Share

Motlanthe woos Chinese companies

Beijing - Deputy President Kgalema Motlanthe says the relationship between South Africa and China is growing from strength to strength as the two countries celebrate 15 years of diplomatic relations.

Opening the 5th bi-national commission in Beijing, Motlanthe said that the relationship between the two countries had gone from a partnership to a strategic one and finally to a comprehensive strategic partnership.

Motlanthe said China had, since the last bi-national commission was held in Cape Town in 2010, become South Africa’s single largest trading partner and China‘s largest trading partner in Africa.

He mentioned the collaboration between China South Rail and Transnet locomotives, which would act as a catalyst for the revival of South Africa’s own locomotive manufacturing sector and stimulate associated industries such as steel fabrication and engineering sectors.

The deputy president said that South Africa would like to see greater participation of Chinese companies in sectors such as renewable energy, mining, banking, manufacturing and rail infrastructure.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.12
+0.4%
Rand - Pound
23.80
-0.4%
Rand - Euro
20.46
-0.1%
Rand - Aus dollar
12.40
-0.1%
Rand - Yen
0.12
+0.2%
Platinum
921.80
-1.0%
Palladium
1,023.00
+0.7%
Gold
2,328.37
+0.1%
Silver
27.24
+0.2%
Brent Crude
87.00
-0.3%
Top 40
68,054
+0.8%
All Share
73,976
+0.6%
Resource 10
59,749
-2.0%
Industrial 25
102,659
+1.6%
Financial 15
15,881
+1.7%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders