The Zimbabwean government and Qingdao, a port city of east China's Shandong province, on Jan. 6, 2016, signed a Memorandum to facilitate investment and trade between the two parties. [qdbofcom.gov.cn]

The Zimbabwean government and Qingdao, a port city of east China's Shandong province, on Jan. 6, 2016, signed a Memorandum to facilitate investment and trade between the two parties.

Qingdao deputy mayor Wang Wei led the 10-member Chinese delegation comprising representatives of Qingdao Overseas Investment Services, Qingdao Bank of China and among others to the country for investment opportunities.

The delegation is reciprocating a visit to the port city by Vice President Emmerson Mnangagwa mid-last year.

According to the delegation, bilateral trade between the two parties reached US$19.43 million in 2014.