Ramaphosa told the investment forum in Beijing that with the GNU formed in South Africa, different political parties are working together for the interest of developing the nation.
Ramaphosa woos Chinese investors with promises of easy visas and ‘dramatic’ steps against crime in SA
Here hundreds of South African and Chinese businesspeople networked and negotiated deals. The Forum precedes the Forum on China-Africa Cooperation Summit which will be attended by the majority of African heads of State in Beijing on Thursday. “South Africa in many ways becomes more attractive in the sense that the reforms we have embarked upon will be sped up, they are going to be much deeper and much more meaningful and create much clearer, conducive environment for businesses to invest.”
“Yesterday I had the occasion to visit Shenzhen and we were dazzled by the enormous changes that have taken place over a period of 40 years or so. Particularly, we were deeply impressed by going to an electric vehicle manufacturing company. We informed them that as part of our reforms, we are now going to focus on a sector like electric vehicles and that wetted their appetite,” said Ramaphosa.
“I think that is one of the things that makes businesspeople and Chinese . We are going to address that so that when you come to South Africa, you come to a place that is much more welcoming, rather than the restrictions currently,” said Ramaphosa to applause from the attendees. Ramaphosa said the other impediment to investment which will receive his attention is the issue of safety and rampant crime in South Africa.
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