Current location:Culture Circuit news portal > travel
Outlook positive as China
Culture Circuit news portal2024-04-30 06:37:19【travel】8People have gathered around
IntroductionVisitors walk past the exhibition hall of the China-Africa Achievement Exhibition on High-Level Buil
Visitors walk past the exhibition hall of the China-Africa Achievement Exhibition on High-Level Building of the Belt and Road Initiative during the third China-Africa Economic and Trade Expo at the Changsha International Convention and Exhibition Center in Changsha, Central China's Hunan province, June 29, 2023. [Photo/Xinhua]
Trade between China and Africa grew to 1.88 trillion yuan ($260 billion) in 2022 from less than 100 billion yuan in 2000, data from China's General Administration of Customs showed.
The China-Africa Trade Index, released for the first time, had a base of 100 points in 2000, which reached 990.55 points in 2022, showing a rapid and positive development trend and reaching new heights.
The index details were disclosed during the ongoing third China-Africa Economic and Trade Expo in Changsha, capital city of Hunan province, on Thursday.
Chinese Vice-President Han Zheng said China firmly supports Africa in pursuing an independent and autonomous development path.
China will further promote cooperation between China and Africa in jointly building the Belt and Road Initiative, continuously deepen strategic alignment with African countries, strengthen cooperation in industrial and supply chain development and strive to enhance connectivity, Han said at the expo's opening ceremony.
Government officials said the diverse nature of cooperation between China and Africa and a highly complementary trade structure will play a key role in supporting economic and social development of both sides in the years ahead.
They said China, as the largest developing country, and Africa, as the largest developing continent, have consistently fostered broad cooperation across various sectors. These collaborations span a wide range of areas, including poverty alleviation, infrastructure enhancement and industrialization.
The theme of this year's expo is "Common Development for a Shared Future". It features more than 40 categories, covering green infrastructure, customs and quarantine, medicine and health, agricultural and food products, industrial parks, vocational education and other topics. The expo will continue till Sunday.
As China has always supported Africa's integration process, Jiang Wei, director-general of the Department of Western Asian and African Affairs in the Ministry of Commerce, said the government will actively encourage Chinese companies to leverage their strengths and participate in Africa's infrastructure development.
China has been actively exploring various channels such as cross-border e-commerce platforms to promote the entry of high-quality African products into its market, said Jiang.
China has maintained its position as Africa's largest trading partner for 14 consecutive years, according to the GAC.
With its digital and scientific evaluation system, the index will serve as a barometer for Chinese companies conducting economic and trade cooperation with African partners, said Lyu Daliang, director-general of the GAC's statistics and analysis department.
Bilateral trade continued its strong momentum in the first five months of this year, with a total import and export value of 822.32 billion yuan, representing a year-on-year increase of 16.4 percent.
Wang Lingjun, deputy minister of the GAC, said the government will further deepen cooperation with relevant departments of African countries in inspection and quarantine, and expand the variety of agricultural and food products imported to China.
"This will contribute toward the win-win cooperation between China and Africa, and maintain the stability of the global industrial and supply chains," he said.
Girma Amente, Ethiopia's minister of agriculture, said his country welcomes more Chinese companies to invest in the country's agricultural sector and wished to export more Ethiopian agricultural products, such as coffee, tea, spices and fruit, to China.
Jinzai Food Group Co Ltd, a Changsha-headquartered snack food company with more than 2,400 employees globally, said the company is expected to import 300 million yuan worth of dried fish products from Kenya this year, after setting up an aquatic product factory with 54 million yuan of investment in the East African country in May.
Apart from creating more than 1,000 jobs for local communities in the coming years, these dried fish products will be shipped and processed in China. They will be sold in both domestic markets and overseas markets such as Russia, Japan, South Korea, Germany and the United States, said Liu Teyuan, the company's executive vice-president.
Address of this article:http://comoros.whetstonetavern.com/article-11d199920.html
Very good!(624)
Related articles
- 7 Minnesotans accused in massive scheme to defraud pandemic food program to stand trial
- Nadal drawn against Cobolli at Barcelona Open. Spaniard trying to return from injury
- Senior Chinese legislator emphasizes importance of handling ethnic affairs according to the law
- U.S. a total hypocrite when it comes to safeguarding cybersecurity
- Israeli airstrike kills 14 in Gaza's refugee camp
- Morale plunges amid setbacks as Myanmar’s junta looks for scapegoats — Radio Free Asia
- Xiplomacy: Xi's vision on military cooperation for world peace, common development
- Certainty of China's development augurs well for the world
- Nicaragua severs diplomatic relations with Ecuador after assault on Mexican embassy
- Commentary: China's COVID policy optimization to propel global economic growth
Popular articles
Recommended
FAU's Vladislav Goldin to join Dusty May at Michigan, pulls name out of NBA draft
Certainty of China's development augurs well for the world
Commentary: China's COVID policy optimization to propel global economic growth
Evil tactics to demonize fight against virus
Chinese FM holds talks with Bolivian counterpart
Who is unhappy about Syria's return to the Arab League?
Putting people first: the guiding light in China's COVID fight
Commentary: Uncertain times call for steady China
Links
- China's Yangtze River sees improved water quality in 2023
- The pilots union at American Airlines says it's seeing more safety and maintenance issues
- China's largest freshwater lake sees rising water level
- Photo exhibition in Macao displays ancient civilization in Shanghai
- Revised budget adjustment removes obstacle as Maine lawmakers try to wrap up work
- Zion Williamson, at long last, set to suit up for the Pelicans in the NBA postseason
- China's national political advisory body holds leadership meeting
- Lloyd Omdahl, a former North Dakota lieutenant governor and newspaper columnist, dies at 93
- Royals catcher Salvador Perez sidelined by mild groin strain
- John Sterling retires from Yankees broadcast booth at age 85 a few weeks into 34th season