The fourth edition of the China Trade Week opened in Nairobi on 13th Wednesday 2018 as local consumers expressed interest in products manufactured by the Asian nation.
Hon. Adan Mohamed, the Cabinet Secretary, Ministry of Industry, Trade and Cooperatives, was joined by Kenya Investment Authority, Kenya National Chamber of Commerce & Industry and executives from leading Chinese firms to launch the three-day trade fair and exhibition in Nairobi.
“China remains our biggest trading partner and we look forward to increasing the volume of goods and services traded between our two countries,” Mohamed said.
The 2018 China trade week attracted 500 companies that exhibited products ranging from electronics, lighting equipment, mobile phones, textiles, construction materials, food and beverages.
About 3,000 Kenyans and international visitors are expected to visit the exhibition stands showcasing high end products manufactured in China.
Hon. Adan Mohamed said Kenya will leverage on a robust bilateral trade with China to achieve the Big Four agenda on manufacturing, food security, affordable housing and universal health coverage.
“We remain open to Chinese investments in areas that bring transformation to our citizens. By investing in our manufacturing sector, China will be able to penetrate other markets while creating jobs for locals,” said Mohamed.
He noted that China trade week offers an opportunity for Kenyan consumers to purchase high quality products from the Asian giant at an affordable cost.
The three-day China trade fair and exhibition will help demystify myths that have undermined Sino-Kenyan trade.
Mr. James Mureu, the National Vice Chairman of the Kenya National Chamber of Commerce and Industry (KNCCI), said that Nairobi should leverage on exhibitions and fairs to strengthen bilateral trade with China.
“We now have an opportunity to interact with Chinese manufacturers and leading entrepreneurs and if possible apply their successful models to enable our economy to grow,” Mureu said.
He noted that Kenyans consider China a one stop shop for manufactured goods that are cheaper and of high quality. He also called on both governments to look into relaxing Visa issuance rules for Kenyans who wish to do business in China.
The annual China Trade Week has presented an opportunity for investors in the Asian country to explore opportunities in Kenya and the wider eastern African region.