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The Eastern Cape Development Corporation says it has facilitated export contracts for Eastern Cape companies to China of more than a billion rand in the first six months of the 2013/2014 financial year.
The development financier says a total of 54 new and existing businesses were assisted with integrated export development support.
Six Eastern Cape companies participating at a permanent trade fair in Ningbo, China, have made significant inroads into the lucrative Chinese consumer market, securing growing orders and distribution channels for their products.
ECDC market access specialist, Zodwa Kepeyi says Ningbo therefore presents immense opportunities for the Eastern Cape, as it could serve as a channel for Eastern Cape products to larger markets within China and the rest of the world.
Kepeyi says the recent launch of the East London Exporters Club should also provide a platform for the city's exporters to become globally competitive and to convert local traders into international players.
