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Home Economy

Nigeria set to host investment summit in Shanghai to deepen trade relationship with China

by Admin
April 28, 2018
in Economy

Nigeria is set to organise an investment summit in Shanghai, a global financial hub in China, on July 20, 2018.

The summit, according to Anderson Madubike, the consul-general, will be hosted by Nigerian consulate in Shanghai, as part of efforts to deepen trade relations between the country and China

In a statement made available to the media, the event is tagged “Shanghai 2018: Nigeria-China Business & Investment Forum,” with emphasis on infrastructure, investment, mining and agriculture.

Madubike, meanwhile, hailed Nigerians in East China for their doggedness in overcoming the language barrier between both countries. Most Nigerians, he said, have to learn the Chinese language in order to study or do business.

“In fact, Nigerians have to work twice as hard as their counterparts. For the students, they need to learn Mandarin (Chinese Language) and some of them receive their lectures in Mandarin and still top their classes,” he added.

The envoy said the mission constantly engages its nationals in East China through regular town-hall meetings and visits to companies and schools where Nigerians are involved.

The Consulate of Nigeria in Shanghai was opened in 2008 in response to the growing economic and trade relations between Nigeria and China.

It was established to attract investment and economic activities as a component of the overall development strategies of Nigeria.

The Consulate coordinates, promotes and protects the national interests of Nigeria and Nigerians in five provinces of China: Shanghai Municipality, Anhui, Fujian, Jiangsu and Zhejiang.

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