{"id":26622,"date":"2025-02-20T14:28:04","date_gmt":"2025-02-20T14:28:04","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=26622"},"modified":"2025-02-20T14:28:05","modified_gmt":"2025-02-20T14:28:05","slug":"guyana-china-trade-expands-by-14-in-2024","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/guyana-china-trade-expands-by-14-in-2024\/","title":{"rendered":"Guyana-China Trade Expands by 14% in 2024"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>By Celestine Chacon<\/em><br><em>January 31, 2025<\/em><\/p>\n\n\n\n<p>Trade between Guyana and China experienced significant growth in 2024, with an increase of US$1.4 billion, marking a 14.4 percent rise from the previous year. <\/p>\n\n\n\n<p>This positive development was highlighted by Charg\u00e9 d\u2019Affaires of the Chinese Embassy in Guyana, Huang Rui, during a dinner event hosted to celebrate the Chinese New Year.<\/p>\n\n\n\n<p>The annual dinner, organised by the Association of Chinese Enterprises in Guyana, was held at the Royal International Hotel\u2019s Banquet Hall on Mandela Avenue. <\/p>\n\n\n\n<p>Speaking at the event, Rui noted that 2024 was a remarkable year for economic and trade cooperation between the two nations. <\/p>\n\n\n\n<p>He expressed optimism about the future, emphasizing that bilateral trade relations are poised for continued expansion.<\/p>\n\n\n\n<p>Additionally, the Chinese diplomat reaffirmed China&#8217;s commitment to advancing high-quality projects in Guyana under the Belt and Road Initiative. <\/p>\n\n\n\n<p>He also revealed ongoing discussions regarding a Free Trade Agreement (FTA) and mutual visa exemption agreements between the two countries, which could further strengthen economic ties and foster greater collaboration.<\/p>\n\n\n\n<p>Minister of Finance and Public Service, Dr. Ashni Singh, also addressed the gathering, commending the Chinese community for their longstanding contributions to Guyana\u2019s development. <\/p>\n\n\n\n<p>He acknowledged their presence in various sectors, including business, academia, and the judiciary, emphasizing that their impact has been both visible and valuable.<\/p>\n\n\n\n<p>Chinese-Guyanese relations date back to 1853, when the first Chinese immigrants arrived in the country. <\/p>\n\n\n\n<p>In 1972, Guyana became the first English-speaking Caribbean nation to establish diplomatic relations with China.<\/p>\n\n\n\n<p>Over the years, cooperation between the two nations has deepened, with China playing a crucial role in Guyana\u2019s economic and infrastructural progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Celestine ChaconJanuary 31, 2025 Trade between Guyana and China experienced significant growth in 2024, with an increase of US$1.4 billion, marking a 14.4 percent rise from the previous year.&hellip;<\/p>\n","protected":false},"author":4,"featured_media":18836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,363,350],"tags":[],"class_list":["post-26622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-national-transformation","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=26622"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26622\/revisions"}],"predecessor-version":[{"id":26623,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26622\/revisions\/26623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/18836"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=26622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=26622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=26622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}