Consul General of the People’s Republic of China in Lagos, Yan Yuqing, has said China intends to collaborate with Nigeria to reach its carbon emissions goals and achieve carbon neutrality in the shortest time in global history.
Yuqing spoke at the China-Africa (Nigeria) Production Capacity Cooperation Symposium, with the theme: ‘Enhancing Economic Growth Through Sustainable Partnership,’ organised by the Council for the Promotion of Infrastructural Trade, CCPIT in Lagos.
She also said due to the principles guiding China’s Africa policy, which include sincerity, real results, amity and good faith, China-Nigeria relations were steadily advancing, with deepening cooperation in trade, investment and contracted projects.
According to her, Nigeria and China can leverage their unique strengths, achieve complementary advantages, and enjoy mutual benefits and win-win outcomes, adding that Nigeria is the largest developing country in Africa, with a vast market size and abundant natural resources.
She said: “Its population is young, labour costs are advantageous, and it ranks high in oil and natural gas reserves. The country has a diverse range of mineral resources, vast and fertile lands suitable for cultivating various agricultural products, a strategic geographic location, and significant transportation advantages. Lagos is the largest port city in West Africa.
“These unique and natural endowments provide a solid foundation for Nigeria’s economic development. This year, Nigerian President Tinubu raised the ‘Renewed Hope’ policy initiative, with a focus on the development of industries vital to the well-being of its people. Sectors such as agriculture, mining, manufacturing, and services hold immense growth potential.
“The most complete industrial chain in the world gives China the capability to independently produce and manufacture everything from primary products to high-end finished goods. In recent years, China has demonstrated strong technological and innovative strength in many high-tech fields, such as 5G, artificial intelligence, and new energy. New industries, new business forms, and new models are yielding new economic growth.
READ MORE FROM SOURCE: https://www.vanguardngr.com/2023/11/china-to-collaborate-with-nigeria-to-achieve-carbon-neutrality-yuqing/