Mills visits Shenzen, economic hub of China's Guandong Province

From Benjamin Mensah, GNA Special Correspondent, Shenzen, China

Shenzen (China), Sept. 22, GNA - President John Evans Atta Mills, on the fourth day on his five- day state visit to China, on Wednesday visited Shenzen, the economic hub of China's Guandong Province, and wooed Chinese companies to invest in Ghana.

Accompanied by a Ministerial and business delegation, President Mills told a meeting, attended by Mr Zhan Wen, Vice Chief Mayor of the Province that Ghana is looking for more Chinese investment in Ghana, because the Asian State has proved it can be a reliable partner. He asked Chinese business people not to entertain fears about their investments in Ghana because the country has favourable investment climate.

President Mills said China has been generous to Ghana, adding: "China points to the way what can be achieved with sacrifice, hard work and discipline."

He said: "if African leaders are flocking to China, they want to see the source of your magic," he said. China has massively transformed its economy in the last three decades and is turning its attention to new investment opportunities in Africa.

President Mills urged Chinese investors to make Ghana a preferred investment destination, and stressed greater collaboration between the two countries.

The President has so far procured a number loan agreements from China to assist in the development of the oil and gas sectors, bauxite and aluminium, road and rail transport and ancillary industries. The President would later meet with the President of Huawei Communication Company and move to Shanghai, and visit Ghana and China Pavilions at the on-going Shanghai Expo 2010.

He would also visit the Shanghai Construction Corporation. 22 Sept 10