islands: Agriculture, forestry and fisheries are the main economic pillars, according to Global Times China. It mainly exports wood, fish and products such as cocoa and coconut. As an economically underdeveloped country, the Solomon Islands has a lot to offer for Chinese investors, particularly in areas where China has a technological advantage, Zhao Shaofeng, an associate professor from the Pacific Islands Research Center at Liaocheng University in East China's Shandong Province, told the Global Times. Most daily necessities, home appliances, rice, industrial manufactured goods and petroleum are imported, Zhao said. The average monthly wage on the Solomon Islands is 2,000 to 3,000 yuan 281 to 422 according to Zhao. Locals largely rely on working in Australia and New Zealand for income, or working in local restaurants and businesses.
(news.financializer.com). As
reported in the news.
Tagged under islands, cocoa coconut topics.