China, Nigeria can join hands in reviving world economy

April 13, 2016 56 Views 1 Comment

China is willing to join hands with Nigeria, the largest economy in Africa, to contribute to regional and world economic recovery and growth, Chinese Premier Li Keqiang said here on Wednesday.

Li told visiting Nigerian President Muhammadu Buhari during a meeting in the Great Hall of the People that the mutual-beneficial cooperation between China and Nigeria has great potential.

China’s economy is operating in a reasonable range and positive factors are increasing, the premier said, stressing China will strive to overcome difficulties and challenges in order to maintain a medium-high rate of growth.

As for ties with Nigeria, Li said that China is ready to help promote the African country’s industrialization through enhancing production capacity cooperation, spearheaded by infrastructure projects including railway, highway, and hydropower construction.

He also called on the two sides to push forward cooperation in construction of free trade zones, agricultural technology transfer, agricultural investment, aviation, mining and finance.

China encourages capable enterprises to invest in Nigeria, the premier said, calling on Nigeria to provide good protection and support for Chinese investment.

Praising China’s achievement in development and long-term support for Nigeria, Buhari said the Nigerian government is willing to push forward cooperation with China in coastal railway, highway, hydropower construction as well agriculture, mining and manufacturing so as to promote diversification of the country’s economy.

Buhari is paying a state visit to China from Monday to Friday at the invitation of Chinese President Xi Jinping. Before meeting with Li, Buhari held talks with Xi on Tuesday and met with top Chinese legislator Zhang Dejiang on Wednesday. Besides Beijing, Buhari will also visit Shanghai and Guangzhou.

Also on Wednesday, Chinese Foreign Minister Wang Yi held a meeting with Nigerian Foreign Minister Geoffrey Onyeama in Beijing. The two ministers also attended a celebration of the 45th anniversary of the establishment of diplomatic ties between the two countries.

Source: http://news.xinhuanet.com