jeudi, mai 7, 2026
26.7 C
Yaoundé

China’s zero-tariff policy to boost African export confidence, global trade stability, says industry leader

►►China’s decision to grant zero-tariff treatment to products from 53 African countries is expected to bolster African economies’ confidence and strengthen global trade stability, an industry leader has said.

JOHANNESBURG-« China’s zero-tariff treatment can be a very constructive component of Africa’s trade toolbox, supporting resilience in uncertain times, » said Boitshoko Ntshabele, chief executive officer of the Citrus Growers Association of Southern Africa, in an interview with Xinhua.

 

The initiative comes at a critical time for Africa’s agricultural expansion, particularly for South Africa’s fast-growing citrus sector, he said.

« South African citrus production is on such a significant growth trajectory that unlocking its full economic potential requires improved access to all high-value markets like China, » the business leader said.

Highlighting the sector’s broader socio-economic contribution, Ntshabele noted that the country’s citrus industry currently supports about 140,000 jobs at the farm level alone and that expanded access to a large market such as China could create further employment opportunities and support rural development.

 

Many rural communities in South Africa rely heavily on agricultural exports, he said, adding that citrus-producing regions are likely to be among the first to benefit from improved market access under the new tariff policy.

The zero-tariff treatment, he said, will help expand trade access and deepen economic ties between Africa and China, while strengthening the continent’s external trade resilience amid global economic uncertainty.

 

Such policy measures could contribute to a more stable global trading system by promoting inclusive trade and reducing barriers for developing economies, helping diversify supply chains, he added.

African exporters are expected to gain a stronger foothold in one of the world’s largest consumer markets, reinforcing confidence in long-term economic cooperation and shared growth between Africa and China, Ntshabele said.

« We greatly value the opportunities the Chinese market holds, » he added.

 

By Xinhua

Hot this week

Eased range anxiety boosts NEV long-distance travel during May Day holiday

►►For Li Dongsheng, a new energy vehicle (NEV) owner,...
00:02:04

May Day holiday spending highlights China’s consumption dynamism

►►A vibrant mix of cultural and tourism activities unfolded...

Xinhua Headlines: Xi’s spring diplomacy injects stability into volatile world

►►Chinese President Xi Jinping has been busy this spring,...

Zero-tariff policy boosts China-Africa modernization drive

►►Amid rising volatility and growing protectionism in global trade,...

Posters: China’s holiday travel surges as visa-free arrivals rise

►►China saw a surge in cross-border travel during the...

Topics

Eased range anxiety boosts NEV long-distance travel during May Day holiday

►►For Li Dongsheng, a new energy vehicle (NEV) owner,...
00:02:04

May Day holiday spending highlights China’s consumption dynamism

►►A vibrant mix of cultural and tourism activities unfolded...

Xinhua Headlines: Xi’s spring diplomacy injects stability into volatile world

►►Chinese President Xi Jinping has been busy this spring,...

Zero-tariff policy boosts China-Africa modernization drive

►►Amid rising volatility and growing protectionism in global trade,...

Posters: China’s holiday travel surges as visa-free arrivals rise

►►China saw a surge in cross-border travel during the...

Xiconomics: China’s zero-tariff treatment boosts Africa’s development prospects

►►Observers say that China's zero-tariff policy will further dismantle...

Posters: China’s holiday travel surges as visa-free arrivals rise

►►China saw a surge in cross-border travel during the...
00:01:27

China’s new zero-tariff policy for Africa offers shared future in a fragmented world

  ►►China on Friday began implementing an expanded zero-tariff treatment...
spot_img

Related Articles

Popular Categories

error: Content is protected !!