South Africa is hoping its small and medium-sized enterprises (SMEs) will get a slice of the Chinese market and a chance to participate in infrastructure development projects in the Belt and Road (B&R) initiative, said a senior South African official.
"When we talk about infrastructure, people always think about big projects taken by big companies, but there is an opportunity for SMEs too," said Lindiwe Zulu, South Africa's Minister of Small Business Development.
Zulu said South African SMEs can play a role in infrastructure development under the B&R initiative.
Zulu hopes that South African SMEs will gain more exposure to the Chinese and global markets by participating in major trade fairs in China.
"We are exposing our smaller companies to the world, and part of what we think is important is to bring them here to China," she told Xinhua on the sidelines of the China International Small and Medium Enterprises Fair held in Guangzhou, capital of South China's Guangdong Province, from October 10 to Friday.
As a co-host, South Africa sent dozens of its SMEs to attend the fair, with businesses ranging from wine to engineering, fashion to agriculture.
"Our responsibility is to create a conducive environment for the SMEs, and to support the SMEs in the global market," she said.
The minister said some of the participating SMEs have never traveled abroad before, and so it is important for them to come out and understand "how the world is operating."
"It's not just about selling the products; it's also about looking for Chinese partners so that they can work together," she said. "I am hoping that many of the Chinese companies would also get an opportunity to go and see what the South African SMEs have brought to China."
During an interview with Xinhua, Zulu also highlighted the significance of the SMEs that participated in the fair in tackling major social issues in South Africa.
"We've got challenges of poverty, unemployment and inequality, so part of what our government is trying to do to address those issues is to support the SMEs as well as cooperatives," she said.
China and South Africa, both developing countries, face similar challenges, and learning from each other can be mutually beneficial, she said.
"What I think is important is that we've seen how China has really managed to leapfrog [in industrial development], and improved the lives of ordinary people," she said, noting that this is exactly what South Africa aims to do.
- Germany's Commerzbank partners with ICBC to support Belt & ... 2018-07-20
- Xi begins Mideast, Africa visits to help spread value of B&... 2018-07-19
- No dangers of so-called debt trap from China-funded infrast... 2018-07-18
- 'China speed' makes it a valuable partner for Latin America... 2018-07-18
- B&R can help UAE upgrade into a regional hub for Chinese vi... 2018-07-18