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S. Africa, China to build industrial park to boost jewelry trade - gas cooker parts
South Africa's Gauteng province on Friday signed a Memorandum ofUnderstanding (MOU) with China's Houjie of Guangdong province to establish an industrial parkin China to promote trade between the two countries.
The MOU was signed in Johannesburg during the China (Houjie) - South Africa Gold and JewelryIndustry Investment and Promotion Conference. - Ignition Electrode (Spark Plug)
Jiang Yajun, town mayor of Houjie, and Uhuru Moiloa, Deputy Speaker of the Gauteng legislature,inked the MOU.
Jiang said South Africa is a big market for jewelry industry in China.
"When the industrial park is completed, it will be beneficial to both sides. It would be a platformfor the South African jewelry industry to enter the Chinese market," Jiang said, adding that thereis great potential for business to thrive between the two countries.
Moiloa told the gathering that he visited Houjie last October and was impressed with the Chineseprocessing of minerals. -Gas Valve/Gas Regulator
"We welcome Chinese partnership and wish to secure part of the Chinese market. I encourageSouth Africans to interact with the Chinese to propel the interest of our people. We want ouryouths to go for training in China for a year and return to replicate what they lean in the country,"said Moiloa.
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