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    Gao Hucheng: Encourage Enterprises To Expand Investment In Manufacturing Industry In Nigeria

    2014/5/8 22:12:00 43

    Gao HuchengManufacturingInvestment

    In an interview with the media, Gao Hucheng, Minister of Commerce, introduced the economic and trade cooperation between China and Nigeria. He pointed out that China's clothing and other small commodities are very popular with consumers in Nigeria. In the future, China and Nigeria will further strengthen cooperation and combine Nigeria's huge consumer market and demographic dividend with the advantages of China's processing industry, relying on the economic and trade cooperation zone to further deepen the cooperation. Spin Cooperation in clothing, home appliances and other fields will gradually expand the scale, and strive to form industrial clusters and enhance cooperation level.


    In recent years, bilateral trade The growth rate of Sino Nepal trade reached 13 billion 600 million US dollars in 2013, which is nearly 5 times that of 2005. At the same time, Nigeria is China's third largest in Africa. Investment Destination country, by the end of 2012, China's stock of direct investment in Nepal amounted to US $1 billion 950 million.


    At present, the investment of Chinese private enterprises is increasingly active. More than 40 invested in Nigeria and invested more than 800 million US dollars, involving textile, agriculture, building materials and other industries.


    Gao Hucheng pointed out that China and Nigeria are both large developing countries. Both countries have advantages in resources, capital, human capital and market, and are highly complementary to each other. China encourages more powerful enterprises to expand investment in the Nigerian manufacturing industry, transfer technology, train personnel, and increase employment.


    Nigeria is Africa's largest population and the largest economy in Africa in 2013. Back in the 60s of last century, the older generation of overseas Chinese went to Nigeria to invest in factories and engaged in textile and other industries. Since the establishment of a strategic partnership between the two countries in 2005, Sino Nepal economic and trade cooperation has been developing vigorously, and the field of cooperation has been gradually widened and the ways of cooperation are more diverse.


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    A few days ago, the General Administration of Customs issued a message that in May 1st, the General Administration of Customs expanded the scope of the "customs declaration and territorial release" clearance mode from AA enterprises to category A enterprises, and the number of enterprises applying the customs clearance mode will expand from 2948 to 33540.


    Since November 1, 2013, the Customs has begun to apply "territorial declaration and territorial release" mode to the goods of the highest credit rating AA enterprises, that is, the import and export enterprises can declare to the territorial customs and go through the cargo clearance procedures directly at the territorial customs, and the inland enterprises as the biggest beneficiaries do not have to go to the customs, customs, customs and port customs to handle customs procedures, including manpower, time and cost.


    Since reform and implementation, it has achieved remarkable results and good social effects in simplifying procedures, improving efficiency and reducing costs. The average clearance time of import and export of enterprises that apply for customs declaration and territorial clearance mode is obviously lower than the average clearance time of import and export of similar enterprises in the country, and the diversion effect of port cargo gradually appears, which effectively drives up the freight volume of inland customs supervision.


    Zhang Guangzhi, a spokesman for the General Administration of customs, said that on the basis of careful assessment, the General Administration of Customs held that the "customs declaration and territorial release" clearance mode can be duplicated and popularized, so as to further expand the application scope of the customs clearance mode, and enable more import and export enterprises to benefit from it.

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