• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Chinese Diplomat Says Nigeria Is China’s “Second Largest Export Market”

Nairametrics by Nairametrics
February 7, 2016
in Business News
Share on FacebookShare on TwitterShare on Linkedin

One of the biggest economic challenges Nigeria facing Nigeria today is its reliance on foreign imports of goods and services to survive. Even for its nascent manufacturing industry, it requires imports in the area of technological transfers, raw materials input and even tools and equipment required for manufacturing.

This problem was again brought to light in a statement credited to the Chargé d’Affaires of the Chinese Embassy in Nigeria, Qin Jian, at an event celebrating the 45th anniversary of diplomatic relations between Nigeria and China.

“Last year, President Xi met with President Muhammadu Buhari in New York and Johannesburg respectively. The two leaders exchanged views on bilateral cooperation and issues of common concern, reached wide-ranging consensus, and charted the direction of future development of China-Nigeria strategic partnership.

“Now, Nigeria has become the largest engineering contracting market, the second largest export market, the third largest trading partner and major investment destination of China in Africa.”

According to the National Bureau of Statistics, Nigeria’s import from China was a total of N4.2 trillion for the period January 2013 to September 2015.  Contrast to total exports of N547 billion within the same period. President Buhari has also claimed that China is important to its developmental goals this year.

RelatedStories

Breaking news

BREAKING: Nigeria’s inflation rate eases to 22.22% in June 2025 

July 16, 2025
Gold mining: Thors Exploration agrees to pay N1.2 billion PAYE tax assessment – Osun Government

Adeleke reduced Osun’s debt profile by 43% between 2022 and 2025 – State Govt 

July 16, 2025

“Africa expects Chinese investment flows to the real sector of our economies to promote African enterprises. Our over-riding objectives are to tackle the challenge of unemployment, wealth creation, food security and industrialization.” President Buhari said

 

Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

Breaking news
Breaking News

BREAKING: Nigeria’s inflation rate eases to 22.22% in June 2025 

July 16, 2025
Gold mining: Thors Exploration agrees to pay N1.2 billion PAYE tax assessment – Osun Government
Economy

Adeleke reduced Osun’s debt profile by 43% between 2022 and 2025 – State Govt 

July 16, 2025
List of 18 mobile money operators in Nigeria insured by NDIC
Financial Services

World Bank: Mobile money fuels record financial inclusion in Nigeria, other developing economies in 2024 

July 16, 2025
Billionaire and Oracle co-founder, Larry Ellison
Billionaire Watch

Larry Ellison, Jensen Huang are $11.6 billion richer in 24 hours 

July 16, 2025
FCT High Court, Benjamin Joseph, zinox
Breaking News

Appeal Court reverses N579bn Stamp Duty payment to Kasmal Services in CBN’s favor 

July 16, 2025
Federal High Court, REA
Legal & Regulations

NDPC urges Court to dismiss Meta’s suit over $32.8 million data privacy sanction 

July 16, 2025
Next Post
Has Inflation Rate Changed?

Here Is What The Senate President Told Tomato Sellers Who Came Asking For Help

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • BREAKING: Nigeria’s inflation rate eases to 22.22% in June 2025 
  • Adeleke reduced Osun’s debt profile by 43% between 2022 and 2025 – State Govt 
  • World Bank: Mobile money fuels record financial inclusion in Nigeria, other developing economies in 2024 

Follow us on social media:

Recent News

Breaking news

BREAKING: Nigeria’s inflation rate eases to 22.22% in June 2025 

July 16, 2025
Gold mining: Thors Exploration agrees to pay N1.2 billion PAYE tax assessment – Osun Government

Adeleke reduced Osun’s debt profile by 43% between 2022 and 2025 – State Govt 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics