Zambian Ambassador to China, Ivan Zyuulu, presided over the launch of the China–SCO Economic and Trade Exchange Centre and the Guangdong and Macao Development Platform in Guangzhou.

The initiative follows a cooperation agreement signed in October 2025 between the Zambia Development Agency and the Guangdong–Hong Kong–Macao Development Committee of the China–SCO Economic and Trade Exchange Centre.

The platforms build on outcomes from the 2025 SCO Heads of State Summit held in Tianjin and are intended to translate diplomatic engagement into commercial activity.

The Guangzhou-based centre will serve as a hub for mobilising Chinese and SCO-region enterprises to explore investment and trade opportunities in Zambia, particularly in priority sectors.

Wang Rui Cai, Director of the China–SCO Economic and Trade Exchange Centre, committed institutional backing to the Zambian push, including office space and professional services to support the promotion of Zambian projects.

This support is expected tolower entry barriers for Chinese firmsconsidering ventures in the southern African nation.

On the sidelines of the launch, Zyuulu met Ma Wenfeng, Director General of the Foreign Affairs Office of Guangdong Province.

The engagement comes as copper-rich Zambia adopts more flexible financial arrangements with Beijing.

The country recently began accepting Chinese yuan for mining taxes and royalties from Chinese-owned firms, becoming the first African nation to do so, a move officials see as supporting the kwacha by reducing reliance on the US dollar.

Source: Africabusinessinsider