Kenyan investors urged to consider Hong Kong a gateway to Chinese market

Kenyan investors especially in the agricultural sector have been urged to consider using Hongkong gateway to access the Chinese mainland market.

According to the Hong Kong Trade Development Council the city has a well elaborate and defined financial sector that can help Kenyan traders and business easily access capital and financial services for their businesses.

Prof. Guo Tse, the Economic and Commercial Counselor of China based in Nairobi said that China is interested on increasing agricultural imports from Kenya and there is need for Kenyan producer to focus on quality produce to meet the Chinese market demands.

Trade between Kenya and China escalated to over 300 billion shillings last year with Kenya exporting goods worth 9.8 billion shillings to the Chinese. This is an indication of trade imbalance in favor of China which has led to Kenyan investors being urged to form partnerships with their Chinese counterparts to access funds,technologies, equipment and skills to produce quality goods that meet the demands in the Chinese market.

China is planning to have the second International Import Expo in November this year.