South Africa will dispatch a multi-member government task team to China next week to investigate economic possibilities for South Africa arising from China's development plan, according to an official report here on Wednesday.
Official BuaNews reported that this task team is led by the Department of Trade and Industry and made up of members from a range of government departments, including the departments of Minerals and Energy, Agriculture, Science and Technology and Mintek, a South African mineral research organization, as well as the Development Bank of South Africa and Foreign Affairs.
The 10-day trip to China will enable the team to study the Chinese economy with an eye on consolidating a "win-win" formula for both nations in terms of synergies between China's development needs and what South Africa is able to supply, currently and potentially.
The central objective of the task team's visit is to ascertain the variety of ways in which this "win-win" formula for mutual growth and economic development can be taken forward.
The team will be reporting to Deputy President Phumzile Mlambo- Ngcuka who will visit China on September 24 and 25 as the head of a large delegation.
Source: Xinhua
|
Comment
Tell A Friend
Print Format
Save Article