China to hold trade exhibition in Nigeria

China is to hold a trade exhibition in Nigeria's commercial capital Lagos on Nov. 15-19, a Chinese official said here Wednesday.

Yang Huazhong, head of the China Trade Exhibition Delegation, told reporters that the exhibition aims to "tap great potentials for both China and Nigeria in the fields of economic relations and trade."

"There are still large perspectives and great potentials for usto cooperate with each other in expanding two-way business," he said.

Both Chinese and Nigerian business people are willing to carry out cooperation in economy, trade and many other fields in all kinds of forms, he said.

The trade exhibition, he said, will display hundreds of Chinese-made quality products in six categories of machinery, household electrical appliances, vehicles and spare parts, telecom products, hardware and light industrial products, including power generators, food processing machines, injection molding machines, packaging machines, refrigerators, air-conditioners and motorcycles.

The exhibition is sponsored by the China Council for the Promotion of International Trade in coordination with the NigerianAssociation of Chambers of Commerce, Industry, Mines and Agriculture and the China Investment Development and Trade Promotion Center in Nigeria.

Recent years have witnessed a steady and fast growth in China-Nigeria trade. In 2003, bilateral trade surpassed 1.8 billion US dollars. The figure jumped to 1.52 billion dollars in the first nine months, making Nigeria China's second largest trade partner in Africa, only after South Africa.

Source: Xinhua