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Zambian vice president lauds friendship, cooperation with China

07-28-2010 08:24 BJT

LUSAKA, July 27 (Xinhua) -- Zambian Vice President George Kunda has spoken highly on relations of friendship and cooperation between Zambia and China.

Kunda said that the government will learn from China's experience of economic transformation in her quest towards making Zambia a middle income country by the year 2030.

Speaking at the official reception held in honor of the visiting Chinese State Councillor Dai Bingguo in Lusaka Monday evening, Kunda said that Zambia admires China's successes registered in various sectors of the economy.

He said that China has managed to register success in many sectors of the economy even during the global economic crisis, which affected both developing and developed nations in the world.

"Zambia has followed with keen interest China's successes in sectors such as industry, manufacturing, technology, textiles, construction, energy, health and mining," he said.

"We are therefore grateful that through bilateral interactions such as this one, Zambia will be able to tap into the Chinese experience in economic transformation as we endeavor to achieve our own transformation of becoming a prosperous middle income nation by 2030," Kunda said.

Kunda reiterated that over the years, Zambia has continued to receive a lot of assistance in many areas of the economy from China.

This assistance includes the undertaking of constructing the Tanzania-Zambia Railway (TAZARA), construction of the new government complex, roads, houses stadia, supply of short wave radio transmitters, provision of scholarships to Zambians and the provision of medical services to Zambia.

He said abundant opportunities for investment abound in Zambia in all sectors of the economy, adding that several Chinese investors have already taken advantage of the conducive environment.

Kunda called for more potential investors from China to seize the opportunity offered by Zambia's investor friendly atmosphere to explore other viable business opportunities available in the country.

He has also urged to set up joint venture projects between Chinese and Zambian business organizations to jointly exploit the abundant natural resources in the country.

Kunda said at multilateral level, Zambia and China have shared common views and positions on various issues of mutual interest and concern, such as climate change, globalization, trade, international peace and security.

He hoped that the two countries' cooperation based on common values of equality of sovereignty and mutual respect will continue for the benefit of their peoples.

Editor:Jin Lin |Source: Xinhua

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