China Aims High in Bilateral Relations, Trade with Nigeria

Industries, Trade and Investment

Chinese Ambassador to Nigeria, Cui Jianchun has said the bilateral relations and trade between China and Nigeria would soon reach a new higher level.

He made the revelation in Abuja during a media chat to mark the Moon Festival or Mid-Autumn Festival in China, one of the most important traditional holidays in the country.

He said: “Earlier this year, Nigeria and China co-celebrated the 50th anniversary of their diplomatic ties. As the 14th Chinese Ambassador to Nigeria, I have been here for nearly half a year, and I was deeply impressed that Nigeria is a treasure house, not only of natural resources but also of human resources. How to develop the bilateral relations based on achieved gains has always been a key question in my mind.”

He disclosed that: “In order to usher in an even brighter future for China-Nigeria relations, I have put forward the 5GIST Nigeria-China GDP Strategy. Changing times require changing strategy. Solos and duets cannot meet the demand of our bilateral relations. The two countries need to form an orchestra to play a symphony within the Belt and Road Initiative (BRI).

“The 5GIST Nigeria-China GDP Strategy is consisted of 4 parts, which are 5G, 5l, 5S and 5T. 5G refers 5 Goals of the Strategy, which are political consonance, economic cooperation, military & security collaboration, international coordination and people’s communication. 5I refers to five words initialed with “I”, i.e. infrastructure, ICT, value-added industry, investment (such as in agriculture, aquaculture, mining, oil & gas, financial integration, etc), and import and export, those are the priority areas of bilateral cooperation.

Source: ThisDay

Image: Chinese Ambassador to Nigeria, Cui Jianchun

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