The Executive Mayor of Cape Town, Patricia de Lille, is in Shenzhen, China signing a twinning agreement.
(Also read our article: 5 reasons why China’s economic boom will keep on going on)
Gareth Bloor, Mayoral Committee Member of Tourism, Events and Marketing explained the benefits of this partnership to CapeTalk presenter Kieno Kammies.
According to Bloor, city diplomacy between Cape Town and Shenzhen presents several economic opportunities for both town's to benefit from.
Listen to the full conversation from CapeTalk's Breakfast with Kieno Kammies: (scroll down for quotes)
The growing African market creates a case for China to have operations in South Africa.— Gareth Bloor, MayCo Member of Tourism, Events and Marketing
If we want to get South African companies into the supply chain of Chinese firms, we've got to bring those firms here.— Garreth Bloor, MayCo member for Tourism, Events and Economic Development
China can take advantage of SADC and customs benefits to export to the growing African market.— Gareth Bloor, MayCo Member of Tourism, Events and Marketing
We have got to look at the key sectors were there are opportunities for employment and economic investment.— Gareth Bloor, MayCo Member of Tourism, Events and Marketing
South Africa has a free trade agreement that exempts us from customs.— Gareth Bloor, MayCo Member of Tourism, Events and Marketing