Business News of 2014-08-27

Ghanaian, Chinese businesses to boost trade

The Chinese Consular in charge of Economic Activities in Ghana, Mr Ji Jiang, has asked Ghanaian businesses to partner Chinese organisations to boost trade operations between the two countries.

He said trade between the two countries would swell up if businesses in Ghana collaborated with Chinese companies, since most Chinese companies desired to invest in the country.

Mr Jiang made the statement at the opening of the showroom of the Ghana branch of AUCMA in Accra.

AUCMA is the biggest manufacturer of household appliances in China.

He observed that the Ghanaian political terrain had convinced big Chinese companies to extend their operations to the country.

Chinese Investment in Ghana

Mr Jiang also said over the past years, the Chinese government had supported Ghana’s economy, adding that the embassy had similarly benefitted from the government of Ghana.

He added that despite the challenges confronting his nation, the Chinese government would continue to partner Ghana to attain its development goals.

“The opening of the Ghana branch of AUCMA is evidence of companies in China willing to invest in the country,” Mr Jiang added.

The General Manager of the Hong Kong branch of AUCMA, Ms Sally Zhang, said the company planned to expand its market to Africa.

According to him, AUCMA had advanced assembly lines for the production of quality products such as water spray, ice maker, dispensers and other appliances.

Ms Zhang, therefore, gave the assurance that AUCMA would direct good products onto the Ghanaian market.

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