff from the Chinese Embassy inNairobi joined executives from major Chinese firms to inauguratethe four-day expo aimed at showcasing investment opportunities inthe region and across the continent.
Mohamed said Kenya has enacted progressive legislative andpolicy frameworks to attract foreign direct investments from Chinaand other emerging economies.
"Kenya has actively promoted investment opportunities to theChinese and is looking at increasing foreign direct investmentsfrom the country," Mohamed said.
He said Kenya is keen to court Chinese investors in its quest totransform key sectors of the economy like manufacturing,agro-processing, infrastructure and real estate.
The cabinet secretary said Beijing is ready to partner withAfrican countries to modernize their industrial sector that is thebedrock of economic growth and job creation.
Li Xuhang, minister counsellor of the Chinese Embassy in Kenya,said investments in manufacturing sector will enable Africancountries to realize rapid economic growth.
Chinese firms participating in the Nairobi expo are drawn fromdiverse sectors of the economy and will be scouting for newbusiness opportunities and local partnerships.
Kiprono Kittony Cheap Miami Dolphins Hoodies , chairman of Kenya National Chamber of Commerceand Industry, said the country stood to gain from the first everChina-Africa industrial capacity cooperation expo.
"This is a timely opportunity for us to promote trade andinvestments with China for mutual benefits," Kittony said, addingthat a level playing field is key to advancing bilateral tradebetween China and African countries. Enditem
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