The Kenya National Pavilion (Guangzhou) was unveiled, and a special window to facilitate Chinese companies’ investment in Africa was opened.
From October 17th to 18th, the third "Belt and Road" International Cooperation Summit Forum was held in Beijing. Kenyan President Ruto led a high-profile delegation to China to participate in the event.
On the morning of the 19th, the China-Kenya Business Exchange Symposium, co-sponsored by the Kenyan Ministry of Investment and the Kenya-China General Chamber of Commerce, was held in Guangzhou. Chepkemei June, Director of the Kenya Investment Authority, Charles Kilonzo, Chairman of the National Industrial Park, James Mbaluka, Deputy Minister of Health and Chairman of the Tobacco Control Committee, etc. attended the meeting and delivered speeches. Chen Congcong, President of the Kenya China General Chamber of Commerce, Ms. Liang Yuan, CEO of Aofen International Hong Kong Co., Ltd. Zhu Hao, CEO of Chuangshi Falcon, Ms. Mai Youwen, chairman of Hong Kong Youtai Industrial Co., Ltd., Han Hucheng, chairman of Zuoye Coffee (Dongguan) Co., Ltd., Li Donghua, representative of Easy Home, and nearly a hundred Chinese entrepreneurs attended the meeting.
During the meeting, the Kenyan National Pavilion (Guangzhou) was unveiled, and a special signing ceremony for cooperation between Chinese companies in Kenya was held on site, marking the first gong for the opening of China’s special window for Chinese companies to invest in Africa. The meeting was chaired by Wang Jing, vice president of the China General Chamber of Commerce in Kenya and chairman of Aofen International.
Chen Congcong, president of the Kenya-China Chamber of Commerce, said that Kenya’s economic performance in East Africa continues to be strong and its politics are stable; the Kenyan people are hospitable and have a group of well-educated human resources. Foreign companies can enjoy various types of tax exemptions when entering Kenya. They can enter the African market with a population of 1.3 billion through the window of Kenya and enjoy great investment convenience. As a foreigner, you can 100% own a company in Kenya; Kenya has no foreign exchange restrictions and can repatriate 100% of profits. Chen Congcong said that the successful convening of the third "Belt and Road" International Cooperation Summit Forum has injected strong impetus into global economic growth with the help of the "Belt and Road" east wind of "high-quality joint construction" and "common development and prosperity", allowing Kenya to accelerate its The "bridgehead" for Chinese companies to enter the African market.
