Prime Minister Mizengo Pinda admires a Chinese-made motorcycle at the
ongoing Brands of China Africa exhibitions at the Diamond Jubilee Hall
in Dar es Salaam on Tuesday
.
PHOTO|FILE
In Summary
Through the cooperation, local small and
medium-scale entrepreneurs will be able to learn how the Chinese have
managed to make tremendous achievements.
Dar es Salaam. Tanzania business communities
have been challenged to emulate their Chinese counterparts in order to
enhance competitiveness that will in turn improve innovation.
According to Tanzania Chamber of Commerce,
Industry and Agriculture (TCCIA),communities should draw lessons from
business principles undertaken by their Chinese counterparts to explore
and venture into available business opportunities.TCCIA president Peter
Chisawillo said Tanzanian business communities should explore good
existing bilateral relations between Tanzania and China to establish
meaningful business networks.
“Tanzanian firms and their Chinese counterparts
should look at business opportunities which exist in the two countries
and achieve higher economic growth,” Mr Chisawillo said on the sidelines
of the Brand of China Africa exhibitions in Dar es Salaam.
“Through the cooperation, local small and
medium-scale entrepreneurs will be able to learn how the Chinese have
managed to make tremendous achievements,” he added. Mr Chisawillo urged
Chinese entrepreneurs to help their Tanzania counterparts with
technology and expertise in product processing in order to add value to
the goods before exporting them to China.
For his part, the Chinese ambassador to Tanzania,
Mr Lu Youqing, said his country was keen to facilitate more trade and
investments among business communities in the two countries. “The focus
is now shifting from material exports to finished goods,” noted Mr
Youqing, adding that there was a need for Tanzanians to add value to
their products before exporting them. “We are willing to cooperate with
the Tanzania so as to improve some sectors like infrastructure, mining,
information and communication technology and agriculture,” he said.
SOURCE: THE CITIZEN
SOURCE: THE CITIZEN
