The Department of Trade, Industry and Competition (the dtic) says it will fund 35 South African companies, through the Export Marketing and Investment Assistance (EMIA) group scheme, to participate in the China International Import Expo (CIIE) 2024.
The expo is to take place in Shanghai from 5 to 10 November 2024.
South Africa is participating in this event to showcase products and services from local companies to potential buyers in China and from across the globe. The South African companies will also be exposed to the culture of doing business with Chinese enterprises.
The Deputy Director-General of Exports at the dtic, Lerato Mataboge, said the 35 participants this year will represent a range of sectors, including agro-processing and agriculture, textiles, clothing and leather, oil and gas, the rail industry, electro-technical, chemicals, metal fabrication, ICT and mining.
‘The exhibition is aligned with our strategic objectives of advancing South African exports through assisting new and existing So
uth African exporters to penetrate international markets.
‘The CIIE 2024 is one of the leading import-themed fairs in China, and a key platform to profile our offerings to South Africa’s largest trading partner and the second largest economy in the world. The Chinese economy is seeing increasing levels of consumption, which also reflects growing potential and demand for certain imported products,’ Mataboge said.
Source: South African Government News Agency