Deputy President Paul Mashatile on Wednesday expressed confidence in potential opportunities for collaboration and mutual growth between South Africa and China, noting that both countries can leverage strengths and capabilities to further build supply chains that are not only efficient and cost-effective but also sustainable and resilient.

Mashatile was speaking at the opening ceremony of the third China International Supply Chain Expo (CISCE), where he said the fact that China and South Africa had a strong desire to diversify and expand trade between Africa and China was crucial to South Africa’s efforts to create solid supply chains.

He highlighted that South Africa’s export portfolio to China comprised mainly basic commodities.

“While the trade volumes confirm South Africa’s natural endowment, the heavy slant towards mineral-based exports belies our advanced infrastructure, our diversified industrial base, and our leading service sectors,” he said.

Mashatile expressed South Africa’s committed to strengthening global supply chains and fostering resilience in challenging environments.

“In today's rapidly changing world, the global supply chain landscape is facing unprecedented challenges, from natural disasters to political upheavals. Despite ongoing challenges, South Africa's supply chain sector is experiencing growth, driven by increased e-commerce activity and technological advancements,” he stated.

He noted that the country’s business communities had been resilient and was adapting through strategies such as diversifying suppliers, holding more inventory, and investing in digital transformation.

“As government, we have also adopted policies and strategies that are conducive for business to strive. We understand the importance of building robust supply chains that can withstand disruptions and ensure the efficient flow of goods and services,” he highlighted.

Mashatile explained that the country’s diverse economy and strategic location made South Africa a natural gateway for trade and investment, connecting Africa to the rest of the world.

“We are accompanied by 30 manufacturers and producers of uniquely South African products and services. These products and services showcase the diversity of South African exports, ranging from ethically sourced and clean cosmetics comprising pure natural extracts as well as durable electro technical equipment that has passed the tests of extreme African climate conditions,” he said.

He highlighted companies showcasing the finest of South African clothing, leather and footwear.

“We are exceptionally proud of the delegation that comprises plastics, chemical and mining engineering firms whose services have met the Chinese standards such that they have been able to jointly complete infrastructure projects with Chinese firms,” he said.

Mashatile said he believed the CISCE would be instrumental in linking up Chinese buyers and importers with South African producers.

“One of the most critical steps in South Africa’s journey to balancing its trade with China will be the extensive listing of South African products on e-commerce platforms like Alibaba.

“We are also making efforts to ensure the placement of quality South African products in various free trade zones throughout China,” he said.