On 27 November 2024, the Chinese Embassy in Guyana convened a seminar themed `Stable Development of China’s Economy and The Prospects of Economic and Trade Cooperation between China and Guyana’.
A release from the Chinese Embassy said that more than 30 attendees including Presidents and other representatives from the Private Sector Commission of Guyana (PSC), the Georgetown Chamber of Commerce and Industry (GCCI), the Guyana Manufacturing and Services Association (GMSA), and the Senior Director of Guyana Office for Investment (G-Invest) participated in the event.
In 2024, it said that members of chambers of commerce attended several multilateral seminars such as the Seminar on Digital Economy and Industrial Upgrading for Chambers of Commerce and Industry under the Global Development Initiative and the Seminar on Enhancing Export Capacity for Chambers of Commerce and Industry of Latin American Countries.
Recently, the President of GCCI and the Director of G-Invest attended the 17th China-LAC Business Summit which was co-hosted by the China Council for the Promotion of International Trade and the Ministry of Development, Industry and Trade of Nicaragua in Managua, Nicaragua.
Ambassador of China to Guyana, Guo Haiyan provided an overview of China’s economic landscape. She emphasized that although there are certain objective challenges and difficulties, the Chinese government has adopted a full range of policies to drive economic development, with China’s economy achieving a robust year-on-year growth rate of 4.8% in the first three quarters of 2024. She stated that the fundamentals of the Chinese economy remain unchanged.
The Ambassador highlighted the strong economic complementarities between China and Guyana, underlining the significant potential for mutually beneficial cooperation, and encouraged companies of both countries to build up confidence and partnership, the release said.
Participants shared their experiences from visits to China and collaborations with Chinese counterparts, expressing admiration for China’s remarkable economic achievements, the release added.