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ADDIS ABABA, June 19 (Xinhua) -- A delegation of 70 companies from Shenzhen City, China's innovation hub [url=http://www.bvbfanshopdortmund.de/lukasz-piszczek-bvb-trikot.html]Lukasz Piszczek Trikot[/url] , is attending a show in Ethiopia's capital Addis Ababa and locals are thrilled about the ample business opportunities on the horizon.

The delegation is in the east African country for the China (Shenzhen) Trade and Investment Promotion Meeting and Shenzhen Products show from Monday to Tuesday.

Lu Pengqi, Vice Chairman of China Council for the Promotion of International Trade (CCPTI) says there is good reason why business delegation from Shenzhen will attract attention.

"With Shenzhen's Gross Domestic Product (GDP) reaching at 283 billion dollars in 2016 and GDP per capita standing at 25,000 dollars, the city is one of China's most developed and richest," Lu said.

Shenzhen transformed from little more than a fishing village to "China's Silicon Valley" in less than 40 years. It is home to a population of nearly 12 million and more than 5 [url=http://www.bvbfanshopdortmund.de/shinji-kagawa-bvb-trikot.html]Shinji Kagawa Trikot[/url] ,300 Chinese enterprises including tech giants Huawei, ZTE, and Tencent, which in total have made overseas investments estimated at 80 billion U.S. dollars.

While trade relations between Ethiopia and its top trading partner China has reached 3.6 billion dollars in 2016, investment from Shenzhen city and Guangdong province to Ethiopia still lags compared to other Chinese provinces [url=http://www.bvbfanshopdortmund.de/christian-pulisic-bvb-trikot.html]Christian Pulisic Trikot[/url] , says Tadesse Haile, Ethiopia's state Minister of Industry.

"Ethiopia offers Shenzhen a huge market as a next best destination in Africa, complemented by its desire to be a leading light manufacturing hub and middle income economy by 2025," says Haile.

Ethiopia's state minister of Industry was in particular referring to Shenzhen's reputation for knowledge intensive industries in addition to labor intensive industries like Textile and leather.

With Shenzhen popularly called China's "Silicon valley" for its reputation as innovation and entrepreneurship center, Ethiopia plans to tap its Information Communications Technology (ICT) ambitions on experiences from the likes of this entrepreneurial Chinese city.

The East African nation with a population of about 100 million [url=http://www.bvbfanshopdortmund.de/maximilian-philipp-bvb-trikot.html]Maximilian Philipp Trikot[/url] , is focusing on la