Minister touts Ghana-China economic co-operation at Chinese 69th Anniversary

By
Godwill Arthur-Mensah, GNA

Accra, Sept. 28, GNA –
The economic co-operation between Ghana and China witnessed rapid growth with
the trade volume increasing from $5.98 billion in 2016 to $6.67 billion in
2017, representing a growth of 11.67 per cent, Dr Ibrahim Mohammed Awal, the
Minister of Business Development, has said.

Additionally, the
Chinese Foreign Direct Investment in Ghana reached $3.2 billion at the same
time, with 793 registered Chinese investments.

“It is within the
foregoing context that we acknowledge the enormous contribution of the
Government of the People’s Republic of China and the numerous Chinese companies
operating in various sectors of our economy, to support Ghana’s socio-economic
development,” he emphasised.

Dr Awal made the
remarks at a reception to mark the 69th Anniversary of the People’s Republic of
China and the 2018 Forum on China-Africa Cooperation (FOCAC) Beijing Summit
Briefing, in Accra on Thursday.

The event was graced
by Vice President Dr Mahamudu Bawumia, members of the Council of State,
Ministers of State, Members of Parliament and the Diplomatic Community as well
as the Chinese Community in Ghana.

The gathering was
treated to a medley of Ghanaian and Chinese music by the Rose Band led by
Joseph Huang and Nana Serwah, complemented by various dance performances as
well as the display of Chinese culture.

Dr Awal, on behalf of
government, conveyed a congratulatory message to the Chinese President, Mr Xi
Jinping and the good people of China for achieving that important milestone in
their nationhood.

He believed the future
celebrations would witness greater heights in the relations between the two
countries on the basis of the principles of solidarity, mutual trust and
respect.

“I wish to take this
opportunity to express our appreciation to the Government and People of China
for the warm reception accorded President Nana Addo Dankwa Akufo-Addo and his
delegation during his State Visit to China and his participation in the 2018
Forum on China-Africa Co-operation (FOCAC) Beijing Summit from the 31st August
to September 5, 2018,” Dr Awal stated.

The Minister
acknowledged the efforts of the Founding Fathers of Ghana and China, whose
visionary leadership led to the establishment of diplomatic relations between
the two sovereign nations in 1960.

He said over the
years, the two countries had enhanced their bilateral and multilateral
relations, as well as at the levels of South-South Co-operation, saying that,
the brotherly relations had withstood the test of time and grown from strength
to strength.

Dr Awal lauded Chinese
Government’s commitment to support Ghana’s fight against illegal small-scale
mining, popularly called “galamsey”, and assurance to increase the number of
scholarships awarded to Ghanaian students, as well as re-affirming support for
the ongoing Chinese assisted projects such as the Jamestown Fishing Harbour,
the Cape Coast Sports Stadium and the construction of 1,000 boreholes.

In addition, Chinese
President Xi Jinping also pledged to encourage Chinese businesses to invest in
Ghana, and to participate actively in President Akufo-Addo’s flagship
programmes such as the ‘One District, One Factory’ and ‘Planting for Food and
Jobs’ towards the realisation of building a ‘Ghana beyond aid’.

He further underscored
the Chinese government’s commitment to support the country’s infrastructural
development, particularly, in the development of railways, through the Belt and
Road Initiative, which Ghana had signed onto already, as well as other initiatives
announced at the FOCAC Summit.

Mr Shi Ting Wang, the
Chinese Ambassador to Ghana, on his part, observed that the China-Ghana
Co-operation was the epitome of China-Africa Co-operation, saying that, China
always regarded Ghana as a reliable friend and a good partner for economic
development.

He thus, pledged the
Chinese government’s commitment to maintain and enhance the good bilateral
relations to higher heights that would mutually benefit the two nations.

GNA

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