China has described its economic relation with Namibia as a good example of China-Africa relations model.
Chinese Ambassador to Namibia Xin Shunkang stated this in a statement at an event to commemorate China’s 66th anniversary in Windhoek.
Shunkang said the development of China’s economy that surpassed many of those in the west over the past decade is the important foundation of China-Africa cooperation.
In Namibia, China has invested over N$64 billion ($4.6 billion) from independence in 1990 to 2014.
He added that bilateral trade volume between the two nations has reached N$12 billion ($863 million in 2014, which is 16.78 percent higher from 2013.
‘Chinese companies running businesses in Namibia abide by the Namibian laws and regulations, employing as many citizens as they can and create over 6 000 jobs’, the ambassador said.
‘I firmly believe that with the joint efforts of both sides, the friendly relations and cooperation between China and Namibia will become more vitalized like the Welwitschia (a plant that has adapted to harsh desert conditions) in the Namib Desert,’ the envoy added.
Shunkang revealed that over 40 Chinese companies are operating in Namibia in different sectors including construction, telecommunications and mining.