Deputy President Paul Mashatile addressed the opening ceremony of the third China International Supply Chain Expo (CISCE) in Beijing on Wednesday, calling for deeper cooperation, resilient supply chains, and a more inclusive global economy.
Standing before an international audience at the Shunyi Centre, Mashatile did not shy away from the complexities of the modern supply chain context, highlighting that “the global supply chain landscape is facing unprecedented challenges, from natural disasters to political upheavals.”
Optimistic outlook
Yet, his outlook was unmistakably optimistic.
“Despite ongoing challenges, South Africa’s supply chain sector is experiencing growth. It’s driven by increased e-commerce activity and technological advancements.”
Mashatile praised the resilience and adaptability of South African businesses.
“Our business communities have been resilient and adapting. Through strategies like diversifying suppliers, holding more inventory, and investing in digital transformation.”
He underscored the role of government.
“We have also adopted policies and strategies that are conducive for business to thrive. We understand the importance of building robust supply chains. Ones that can withstand disruptions and ensure the efficient flow of goods and services.”
Mashatile said South Africa’s diversity and geography were strategic assets.
Diverse economy
“Our diverse economy and strategic location make us a natural gateway for trade and investment. One that is connecting Africa to the rest of the world.”
As South Africa makes its debut at CISCE, Mashatile takes pride in the nation’s offerings.
“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 to durable electrotechnical equipment that has passed the tests of extreme African climate conditions.”
“Naturally, our offering would not be complete without companies that are showcasing the finest of South African clothing, leather, and footwear.”
The delegation also includes trailblazing plastics, chemical, and mining engineering firms.
“We are exceptionally proud of the delegation that comprises plastics, chemical, and mining engineering firms. These firms’ services have met the Chinese standards such that they have been able to jointly complete infrastructure projects with Chinese firms.”
Business and trade links
Mashatile’s hopes for the expo were both practical and ambitious. He said: “It is our firm belief that CISCE will be instrumental in linking up Chinese buyers and importers with the South African producers at the stands today.
“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.”
He emphasised efforts to facilitate the entry of South African products into free trade zones across China. Also the importance of knowledge-sharing.
“These various opportunities to obtain first-hand market information and to understand the Chinese distribution channels, barriers, and procedures for entering and supplying the Chinese market will crystallise our efforts to strengthen business relations between the South African companies and Chinese entities. With the aim of developing long-term business.”
Mashatile also positioned South Africa as a champion of the African Continental Free Trade Area (AfCFTA).
“South Africa’s strong industrial base, advanced financial sector, and strategic location make it well-positioned to contribute to the implementation of free trade agreements, particularly the African Continental Free Trade Area (AfCFTA),” he said.
Africa’s transformation
He invited China to join Africa’s transformation.
“For South Africa, the AfCFTA offers a chance to diversify exports, especially manufactured goods, and reduce reliance on traditional markets. For China, it presents an opportunity to further its economic partnerships with African nations. This by investing in value chains and potentially becoming a key destination for African exports.”
He also struck a forward-looking note on renewable energy.
“To diversify its energy balance, reduce carbon emissions, and improve energy security, South Africa is also rapidly increasing its dependence on renewable energy sources. We have set ambitious targets for renewable energy deployment. Particularly in solar and wind power.”
Master plan
He gave details on the government’s vision.
“Through the Renewable Energy Masterplan, we have set out how South Africa can set up a new manufacturing industry in renewable energy and battery storage value chains. The masterplan also aims to attract at least R15-billion (US$784 million) in investment by 2030. And also train ‘green workers’ for employment in 25,000 direct jobs.”
Looking ahead to the G20 Summit in November 2025, Mashatile made robust promises.
“We also look forward to hosting Chinese and other international buyers, importers, and distributors. This in a tailored procurement mission that we will arrange on the margins of the G20 Summit in November 2025.”