In a bid to further develop strong business ties with Chinese businesses, the KwaZulu-Natal government on Monday hosted a delegation from the country’s Hubei province.
“We are determined to take advantage of opportunities offered by being part of Brics," said KZN premier Willies Mchunu.
"Having hosted the Brics Summit we understand that this bloc is an organisation established to safeguard the interests of the so-called developing nations.”
KZN premier Willies Mchunu said in a statement.Mchunu added that Jingmen Hubei, a company from Hubei Province, would be opening two more factories, in Izimbokodweni and Umgababa, south of Durban.
This was in addition to a project in Cato Ridge where Jingmen Hubei has acquired a 60% percent stake in Shu Powders, a cobalt powder manufacturer.