Business News of Tuesday, 2 May 2017

Source: Ernest Koranteng

1st annual ‘China Trade Week Ghana’ to open in Accra

The event will provide opportunities across sectors of mutual interest including energy. The event will provide opportunities across sectors of mutual interest including energy.

The 1st annual China Trade Week Ghana makes its way to Accra this year to further strengthen ties between China and Ghana.

According to the organisers, MIE Events DMCC, its Managing Director David Wang has confirmed the endorsement of the Ministry of Trade and Industry, with Alan Kyerematen as the Minister, as well as China Council for the Promotion of International Trade, Ghana Chamber of Commerce & Industry, Association of Ghana Industries, Ghana Investment Promotion Centre and the East African Chamber of Commerce, Industry and Agriculture.

With bilateral trade reaching an all time high, China is currently Ghana’s biggest trade partners. Since Ghana views China as an important emerging market, and Chinese investors are optimistic about the potential of the Ghana market, China Trade Week Ghana is expected to play a key role in further boosting trade relations between the two nations. The event will also highlight China’s ability to provide and manufacture high-quality products to companies and buyers here in Ghana.

Ghana is a key hub along the One Belt, One Road, a development strategy and framework, proposed by Chinese paramount leader Xi Jinping that focuses on connectivity and cooperation among countries primarily between the People's Republic of China and the rest of Eurasia.

The event will provide opportunities and investment across sectors of mutual interest, including energy, infrastructure and technology. Over 150 B2B matching meetings have already been set up to take place during the 2017 event.

During the tradeshow, Ghanaian entrepreneurs will have an opportunity to engage with their Chinese counterpart through a series of practical and highly informative seminars on the best practices of doing business with China.

Commenting on the upcoming event David Wang says, “China Trade Week Ghana is a unique platform for the local business communities to meet Chinese manufacturers and take advantage of the event’s high quality, competitively priced products; develop trade relations, and potentially negotiate commercial cooperation.”

He adds, “Ghana provides an important regional base for Chinese companies and private businesses, and offers companies opportunities to invest and market their services. It’s a two-way relationship that is steadily developing year-on-year.”

China Trade Week is set to take place at Kempinski Gold Coast Hotel from 17th – 18th May 2017 from 9am – 6pm daily. This year’s event aims to attract over 2,000 people, with exhibitors displaying hundreds of high-quality Chinese products throughout the two-day event. Visitors are encouraged to download the CTW App for free to register for a chance to win a Huawei P9 smartphone at www.ctwapp.com.