Envoy: Nigeria, China Must Oppose Unilateralism, Protectionism to Safeguard Global Economic Order
The Consul General of the People’s Republic of China in Lagos, Yan Yuqing, yesterday, said that Nigeria and China must oppose unilateralism and protectionism, in order to safeguard the global economic order, as well as the security and stability of the industrial chain and the supply chain.
She stated this at a media forum organised by the Chinese Consulate in Lagos, to intimate the Journalists on the recent communique of the third plenary session of the 20th Central Committee of the Communist Party of China.
She said at present, amid accelerating global changes of a like not seen in a century, the world’s external uncertainties are increasing, adding that this would not affect China’s firm determination and confidence to continue to deepen reform and widen opening up.
She highlighted the plenary’s important plans to promote a high standard opening up to the world and expand the use of foreign investment, many of whose policies will benefit the Nigerian people.
According to her, “What I want to emphasize is that, at present, economic globalization is facing great challenges, and it is the common responsibility of governments and enterprises of all countries, including China and Nigeria, to oppose unilateralism and protectionism, and to safeguard the global economic order, as well as the security and stability of the industrial chain and the supply chain.
“China remains a favorable investment destination for all countries. We will continue to improve the business-friendly environment, and share with the foreign-funded enterprises the huge opportunities arising from China’s development of new quality productive forces and the promotion of Chinese modernization.”
She however, noted that facing a world fraught with changes and turbulence, China and Nigeria needs to strengthen solidarity and cooperation more than ever.
She said, “This year is an important year for China-Africa as well as China-Nigeria cooperation, and the new summit of the Forum on China-Africa Cooperation (FOCAC) will be held in Beijing in early September, which will hopefully elevate China-Africa relations to a whole new level, and China- Nigeria bilateral relations are expected to be further improved in quality and elevated in level.”
On the relationship with Nigeria and how Chinese firms are contributing to the nation’s economy, Yuqing, said every year China organises large-scale international exhibitions.
She noted that Chinese enterprises and compatriots in Nigeria are also trying their best to contribute to the society through their own ways.