Nigeria- China trade increase to 11.7 billion dollars with within 8 month

Nigeria - China bilateral trade has hit $11.7 billion dollars within the first eight month of this year.This is already 36% increase from last year deals.

According to the Ambassador of China to Nigeria,in reception on Tuesday explain that his country is now contributing 30 percent to world economy and are planing to increase in trade volume import to $10 trillion within the next five years and $500 billion within this period.This plan of China government reform will enable the world benefit from China the more.

He further said that Nigeria is China strategic partner in Africa with bilateral relations in area such as agriculture,electric power,aerospace,science and technology, infrastructure, energy, telecommunication, education,so on.

He say Nigeria and china have alot in common,they both have the same date of independent.Nigeria October 1 1960 while China October 1 1949.Both of the country are the largest economic of their continent.Nigeria largest economic in Africa while China is the largest economic in Asia and second largest economic in the world,After the United State of America.

For Nigeria to fight poverty and to be able to progress to the first world like china,the ambassador say that Nigeria must learn from China.China was able to explored a road of development that such it own national condition and its own character,within decade what the develop world achieve in hundred of years.China has create some reforms that was able to drive the China economic of 9.8 percent increase annually.He finally said China is still having challenges with 200 million of it populate which is less that 20% of its population.