Economy

Bilateral trade hits US$7.5 billion as China backs Zambia’s mining transformation

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Bilateral trade between China and Zambia had reached approximately US$7.5 billion by the end of 2025, Chinese government officials have said.

Chinese investment in Zambia had also exceeded US$3.8 billion as of December 2024, highlighting the growing economic partnership between the two countries.

The figure was disclosed in Beijing during the opening of a seminar on mining transformation and digitalisation for Zambia, by Director of the Coordinating Office of the Academy for International Business Officials, Yang Shengyan.

Shengyan also reaffirmed his government’s commitment to strengthening cooperation with Zambia through skills development, technology transfer and practical collaboration.

He stated that the cooperation was aimed at transforming Zambia’s mining industry.

“Against this background, China expresses its willingness to share practical experiences with Zambia in mining development, smart mine construction and digital transformation,” Shengyan said.

He emphasised that green mining, smart technologies and digital transformation were becoming increasingly important to the future of the global mining industry and modern mining now depends on innovation and technology.

“Emerging technologies, including artificial intelligence in mineral exploration, smart mine development and new energy applications, are key drivers of modern mining,” Shengyan said.

Meanwhile, Zambian Group Representative Nancy Lagerstedt said the future success of Zambia’s mining sector depended not only on increasing production but also on adopting modern technologies, improving processing and promoting innovation to maximise value.

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“Mining remains central to Zambia’s economic development, the sector contributes significantly to investment attraction, employment creation and national revenue,” Lagerstedt said.

She said the seminar provided an important opportunity for skills and technology transfer which would help improve operational efficiency and strengthen transparency in Zambia’s mining industry.

“Zambia is particularly keen to learn from China’s experience in mining modernisation and technological innovation,” Lagerstedt said.

She said Zambia wanted to learn from China’s experience in industrial development and the use of new technologies as such lessons would help Zambia modernise its mining sector.

Lagerstedt said China remained committed to strengthening cooperation with Zambia for mutual benefit and practical collaboration would support sustainable growth in the mining sector.

The Zambian delegation comprised officials from the Ministry of Mines and Minerals Development, the Minerals Regulation Commission and Smart Zambia, taking part in the training programme in Beijing.

The programme is aimed at equipping the delegation with knowledge and practical insights into mining transformation and digitalisation and focuses on modern technologies and innovative approaches to mining development.

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