The Zambian Embassy in China organised a business and cultural exchange event in Beijing on Wednesday for Chinese business leaders.

The gathering served as a platform for fostering deeper collaboration in investment, trade, and culture, featuring performances of Zambian music and dance, along with demonstrations of Chinese martial arts and traditional medicine.

During the opening, Zambian Ambassador Ivan Zyuulu’s speech highlighted the efforts of both countries' leaders in advancing the China-Zambia comprehensive strategic cooperative partnership, showcasing their strong and ongoing collaboration.

Furthermore, he added that the relationship has made substantial progress across various sectors. He also underscored that, through the Belt and Road Initiative and the Forum on China-Africa Cooperation, China's outward direct investment has played a crucial role in Zambia's economic growth, China Daily reports.

In addition, Lordwell Kalubankwa, the economic counsellor at the Zambian Embassy in China, said in his speech that Zambia is rich in natural and tourism resources, including globally renowned natural wonders such as Victoria Falls.

In recent years, the Zambian government has actively enhanced the investment climate and implemented a range of favourable policies, which have drawn numerous international investors.

Kalubankwa also said that Zambia places great importance on its cooperation with China and hopes that this event will serve to strengthen collaboration in areas such as infrastructure development, agricultural modernisation, and tourism, with the goal of achieving mutual benefits.

Representatives from various Chinese companies have already expressed strong interest in investment opportunities in Zambia. Several company spokespeople noted in their speeches that Zambia holds significant market potential and complements China's industrial structure.