China and Zimbabwe’s annual trade has reached the $1 billion mark. This was revealed by Deputy Minister of Industry and Commerce Raj Modi. He said China remains the biggest source of FDI for Zimbabwe. Most of China’s investments are in the areas of agriculture, construction, manufacturing among others. Speaking to the Daily News, Modi said
It is encouraging and most appreciated that an increasing number of Chinese businesspeople have also been visiting Zimbabwe with keen interest to explore business opportunities and establish them in Zimbabwe.
Besides tobacco and minerals, which have been the major export commodities for Zimbabwe to China, we look forward to exporting other agriculture and manufactured goods in the near future. We are glad to note that Zimbabwean flowers have now found a market in China, with demand still growing. Further efforts are underway to facilitate the exportation of Zimbabwean citrus fruits and other products to China.
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