Chinese State Advisory Council in Zimbabwe

Chinese State Advisory Council in Zimbabwe
Published: 23 August 2019 (195 Views)
THE Chinese State Advisory Council is in the country to support the Government with research and economic development strategy as relations between the two countries advance to higher levels.

This is the first time the Development Research Centre (DRC) of the State Council of the People's Republic of China has been given permission to assist a country outside its economic jurisdiction.

The five-day visit is a follow up to the Memorandum of Understanding signed between the two countries recently.

Finance and Economic Development Minister Professor Mthuli Ncube and the DRC of the State Council representative signed the MoU during the ministerial forum on China-Africa Cooperation (FOCAC) and China Africa Expo held in Beijing on June 26 this year.

Yesterday, the high-powered delegation paid a courtesy call on President Mnangagwa at his Munhumutapa Office, where they deliberated on a wide range of economic and development issues.

Speaking to journalists after the closed-door meeting, Prof Ncube said the visit provided an opportunity to interact and update key Chinese authorities and institutions on the progress that Zimbabwe has made with regards to the reform agenda.

"The objective of the MOU was to provide a framework for co-operation between the parties in carrying out China-Zimbabwe consultations focusing on economic and social development," he said. The Minister said China offered a team of experts to assist the country in developing its strategic plans.

"In this regard the mission will conduct research and field studies on the agreed areas of cooperation among them, infrastructure development and financing strategy; macro-economic stabilisation and enhancement of the business environment; and industrial structure transformation policy through value addition and beneficiation of natural resources."

The DRC mission, said Minister Ncube, was taking place at a time when the country is in the midst of implementing key reforms necessary to achieve economic growth and development for the country.

"The reforms are starting to bear fruit with the 'twin-deficit' successfully tackled so far," he said.

The Minister reiterated that the ongoing reforms were necessary for the economy as they are building a strong for future economic prosperity of the country. This is in line with Transitional Stabilisation Programme (TSP)'s thrust and Vision 2030 of making the country to be an upper middle income by 2030.

Chinese Ambassador to Zimbabwe, Mr Guo Shaochun said the delegation had a very productive discussion with President Mnangagwa as part of the exchange policy between Beijing and Harare.

"This is part of the comprehensive strategic relationship between China and Zimbabwe," he said refraining from giving more details of the deliberations. But earlier on during a meeting with Minister Ncube the head of delegation and DRC vice president Mr Long Guoqiang said the mission's objective is to bring more investors to Zimbabwe in support of the country's Vision 2030 goals.

- the herald

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Zimbabwe govt expenditure problem

by Clemen Moyo ka Mangena | 15 September 2019 | 94 Views

Sympathy for the devil

by Zimbabwe Vigil Diary | 15 September 2019 | 114 Views

ZINARA Employees stealing from government and motorists

by Munya Shumba | 15 September 2019 | 119 Views

ZAPU in its bravest rebranding and transformation exercise

by Sakhile Sibanda | 15 September 2019 | 96 Views

Mugabe's death breathes life into sleepy Zvimba

by Staff reporter | 15 September 2019 | 156 Views

Zimbabwe's success inevitable, says Mnangagwa

by Staff reporter | 15 September 2019 | 213 Views

Mugabe died a sad man

by newzimbabwe | 15 September 2019 | 250 Views

Zinara looters put on notice

by Staff reporter | 15 September 2019 | 235 Views

Ramaphosa apologises for xenophobia

by Staff reporter | 15 September 2019 | 169 Views

Mugabe funeral programme shifts to Zvimba

by Staff reporter | 15 September 2019 | 273 Views

Zimbabwe nears SA industry loans deal

by Staff reporter | 15 September 2019 | 164 Views

Crafty Bob is not just history but our history

by Bishop Lazi | 15 September 2019 | 138 Views

G40's ahistorical narrative

by Ranga Mataire | 15 September 2019 | 158 Views

A too-comfortable end for Mugabe

by Jason L Riley | 15 September 2019 | 176 Views

Mnangagwa may not revenge against Grace Mugabe

by newzimbabwe | 15 September 2019 | 160 Views

Final salute for Robert Mugabe

by Staff reporter | 15 September 2019 | 125 Views

'The West is upset about Zimbabwean land'

by Prof Arthur Mutambara | 15 September 2019 | 161 Views

South Africans need a history lesson

by Mtandazo Dube | 15 September 2019 | 144 Views

'Foreigners can now invest in Zimbabwe's restricted sectors'

by Staff reporter | 15 September 2019 | 168 Views

Grace Mugabe praised

by Staff reporter | 15 September 2019 | 170 Views

Zesa, BCC agree on compensation for power station use

by Staff reporter | 15 September 2019 | 134 Views

The 'Zimbabwean' mogul in SA police's crosshairs

by Staff reporter | 15 September 2019 | 174 Views

Can Bosso stand Colliery heat?

by Staff reporter | 15 September 2019 | 87 Views

ZB Bank introduces WhatsApp banking

by Staff reporter | 15 September 2019 | 83 Views

Sables beat Zambia, win Victoria Cup

by Staff reporter | 15 September 2019 | 65 Views

College charges extra on EcoCash

by Staff reporter | 15 September 2019 | 44 Views

Concern over sharp increase in armed robbery cases

by Staff reportetr | 15 September 2019 | 45 Views

'18 people living in one room'

by Staff reporter | 15 September 2019 | 75 Views

Zimbabwe stuck with expired medical drugs, says committee

by Staff reporter | 15 September 2019 | 49 Views

Mugabe: The socio-genesis, posterity of Pan-Africanism

by Richard Runyararo Mahomva | 15 September 2019 | 113 Views

Bulawayo City Council workers demand housing stands

by Staff reporter | 15 September 2019 | 31 Views

The installation of the Lozwi King at Emawabeni

by Pathisa Nyathi | 15 September 2019 | 122 Views

Graca Machel: Appreciate Mugabe's role in Zimbabwe

by Staff reporter | 15 September 2019 | 41 Views

Gukurahundi victims react to Mugabe death

by Staff reporter | 15 September 2019 | 48 Views

The other side of Mugabe

by Nqaba Matshazi | 15 September 2019 | 93 Views