Chinese Ambassador to Liberia, Ambassador Yin Chengwu, at Liberia’s 2025 investment conference urged the government of Liberia to maintain an open, equitable, transparent, stable, and predictable business environment for all investors.
By Lincoln G. Peters
Monrovia, July 18, 2025: The program brought together international development partners, business associates, entrepreneurs, and government officials, including Vice President Jeremiah K. Koung, Jeff B. Blibo, Chairman and CEO of the Liberia National Investment Commission, and MacDella Cooper, Senior Presidential Advisor, among others.
Delivering a special Remark at the program held at the EJS Ministerial Complex in Monrovia, Amb. Yin said that investment requires openness, cooperation, mutual benefits and win-win outcomes.
According to him, at this moment, the world is witnessing a troubling global trend: the persistent rise of unilateralism and protectionism, the growing politicization of economic issues, and the artificial fragmentation of global markets.
He further stated that the tariff offensives of some countries against the world are particularly alarming, adding that these unilateral actions severely undermine the international economic and trade order, disproportionately impact Africa’s economic development, and put the resolve of African nations to attract investment and build open economies to the test.
Therefore, based on that, the Chinese envoy urged that, looking ahead, the prospects for deepening China-Liberia investment cooperation remain vast, with significant potential for collaboration in industrial and supply chain cooperation and integration.
He suggested that to further advance the China-Liberia bilateral investment partnership, Liberia should first focus on enhancing strategic synergy by actively promoting alignment between China’s modernization drive and Liberia’s ARREST agenda.
He lamented that with the deepening implementation of the China-Africa Partnership for Common Development Framework, he is confident that the two nations will identify more converging interests and deliver additional flagship cooperation projects.
Secondly, optimizing the Business environment. We encourage the Liberian government to maintain an open, equitable, transparent, stable, and predictable business environment for all investors. China is ready to sign and implement bilateral investment promotion and facilitation agreements with Liberia,” Ambassador Yin noted.
Thirdly, he recommended pioneering emerging Sectors, adding that while consolidating traditional cooperation, they should vigorously expand investment in the green economy, such as renewable energy & environmental technologies. Additionally, they should focus on digital transformation, including AI, e-commerce, smart cities, tech innovation & smart Agri-mining, to cultivate new growth engines.
“Fourthly, Strengthening Institutional Frameworks. Fully leverage existing bilateral economic mechanisms to facilitate real-time information exchange, address operational challenges, and provide targeted corporate guidance. Lastly, Fostering People-to-People Bonds. Investment thrives on mutual understanding. We advocate enhanced exchanges between business communities, think tanks, and media organizations, to solidify public support for cooperation,” he concluded.
