The China-Africa trading partnership is one of the largest in the world. In fact, to date, China is Africa’s largest trading partner with commerce increasing over 700% in the 1990s. In 2000, the Forum on China-Africa Cooperation (FOCAC) was established to help strengthen the relationships and expand the partnership.
Last week, South Africa held a conference in connection with Chinese opportunities to help small and medium businesses interested in exporting to the country. According to IOL, over “30 enterprises from various sectors such as agro-processing – production of some of the most sought-after agricultural products, biodiesel production, jewellery manufacturing, engineering and infrastructure development, textile and fashion, farming, solar energy, tourism” joined the event in an effort to increase their business on a global scale.
The 2017 “China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives” took place from Tuesday October 10th to Friday October 13th in Guangzhou city, Guandong province in China.