Trade between the Chinese city of Zhongshan and Africa increases 45-fold in 5 years

15 August 2006

Zhongshan, China, 15 Aug – Trade between the Chinese city of Zhongshan and Africa increased from US$ 4.9 million to US$ 220 million between 2001 and 2005, an increase of 4,400 percent or 45-fold, reported the Zhongshan Daily.

The first half of the year saw trade between this city and African countries reach US$ 140 million, an increase of 49.9 percent, when compared to the same period last year. Exports in the six-month period totaled US$ 110 million.

The main goods that Zhongshan exports to Africa are electrical and mechanical products, lighting equipment and clothing, while its exports mostly wood and diamonds.

South Africa, Egypt, Algeria and Nigeria are the main destinations of Zhongshan’s production, and represent around 70 percent of total exports of the city to the African continent.

The municipal area of Zhongshan, with 19 cities, is located in the Pearl River Delta in the province of Guangdong in the south of China and borders the Zhuhai Special Economic Zone to the south, next to Macau. (macauhub)