BusinessDay.gif China offers wide-ranging assistance package to SA RDM Newswire, Business Day, Johannesburg, 20 July 2015 The Chinese government has agreed to help SA advance its industrialisation programme, develop special economic zones and fast-track its infrastructure build programme. The agreed initiatives are among the outcomes of the five-day visit to the world's second biggest economy last week by Deputy President Cyril Ramaphosa, according to the Presidency. Mr Ramaphosa returned to the country on Sunday. China will also assist SA in developing its oceans economy and human resources, as well as assist the country with access to development finance. In addition, the Chinese Academy of Governance has agreed to a placement of South African government officials and business leaders on a training and skills-development programme. "South Africa's National School of Government will finalise details with counterparts in the Chinese Academy of Governance. Initiatives are already under way to identify relevant training programmes for public service managers," the Presidency said in a statement. It added that the visit had provided an opportunity for Mr Ramaphosa and his delegation to examine how lessons from the Chinese model of state-owned enterprises could assist SA in promoting industrialisation and economic development. "South Africa and the Peoples Republic of China will extend the terms of the memorandum of understanding between the Department of Public Enterprises and SASAC (China's state-owned Assets Supervision and Administration Commission) on the management of state-owned enterprises," it said. "This aims to enhance the capacity of the state to position state-owned enterprises to drive industrialisation and unlock private sector investment between the two countries." Each of the companies the deputy president visited had expressed an interest in establishing or expanding existing operations in SA, it said. Several undertook to provide training opportunities to young South Africans in China. This included a firm offer from Huawei to support a five-year ICT training programme for 1,000 South Africans students aiming to pursue a career in technology and innovation. RDM Newswire From: <http://www.bdlive.co.za/national/2015/07/20/china-offers-wide-ranging-assis tance-package-to-sa> http://www.bdlive.co.za/national/2015/07/20/china-offers-wide-ranging-assist ance-package-to-sa -- -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . --- You received this message because you are subscribed to the Google Groups "YCLSA Discussion Forum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
