Tag: China-Nigeria

  • China-Nigeria expo to deepen bilateral trade ties

    China-Nigeria expo to deepen bilateral trade ties

    Nigeria and China are set to strengthen their bilateral trade relations through the 2025 edition of the China Commodities Expo-Nigeria (CCE).

    The event is scheduled to run from Wednesday – Friday, November 5 – 7 at the Landmark Event Centre, Victoria Island, Lagos.

    Read Also: FG seeks evacuation of Pastor Egbaji from Benin prison to Nigeria

    Organised by the Trade Development Bureau of China’s Ministry of Commerce in collaboration with Brightway International Exhibition, and supported by various Chinese provincial governments, the Embassy of the People’s Republic of China in Nigeria, as well as the Federal and state governments of Nigeria, the annual Expo has become a major platform for promoting trade and investment between both nations.

    Over 250 Chinese manufacturers and more than 5,000 business representatives are expected to participate in this year’s edition, which will feature products across key sectors including automobiles, motorcycles and spare parts, machinery, food processing and packaging, fashion and textiles, beauty products, construction and building materials, agricultural equipment, electrical and electronic products, medical devices, home appliances, power and renewable energy, and other emerging technologies.

  • China-Nigeria cooperation: A synergy of growth and prosperity

    China-Nigeria cooperation: A synergy of growth and prosperity

    • By Mustapha Bala Tsakuwa, Li Chunguang, & Li Hongfeng

    China and Nigeria have more than 50 years of diplomatic relations. The two countries have some similarities and “are entering into a new era of national construction and development”. The two countries are building a comprehensive strategic partnership and a high-level of shared community between China and Nigeria, which fully embodies the phrases “unity is strength” and “join hands for success”.

    This cooperation is evolving in various sectors, including trade, investment, infrastructure development, and cultural exchange. The implications of this partnership are far-reaching and beneficial for both nations. The 2nd China-Nigeria Bilateral Symposium on Area Studies held at Beijing Institute of Technology (BIT) on November 23, 2024 was a testimony to these facts and an avenue towards understanding more about the long-time bilateral relations between the two countries. Diplomats, experts and scholars from China and Nigeria in the fields of politics, economy and trade, as well as humanities, summarized the highlights of the cooperation between the two sides and drew a picture of how the bilateral relationship should continue to develop in the new era in order to promote the common interests of the two countries.

    Trade as the foundation of partnership

    Over the years, China and Nigeria’s trade relations have grown exponentially. According to recent statistics, Sino-Nigeria bilateral ties have grown stronger, with Nigeria being China’s number one contracting market, second largest export market and major investment destination country in Africa. This relationship shows a certain degree of mutual trust, and both China and Nigeria have benefited from economic and trade cooperation in various fields.

    Building the future together through infrastructure development

    One of the hallmark features of the partnership between China and Nigeria lies in infrastructure development. Chinese investments help Nigeria’s economic diversification strategy by generating jobs and supporting local industries. If properly used, this can eventually improve stability and growth. Chinese companies are actively engaged in important projects that are essential to Nigeria’s economic development goals, such as railways, roads, agriculture, and power plants. The building of the Lagos-Ibadan railway, which represents development and connectivity, is a noteworthy example. These projects are about building the groundwork to ease life and for a better future.

    Bridging hearts and minds through cultural exchange

    For quite a long time, China and Nigeria have been enjoying cultural exchanges between them which they consider important in fostering friendliness and rapport among the people of the two countries. Opening of Chinese learning centres in Nigeria and programs offered by the Confucius Institutes in Nigeria promote Chinese language and culture. While cultural and sport events in Chinese universities give space to showcase Nigeria’s cultural heritage, diversity, vibrancy and richness. Such programs and exhibitions of Nigeria’s culture in Chinese institutions deepen our understanding and they create a beautiful tapestry of collaboration. The more we learn, the more we discover our cultural commonality and uniqueness. Thus, language learning, art displays and cultural festivals strengthen the bond between the hearts and minds of the people of the two nations.

    Read Also: Alleged N110.4b fraud: Prosecution opens case, calls first witness in Yahaya Bello, others’ trial

    Education as a driving force for mutual growth and development

    It was highlighted that education is the driving force for mutual growth and development and it should be emphasized in China-Nigeria cooperation. Both nations should enhance their educational system and foster a better future for their outstanding population by means of scholarships, research cooperation, cultural exchange and language learning. It was really interesting to know that China is ready to support the establishment of the China-Africa network of knowledge for development, research centres and platforms for China-Africa science and education cooperation, and centres for digital education. These can really help boost not only the China-Nigeria partnership but also China and many other African countries. As we all know, education is the key to success and it should be among the primary drivers of the cooperation between China and Nigeria so that people can mutually share and benefit from the talents and expertise each country has. 

    Challenges and the path ahead

    Despite its success, the partnership has not been without challenges. China and Nigeria should work for mutual benefits and sustainable development through bilateral talks, especially through intermediaries in the fields of language and culture to build bridges between their hearts and minds, with the aim of solving the challenges encountered in cooperation between the two sides.

    In conclusion, China and Nigeria are the largest partners in various aspects of life. Their partnerships embody harmonious relationships based on respect for one another, common interests, and cross-cultural interactions. Challenges pointed out can pave ways and opportunities for strong collaboration and mutual benefits. Both countries can succeed when they work together. Their relationship can be an important lesson in unity, resilience, and the pursuit of a shared vision for a prosperous future.

    As it is anticipated, a member of the Political Bureau of the Central Committee of the Communist Party of China (CPC) and Minister of Foreign Affairs, Wang Yi visited Nigeria in early 2025. It is thought that the Chinese Foreign Minister’s adherence to the 35-year practice of making his first visit will contribute to the continued development of China-Nigeria and China-Africa relations.

    •Tsakuwa is of Yulin University, Chunguang is of Foreign Studies University, & Hongfeng is of Beijing Foreign Studies University – all in China.

  • NCSP to bolster China-Nigeria economic co-operation

    NCSP to bolster China-Nigeria economic co-operation

    The Director-General, NigeriaChina Strategic Partnership (NCSP), Mr. Joseph Tegbe, is currently visiting China to bolster China-Nigeria relations and to foster economic and sustainable development between both countries, in line with the Renewed Hope agenda of President Bola Tinubu.

    The NCSP DG, with the Nigerian delegation, were at the headquarters of the National Development and Reform Commission (NDRC) of the People’s Republic of China, where they were received by the NDRC Deputy Chairman, Mr. Zhao Chenxin, and other top officials, as well as the Nigerian diplomatic community and the Chinese Business Community.

    In line with President Tinubu’s vision, Tegbe is expected to cement strategic agreements with China in vital sectors of the economy such as agriculture, to boost food security; alternative energy, for developing renewable energy sources, healthcare; mining, for harnessing Nigeria’s mineral resources to drive economic growth.

    Other areas include education, to strengthen Nigeria’s institutions and promote cultural exchange; technology, to foster innovation and advancement; and the support initiative of China’s Belt and Road Initiative (BRI).

    The visit of the NCSP’s DG underscores the Federal Government’s commitment to establishing strong bilateral relations and supporting Nigeria’s economic diversification plans, infrastructure development, technology transfer, and job creation to foster mutually beneficial collaboration between the two nations.

    Through this initiative, Nigeria can leverage its resources and human capital to develop key industries, bolster infrastructure, and enhance youth capacity through skills acquisition programmes.

    On Monday, the NCSP DG and his team visited the CCECC Head Office, had dinner with the CHEC, and on Tuesday visit the Governor of the Central Development Bank, and the Ministry of Foreign Affairs, and the China Export, Import Bank, as well as the China Development Bank. They also met with Power China Representatives.

    Read Also: China-Nigeria trade exhibition for next month

    The team will on Wednesday, visit the Chief Harbour, the CHEC, CNCEC, and the CCECC Chairman, before moving to the CSCS Haishen Medical on Thursday, the China Building Materials, amongst others.

    They will on Monday, 20th January, visit the Consulate General/Trade Mission Office, and the Yang Shang Deep Sea Port and Danghai Bridge (Sea). They are also expected at Huawei, before going to the CEC/Long UAV, for a meeting with Diana Chen on Saturday, before returning to Nigeria.

    This initiative comes on the heels of President Tinubu’s official visit to China before the 2024 Forum on China-Africa Cooperation (FOCAC), where he had talks with China’s President Xi Jinping on improved economic cooperation, with the latter pledging 360 Billion Yuan, (about $51 billion) financing to African nations in the next three years, and support for 30 infrastructure projects to boost connectivity across the continent.

    Last week, the Chinese Foreign Minister Wang Yi visited Nigeria to reinforce the growing partnership between China and Africa, especially Nigeria, with discussions on strengthening economic ties, enhancing security cooperation and mutual developmental goals.

    As Nigeria, Africa’s largest economy, seeks to become a net exporter to China in the next five years, the consolidated partnership is aimed at playing a crucial role in achieving this goal. The country also remains China’s major partner on the continent for trade and technology investments.

  • China-Nigeria bilateral trade hits $22.5b, says Chinese envoy

    China-Nigeria bilateral trade hits $22.5b, says Chinese envoy

    China-Nigeria trade relations has hit $22.5 billion in 2023, Chinese Ambassador to Nigeria, Yu Dunhai has disclosed.

    This is as the Speaker of House of Representatives, Tajudeen Abbas said the National Assembly would deploy the necessary legislative framework to support the implementation of China-Nigeria agreements.

    China-Nigeria recently signed 13 new agreements during President Bola Tinubu’s recent visit to China.

    The duo spoke at the weekend during the reception in Celebration of the 75th Anniversary of the Founding of the People’s Republic of China.

    Dunhai said: “In 2023, bilateral trade between our two countries reached $22.5 billion. Our practical cooperation has achieved fruitful results in areas such as infrastructure, investment, trade, agriculture and green economy, covering projects for the aviation, on the land and in the sea.

    “The projects have brought tangible benefits to both Chinese and Nigerian people, and provided concrete support for Nigeria’s social and economic development.”

    The envoy stressed that “Nigeria remains China’s largest project contracting market, the second largest export market, third largest trading partner, and a major investment destination in Africa.”

    He added that since the establishment of diplomatic relations in 1971, both countries have been enjoying a long-standing friendship, with strengthened high-level engagements, consolidated political mutual trust, deepened people-to-people exchanges, and fruitful outcomes of practical cooperation.

    On his part, Speaker Abass assured the Chinese envoy that the National Assembly would put in place necessary laws to ensure the implementation of the agreements.

    He said: “The National Assembly would deploy the necessary legislative framework to support the implementation of these agreements.”

    Read Also: Constitution review: Lawmakers disagree on state police, okay LG autonomy

    The Speaker also revealed that the House of Representatives would be engaging with its Chinese counterpart as part of the efforts to explore more opportunities.

    He said: “I am pleased to announce that the House of Representatives will be actively engaging through our China-Nigeria Parliamentary Friendship Group.

    “This initiative aims to explore various areas for collaboration and cooperation, focusing on sectors such as trade, technology transfer, infrastructure development, and cultural exchange.

    “By learning from China’s experience in leveraging its legislature for national advancement, we can better position ourselves to address the challenges facing our own country.

    “As we look forward to future endeavors together, let us reaffirm our commitment to enhancing cooperation between Nigeria and China. It is imperative that we work hand-in-hand to address common challenges while seizing opportunities for growth that benefit both nations.”

    The Speaker also explained that the recent agreements reached during this forum with President Bola Ahmed Tinubu signify a renewed commitment to strengthening our bilateral ties.

    “These agreements will pave the way for further investments in critical areas such as energy production and technology transfer—areas that are vital for Nigeria’s sustainable development.

    “The National Assembly would deploy the necessary legislative framework to support the implementation of these agreements.”

    He also added: “The National People’s Congress (NPC) has demonstrated how a robust legislative framework can serve as an instrument for national development.

    “By fostering a collaborative relationship with this esteemed body, we can exchange ideas and best practices that will enhance our own legislative processes.

    “The success story of China is not merely one of economic prowess; it is also a testament to the power of effective governance and legislative action in driving national progress.”

  • China-Nigeria bilateral trade hits $22.5b, says Chinese envoy

    China-Nigeria bilateral trade hits $22.5b, says Chinese envoy

    China-Nigeria trade relations has hit $22.5 billion in 2023, Chinese Ambassador to Nigeria, Yu Dunhai has disclosed.

    This is as the Speaker of House of Representatives, Tajudeen Abbas said the National Assembly would deploy the necessary legislative framework to support the implementation of China-Nigeria agreements.

    China-Nigeria recently signed 13 new agreements during President Bola Tinubu’s recent visit to China.

    The duo spoke at the weekend during the reception in Celebration of the 75th Anniversary of

    the Founding of the People’s Republic of China.

    Dunhai said: “In 2023, bilateral trade between our two countries reached $22.5 billion. Our practical cooperation has achieved fruitful results in areas such as infrastructure, investment, trade, agriculture and green economy, covering projects for the aviation, on the land and in the sea. “The projects have brought tangible benefits to both Chinese and Nigerian people, and provided concrete support for Nigeria’s social and economic development.”

    Read Also: Nigeria at 64: RCCG holds special prayers, thanksgiving

    The envoy stressed that “Nigeria remains China’s largest project contracting market, the second largest export market, third largest trading partner, and a major investment destination in Africa.”

    He added that since the establishment of diplomatic relations in 1971, both countries have been enjoying a long-standing friendship, with strengthened high-level engagements, consolidated political mutual trust, deepened people-to-people exchanges, and fruitful outcomes of practical cooperation.

    On his part, Speaker Abass assured the Chinese envoy that the National Assembly would put in place necessary laws to ensure the implementation of the agreements.

    He said: “The National Assembly would deploy the necessary legislative framework to support the implementation of these agreements.”

    The Speaker also revealed that the House of Representatives would be engaging with its Chinese counterpart as part of the efforts to explore more opportunities.

    He said: “I am pleased to announce that the House of Representatives will be actively engaging through our China-Nigeria Parliamentary Friendship Group.

    “This initiative aims to explore various areas for collaboration and cooperation, focusing on sectors such as trade, technology transfer, infrastructure development, and cultural exchange.

    “By learning from China’s experience in leveraging its legislature for national advancement, we can better position ourselves to address the challenges facing our own country.

    “As we look forward to future endeavors together, let us reaffirm our commitment to enhancing cooperation between Nigeria and China. It is imperative that we work hand-in-hand to address common challenges while seizing opportunities for growth that benefit both nations.”

    The Speaker also explained that the recent agreements reached during this forum with President Bola Ahmed Tinubu signify a renewed commitment to strengthening our bilateral ties.

    “These agreements will pave the way for further investments in critical areas such as energy production and technology transfer—areas that are vital for Nigeria’s sustainable development.

    “The National Assembly would deploy the necessary legislative framework to support the implementation of these agreements.”

    He also added,: “The National People’s Congress (NPC) has demonstrated how a robust legislative framework can serve as an instrument for national development.

    “By fostering a collaborative relationship with this esteemed body, we can exchange ideas and best practices that will enhance our own legislative processes.

    “The success story of China is not merely one of economic prowess; it is also a testament to the power of effective governance and legislative action in driving national progress.”

  • Working together to build closer China-Nigeria community

    Working together to build closer China-Nigeria community

    • By CUI Jianchun

    From December 27 to 28, 2023, the Central Conference on Work Relating to Foreign Affairs was held in Beijing. Chinese President Xi Jinping attended the conference and delivered an important address. 

    In his important address, President Xi Jinping presented a systematic review of the historic achievements and valuable experience of major-country diplomacy with Chinese characteristics in the new era, gave a profound exposition on the international environment and historical mission of China’s external work on the new journey, and made comprehensive plans for China’s external work for the present and coming periods.

    It was pointed out at the conference that the building of a community with a shared future for mankind reflects the Chinese Communists’ worldview, perception of order, and values, accords with the common aspiration of people in all countries, and points the direction for the progress of world civilizations. It is also the noble goal pursued by China in conducting major-country diplomacy with Chinese characteristics for the new era. 

    Building a community with a shared future for mankind is the core tenet of Xi Jinping Thought on Diplomacy. It reflects close integration of both abiding goals of Chinese Communists and the trend of times, expands common ground and convergence among all nations for building a better world. It is of great theoretical value and profound historical significance, and has increasingly demonstrated strong influence, vitality and appeal. Building a community with a shared future for humankind underscores the general trend of history and the direction of the people’s hearts.

    In building a community with a shared future for mankind, the goal is to build an open, inclusive, clean and beautiful world of lasting peace, universal security and shared prosperity, the pathway is promoting global governance that features extensive consultation and joint contribution for shared benefit, the guiding principle is to apply the common values of humanity, the basic underpinning lies in building a new type of international relations, the strategic guidance comes from the implementation of the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, and the platform for action is high-quality Belt and Road cooperation. On this basis, China seeks to bring countries together to meet challenges and achieve prosperity for all, and usher in a bright future of peace, security, prosperity and progress for our world.

    In March, 2013, President Xi Jinping put forward the vision of building a community with a shared future for mankind. It offers China’s solutions to meet global common challenges and jointly deliver a brighter future for the world, which has received the extensive support of African countries, including Nigeria.

    Last year marked the 10th anniversary of the vision of a community with a shared future for mankind put forth by President Xi Jinping. Over the past decade, building a community with a shared future for mankind has developed from a conceptual proposition to a scientific system, from a Chinese initiative to an international consensus, and from a promising vision to substantive actions. It has been included in resolutions of the U.N. General Assembly for seven consecutive years. Extending to various regions and covering various areas, it has served as a glorious banner leading the progress of the times.

    China, the world’s largest developing country, and Nigeria, the African largest economy, have long formed a community with a shared future. 

    Big strides have been made in building a China-Nigeria community with a shared future during the past 10 years. Nigeria has become China’s biggest contractor market, third largest trading partner and major investment destination in Africa. Practical cooperation across the board has been immensely successful. Major projects including Lekki Deep Sea Port, Zungeru Hydroelectric project, Lagos-Ibadan train route, Abuja-Kaduna rail line, Abuja-Keffi-Lafia-Makurdi road, as well as several airport terminals, undertaken by Chinese enterprises, have been completed or progressing smoothly. Remarkable achievements have been made in the development of free trade areas. China and Nigeria took further measures to facilitate travels between the two countries, and people-to-people exchanges have been increasingly closer. With the joint efforts of both sides, China and Nigeria have developed into important strategic partners, while China-Nigeria relations have been taken to a new stage of jointly building a high-quality community with a shared future.

    Nigeria is an important member of the China-Africa community with a shared future. Last August, vice president Sen. Kashim Shettima attended the China-Africa Leaders’ Dialogue co-hosted by Chinese President Xi Jinping and South African President Matamela Cyril Ramaphosa, and agreed to jointly build a High-Level Africa-China community with a shared future. In October, 2023, Vice President Shettima attended the third Belt and Road Forum (BRF) for International Cooperation representing President Bola Ahmed Tinubu, and met with Chinese President Xi Jinping and his counterpart, Chinese Vice President Han Zheng. The leaders of both sides reached important consensus on further deepening Belt and Road cooperation and lifting Nigeria-China relations to a new level.

    Read Also: CBN uncovers FX violations, vows to crack down on culprits

    I am willing to say that flame runs high when everyone adds wood to the fire and that mutual support can get us far. Building the China-Nigeria community with a shared future needs the joint strong efforts by our both sides. Since I came to Abuja as the 14th Chinese Ambassador to Nigeria, I have thought deeply on how to promote all-round cooperation between China and Nigeria, and have put forward 5GIST China-Nigeria GDP (Growth, Development, Progress) Strategy, “Share Chinese Harmony, Perform Nigeria-China Symphony” Initiative and a new model of cooperation named PEG (Party-Enterprise-Government).

    China is always committed to providing support to African countries, for their socio-economic development. In November, 2022, President Xi Jinping announced the launch of nine programs for China-Africa cooperation. In August, 2023, President Xi proposed that China will launch the Initiative on Supporting Africa’s Industrialization, the Plan for China Supporting Africa’s Agricultural Modernization and the Plan for China-Africa Cooperation on Talent Development. As President Tinubu proposed “Renewed Hope” Initiative, I am responding to build the “Renewed Tie: Thought/ Investment/ Endeavour” between our two governments, enterprises and peoples, to sow “Renewed Seed: Security/ Education/ Economy/ Dedication”, and to fulfil the “Renewed GDP: Growth/ Development/ Progress”, so as to further promote our cooperation.

    President Tinubu put forward the 8-Point Agenda. China is ready to work with Nigeria to develop greater synergy in our two countries’ development strategies, so as to deliver win-win outcomes and achieve development for both sides.

    In the Chinese Lunar Calendar, we will soon usher in the Dragon Year of 2024. The dragon is a symbol of auspiciousness, wisdom and strength in traditional Chinese culture. This year, China will host the meeting of Forum on China-Africa Cooperation (FOCAC), where China and Africa may come together again and draw up new plans for development. China will continue to follow the principles of sincerity, real results, amity and good faith and pursuing the greater good and shared interests when developing relations with African countries. China will always be Nigeria’s partner of mutual respect, equality and sincere cooperation, and will continue to work with Nigerian friends to build an even closer China-Nigeria community with a shared future in the new era.

    •H.E Jianchun is Chinese Ambassador to Nigeria