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China FG - Infrastructure Tops Agenda As Trade Hits US$10 Billion

The Deputy Consul -General of China to Nigeria, Qui Jian has said that the current volume of trade between the two countries totalled $10 billion.

He was optimistic that the figure will improve in the months ahead.

Jian who gave the hint in an exclusive chat with THISDAY in Lagos last weekend, stressed that with the two countries currently experiencing relative economic boom in this period when most nations of the world are going through economic recession, the potential of increasing business volumes between both nations was very feasible.

The Chinese envoy explained that with a relatively wide gap between Nigeria and China in the area of infrastructure, there was a major opportunity in the two nations for investment in the development of infrastructure in Nigeria to meet global standards and expectations.

According to him, "I can say the trade volume between the two countries is more than $10 billion. And we would want to still do more because we need each other to grow. We are open to not just Nigeria but other African countries as well, because most of them are under-developed so there is a need to invest in them in order to bring about progress and development, we need progress and we need improvement, this leaves us with plenty room to actually do more."

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