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Home»World News»Asia News» China Pledges To Help Foreign Companies Benefit From Its Economic Growth
Asia News

 China Pledges To Help Foreign Companies Benefit From Its Economic Growth

Agency ReporterBy Agency ReporterMarch 15, 20263 Mins Read
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VOICE OF NAIJA – Gao Jin, the Vice Mayor of China’s Yiwu city, says the municipality is committed to helping foreign companies to benefit from the rapid and steady growth of China’s economy.

Gao, also a Member of the Standing Committee of Yiwu Municipal Party, said this while addressing foreign journalists on the margins of their field visit to Yiwu Municipality in Zhejiang Province.

The visiting journalists witnessed the 4th Session of the 14th Chinese People’s Political Consultative Conference (CPPCC) and the 4th Session of the National Committee of the 14th National People’s Congress (NPC).

The News Agency of Nigeria (NAN) reports that the conferences focused on China’s five-year development plan.

Gao said, “We are committed to making our market a gateway for foreign products to enter the Chinese market, to help foreign companies benefit from the rapid and steady growth of the Chinese economy.

“The just-concluded two sessions in Beijing approved China’s 15th Five-Year Plan, outlining the country’s development blueprint and policy directions for the next five years.

READ ALSO: Nigeria, China Deepen Ties In Marine Sector

“Guided by those plans, Yiwu will continue to promote high-quality development, strengthen economic and trade ties with foreign partners, and try our best to contribute to the friendship between China and other countries.”

According to him, 2026 marks the 20th anniversary of the Yiwu Development Experience proposed by the then-Zhejiang Provincial Party-Secretary Xi Jinping in 2006.

He described Yiwu as a city that has grown and prospered with China’s reform and opening-up process, and also benefited from the trend of economic globalisation.

Gao explained that this was due to the importance that Chinese President Xi Jinping attached to such development.

He said it contributed to Yiwu’s market becoming the world’s largest wholesale market for daily necessities and business area of eight million square meters, 80,000 booths, and two million individual products.

The Vice-Mayor added that the market also enhanced the two-way flows of Chinese and foreign products.

He further said that high quality Chinese products, which are sold to foreign destinations served millions of households and businesses worldwide.

“I encourage you to make the most of your stay in the city, to take time to look around, visit our market operators, and chat with them.

“I believe you will be inspired by the open, inclusive, warm, and enterprising spirit of the Yiwu people.

READ ALSO: Nigeria, China To Boost Economic Ties At 2025 China Commodities Expo

We hope through you, more exchanges and cooperation between Yiwu, and your country will be enhanced.

“We can learn from each other, do something together to promote sustainable development for each of our cities, deal with the difficulties we all face, and realise prosperity for all our citizens,” he said.

Speaking on behalf of the journalists, Mr Fortune Abang of the News Agency of Nigeria (NAN), said their field visit was to enable them to know about the municipality.

“Our duty as journalists is to ensure that information about anything is factual and credible before reporting.

“By so doing, we promote correctness in reporting, contribute our quota professionally toward deepening trade relations between our countries of origin and various countries of the world, like China.

“This can enable various business investors to partner with not just Yiwu Municipality, but China at large, in terms of economic and trade cooperation through information dissemination,” he said.

(NAN)

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