ZimTrade is Leading Delegates to Beijing for the Zimbabwe-China Business Forum

Zimbabwe and China are set to engage in a high-level business indaba as bilateral relations between the two nations continue deepen. The business forum is scheduled to run from 30 May to I June 2023 in the capital Beijing, China.
High ranking government officials from both sides are expected. These include Zimbabwe’s Minister of Finance and Economic Development, Professor Mtuli Ncube, Minister of Foreign Affairs and International Trade, Ambassador Fredrick Shava, the Governor of Reserve Bank of Zimbabwe, Dr. J.P Mangudya, ZimTrade C.E.O, Ms Winnie Muchanyuka and business executives will be in Beijing for the forum.
The three-day indaba will include panel discussions on trade and investment opportunities and challenges in agriculture, mining and tourism development in Zimbabwe. It’s also meant to increase the exposure of Zimbabwean goods and broker networks and form partnerships between the two countries.
The Zimbabwe-China Business Forum was organized by ZimTrade. ZimTrade is the national trade development and promotion organization of Zimbabwe. It was established in 1991 as a joint venture partnership between the private sector and the government of Zimbabwe. Its mandate is to assist Zimbabwean exporters by developing, promoting and facilitating export of their goods and services to the world.

Zimbabwe and China already have strong economic diplomacy and this forum is meant to harness and expand trade tries. China mainly imports from Zimbabwe tobacco leaf, processed tobacco, ferroalloys and chromium ore.
In January 2023, the Chinese Embassy in Zimbabwe shared that trade between Zimbabwe and China surged 29.2 percent year-on-year to a record high of 2.43 billion U.S. dollars in 2022. Zimbabwe exported 1.3 billion dollars-worth of goods to China and imported 1.13 billion dollar-worth of goods from China, the embassy tweeted. Zimbabwe is looking at expanding its exports sphere and balance the scale since at the moment, they are importing more from the Chinese market.
The upcoming forum will draw participants from Zimbabwe and China in sectors like agriculture, mining, technology, construction, textiles and engineering services.