China-Africa economic, trade cooperation reaches new heights
4 months ago

China-Africa economic, trade cooperation reaches new heights

China Daily  

Photo taken on May 8, 2022 shows a section of the Nairobi Expressway in Nairobi, Kenya. Growing trade, investment cooperation "China has remained Africa's largest trading partner for 15 consecutive years," Tang said, noting that in 2023, China-Africa trade reached $282.1 billion, up nearly 11 percent compared with 2021, which demonstrates the strong resilience of China-Africa trade. China-aided projects benefit Africa At Tuesday's press conference, Liu Junfeng, deputy head of the China International Development Cooperation Agency, said that tasks related to Chinese aid and development cooperation under the nine programs have all been completed over the past three years, with tangible results. "China will expand institutional opening up to Africa and deepen cooperation on industrial and supply chains, so as to further advance China-Africa economic cooperation and development linkage for shared benefits," Tang said. "The entrepreneurs conference will encourage Chinese and African business communities to communicate and build consensus, promote the implementation of new measures for practical cooperation, further expand the influence of the summit, and promote the high-quality development of China-Africa economic and trade cooperation," Shen said.

China Africa Trade Development Investment Economic Cooperation Projects Digital Innovation Poverty Reduction Green Development Chinese Tang African Nairobi Liu Shen Chinese Companies Focac  trade  african  chinaafrica  china  reaches  projects  development  africa  cooperation  economic  chinese  investment  heights

History of this topic

Forum fosters ties between China, Africa
1 month ago

Forum fosters ties between China, Africa

China Daily  

By EDITH MUTETHYA in Nairobi, Kenya | China Daily | Updated: 2024-11-22 10:26 FILE PHOTO: Nigerian President Bola Ahmed Tinubu speaks at the opening ceremony of the ninth Forum on China-Africa Cooperation Summit, at the Great Hall of the People in Beijing, China, September 5, 2024. Wang Wen, dean of Chongyang Institute for Financial Studies at Renmin University of China, …

Forum fosters ties between China, Africa
1 month ago

Forum fosters ties between China, Africa

China Daily  

By EDITH MUTETHYA in Nairobi, Kenya | China Daily | Updated: 2024-11-22 10:26 FILE PHOTO: Nigerian President Bola Ahmed Tinubu speaks at the opening ceremony of the ninth Forum on China-Africa Cooperation Summit, at the Great Hall of the People in Beijing, China, September 5, 2024. Wang Wen, dean of Chongyang Institute for Financial Studies at Renmin University of China, …

What is behind the success of the Forum on China-Africa Cooperation?
Trending News
1 month ago

What is behind the success of the Forum on China-Africa Cooperation?

China Daily  

MA XUEJING/CHINA DAILY In the current wave of globalization, countries around the world are increasingly interconnected, leading to the establishment of numerous platforms for dialogues and exchanges. As the Chinese President Xi Jinping put it at the FOCAC Summit back in 2018, "We need to make sure our cooperation delivers real benefits to us both in China and in Africa." …

What is behind the success of the Forum on China-Africa Cooperation?
Trending News
1 month ago

What is behind the success of the Forum on China-Africa Cooperation?

China Daily  

MA XUEJING/CHINA DAILY In the current wave of globalization, countries around the world are increasingly interconnected, leading to the establishment of numerous platforms for dialogues and exchanges. As the Chinese President Xi Jinping put it at the FOCAC Summit back in 2018, "We need to make sure our cooperation delivers real benefits to us both in China and in Africa." …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 1 week ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 1 week ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

Africa’s Geopolitical Shift: China’s Expansion and India’s Strategic Challenge
1 month, 1 week ago

Africa’s Geopolitical Shift: China’s Expansion and India’s Strategic Challenge

The Hindu  

Published : Nov 11, 2024 23:07 IST - 15 MINS READ The 2024 summit of the Forum on China-Africa Cooperation, held from September 4 to 6 in Beijing, has reinforced China’s geopolitical clout over Africa. The growing stature of China in Africa, in what China calls the “new era”, has markedly upset the established geopolitical configurations in the continent and …

China’s relationship with Africa is growing murkier
1 month, 2 weeks ago

China’s relationship with Africa is growing murkier

Live Mint  

It has been the highlight of most African leaders’ diplomatic calendar for nearly a quarter of a century. Billed by China’s foreign ministry as a “grand reunion of the China-Africa big family", more than two dozen African leaders are in attendance. The relationship is less frenzied than in the 2000s and 2010s, when China’s state-backed banks funnelled billions into Africa’s …

Deep Dive into Governance: African and Chinese Leaders Discuss Shared Future
Trending News
1 month, 3 weeks ago

Deep Dive into Governance: African and Chinese Leaders Discuss Shared Future

China Daily  

A seminar on governance and China-African relations was held in Beijing, bringing together civil servants from various African countries. The event aimed to deepen mutual understanding and cooperation between the two sides, focusing on issues of common interest and challenges faced in the pursuit of common development. The participants discussed topics related to China's institutional advantages, Belt and Road Initiative, …

Africa poised to leverage China's vast consumer market potential
2 months ago

Africa poised to leverage China's vast consumer market potential

China Daily  

By WANG KEJU | China Daily| Updated :2024-10-21 In a major effort aimed at deepening economic ties with Africa, China announced recently that it will grant duty-free access to 100 percent of products originating from 33 African countries. In 2009, the nation said it would provide 95 percent tariff-free access for products from the least developed African countries that have …

Trade frameworks linking China, Africa set to broaden
2 months ago

Trade frameworks linking China, Africa set to broaden

China Daily  

Employees work on a solar thermal power project in Northern Cape, South Africa, on August 20. ZHANG YUDONG/XINHUA In the face of a turbulent global landscape, characterized by escalating geopolitical tensions and rising protectionism, China and Africa should lean toward embracing globalization and win-win cooperation more than ever before, to benefit their own populations and catalyze the modernization of the …

China's Infrastructure Push in Africa: A Game Changer for Economic Growth
2 months ago

China's Infrastructure Push in Africa: A Game Changer for Economic Growth

China Daily  

Chinese investors are set to expand their economic ties with Africa through infrastructure projects, trade agreements, and diplomatic engagements. The Chinese government plans to invest at least 70 billion yuan in Africa over the next three years, and China and Africa will establish a joint digital technology cooperation center.

Forum on China-Africa Cooperation 2024: Don’t Be Distracted by the Money
2 months ago

Forum on China-Africa Cooperation 2024: Don’t Be Distracted by the Money

The Diplomat  

In early September, during the ninth Forum on China-Africa Cooperation summit held in Beijing, China’s promise to give $50.7 billion of financial support to African countries over the next three years dominated international headlines. In the Beijing Action Plan, the most important publication from the summit, China pledged to “provide Africa with RMB 360 billion of financial support in the …

China and Africa jointly advance modernization
3 months ago

China and Africa jointly advance modernization

China Daily  

JIN DING/CHINA DAILY Considering that China and Africa account for about one-third of the global population, without their "modernization, there will be no global modernization", President Xi Jinping said in his keynote address at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation in Beijing this month. One of the historic highlights of China's determination to …

China, Africa embark on new collaboration path
3 months, 1 week ago

China, Africa embark on new collaboration path

China Daily  

Jin Ding/China Daily In his keynote speech at the 2024 summit of the Forum on China-Africa Cooperation in Beijing on Sept 5, President Xi Jinping outlined a new blueprint for China-Africa cooperation for the next three years and for jointly advancing modernization. The new interpretation of China and Africa jointly advancing modernization is closely related to China's Global Development Initiative, …

China, Africa embark on new collaboration path
3 months, 1 week ago

China, Africa embark on new collaboration path

China Daily  

Jin Ding/China Daily In his keynote speech at the 2024 summit of the Forum on China-Africa Cooperation in Beijing on Sept 5, President Xi Jinping outlined a new blueprint for China-Africa cooperation for the next three years and for jointly advancing modernization. The new interpretation of China and Africa jointly advancing modernization is closely related to China's Global Development Initiative, …

A panoramic view of the 2024 China-Africa summit
3 months, 1 week ago

A panoramic view of the 2024 China-Africa summit

The Hindu  

Africa figures prominently in China’s worldview and in the conduct of its foreign policy in the 21st century. The Beijing summit last week confirms China’s consistency and steadfastness in pursuing its goals relating to Africa. They are economic, political and strategic in nature, reflecting Beijing’s long-held view that Africa is vital to the world’s future — therefore, it should be …

UK expert hails FOCAC action plans
3 months, 2 weeks ago

UK expert hails FOCAC action plans

China Daily  

An expert in the United Kingdom specializing in China-Africa relations has praised the series of partnership actions announced at the 2024 Summit of the Forum on China-Africa Cooperation in Beijing, saying the event showcased the depth and breadth of bilateral ties. "FOCAC remains the most prominent platform for China-Africa cooperation, especially in terms of its scale and longevity," said Linda …

China Railway Resources to hike investments in DRC
3 months, 2 weeks ago

China Railway Resources to hike investments in DRC

China Daily  

As collaboration between China and African countries presents vast opportunities, China Railway Resources Group is planning to strengthen cooperation with partners in the Democratic Republic of Congo, a senior company executive said. "We will continue to leverage our advantages, technology and management to boost mutual development, engage in broader and deeper cooperation with companies in the DRC, and play a …

UK expert hails FOCAC action plans
3 months, 2 weeks ago

UK expert hails FOCAC action plans

China Daily  

An expert in the United Kingdom specializing in China-Africa relations has praised the series of partnership actions announced at the 2024 Summit of the Forum on China-Africa Cooperation in Beijing, saying the event showcased the depth and breadth of bilateral ties. "FOCAC remains the most prominent platform for China-Africa cooperation, especially in terms of its scale and longevity," said Linda …

China, Africa vital for Global South's modernization
3 months, 2 weeks ago

China, Africa vital for Global South's modernization

China Daily  

Editor's note: With China and Africa elevating their relationship to an all-weather China-Africa community with a shared future in the new era, the two sides are working more closely to realize modernization. China's pursuit of high-quality development and modernization has inspired many Global South countries, including African nations, to take measures to boost development and alleviate poverty. African countries have …

African nations see China as reliable partner
3 months, 2 weeks ago

African nations see China as reliable partner

China Daily  

By Edith Mutethya in Nairobi, Chen Weihua in Brussels and Xu Weiwei in Hong Kong | China Daily | Updated: 2024-09-09 00:13 The pledge by President Xi Jinping to work with Africa to implement the 10-point partnership action plan to advance modernization has reaffirmed the country's commitment to Africa, according to experts. Citing examples of African nations helping the People's …

China, Africa vital for Global South's modernization
3 months, 2 weeks ago

China, Africa vital for Global South's modernization

China Daily  

Editor's note: With China and Africa elevating their relationship to an all-weather China-Africa community with a shared future in the new era, the two sides are working more closely to realize modernization. China's pursuit of high-quality development and modernization has inspired many Global South countries, including African nations, to take measures to boost development and alleviate poverty. African countries have …

In Africa, China eyes minerals and UN clout
3 months, 2 weeks ago

In Africa, China eyes minerals and UN clout

Hindustan Times  

China’s Forum with Africa was a success, with 53 of the 55 countries of the African Union participating. Between 2000 and 2023, Chinese financial institutions lent $182.28 billion to 49 African countries and seven regional DFIs, according to an analysis by Boston University researchers. African leaders seek better access to the Chinese markets for African products, by adding value to …

Cultural exchange and mutual learning key to boosting cross-continent ties
3 months, 2 weeks ago

Cultural exchange and mutual learning key to boosting cross-continent ties

China Daily  

A volunteer leads a group of children in learning African dance, at a permanent pavilion of China-Africa Economic and Trade Expo, in Changsha, Hunan province, Aug 31, 2024. Cultural exchange and mutual learning are essential for bolstering political and economic ties between China and Africa, said Li Hongfeng, a Chinese expert on African studies, calling on scholars from both sides …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

Agricultural, digital transformation mutually beneficial China-Africa agricultural cooperation has made significant progress under the framework of the Forum on China-Africa Cooperation and the Belt and Road Initiative. This park integrates China's agricultural expertise and technology, offering valuable training opportunities to local farmers and serving as a research hub for sustainable agricultural development. In terms of digital transformation, China has actively …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

FOCAC a leading mechanism for Global South The Forum on China-Africa Cooperation is not only a guiding mechanism for China-Africa cooperation but also a flagship for the Global South's international cooperation with Africa, wielding significant influence. For instance, in the field of new productive forces, we see a substantial increase in China's exports of new energy products to Africa, including …

Chinese FM proposes principles for int'l cooperation with Africa
3 months, 2 weeks ago

Chinese FM proposes principles for int'l cooperation with Africa

China Daily  

Chinese Foreign Minister Wang Yi, Senegalese Foreign Minister Yacine Fall and Minister of Foreign Affairs of the Republic of Congo Jean-Claude Gakosso meet the press during the 2024 Summit of the Forum on China-Africa Cooperation in Beijing on Thursday. Wang, also a member of the Political Bureau of the Central Committee of the Communist Party of China, put forward the …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

Editor's note: President Xi Jinping said on Thursday that the joint pursuit of modernization by China and Africa will set off a wave of modernization in the Global South and open a new chapter for building a community with a shared future for humanity. The demand for green development in Africa is significant, as the continent faces notable climate adaptation …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

Agricultural, digital transformation mutually beneficial China-Africa agricultural cooperation has made significant progress under the framework of the Forum on China-Africa Cooperation and the Belt and Road Initiative. This park integrates China's agricultural expertise and technology, offering valuable training opportunities to local farmers and serving as a research hub for sustainable agricultural development. In terms of digital transformation, China has actively …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

FOCAC a leading mechanism for Global South The Forum on China-Africa Cooperation is not only a guiding mechanism for China-Africa cooperation but also a flagship for the Global South's international cooperation with Africa, wielding significant influence. For instance, in the field of new productive forces, we see a substantial increase in China's exports of new energy products to Africa, including …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

Editor's note: President Xi Jinping said on Thursday that the joint pursuit of modernization by China and Africa will set off a wave of modernization in the Global South and open a new chapter for building a community with a shared future for humanity. The demand for green development in Africa is significant, as the continent faces notable climate adaptation …

China, Africa advance modernization in new era
3 months, 2 weeks ago

China, Africa advance modernization in new era

China Daily  

Editor's note: President Xi Jinping said on Thursday that the joint pursuit of modernization by China and Africa will set off a wave of modernization in the Global South and open a new chapter for building a community with a shared future for humanity. The demand for green development in Africa is significant, as the continent faces notable climate adaptation …

Collaboration transcends economic development
3 months, 2 weeks ago

Collaboration transcends economic development

China Daily  

An Africa-bound freight train leaves Zhuzhou, Hunan province. While the economic partnership between China and Africa continues to strengthen, Ye said there are underlying issues that need to be addressed — particularly the need to diversify the trade structures between the two regions. While trade serves as a cornerstone of China-Africa cooperation, another significant aspect that underscores the depth of …

Connectivity of industrial chains to be enhanced
3 months, 2 weeks ago

Connectivity of industrial chains to be enhanced

China Daily  

An aerial photo of the 100 MW tower for the solar power plant project in Cape Town, South Africa, Aug 20, 2024. China is willing to work with African countries to advance modernization and pursue self-reliant development, while enhancing connectivity and deepening cooperation across industrial and supply chains, the country's top political adviser said on Thursday. Wang Huning, chairman of …

Chinese and African leaders hold a summit on deepening cooperation in a divided world
3 months, 2 weeks ago

Chinese and African leaders hold a summit on deepening cooperation in a divided world

The Hindu  

Dozens of African leaders have descended on Beijing for a summit that signals China's influence in a continent that it hopes will be a key ally in pushing back against a U.S.-led global order. Chinese President Xi Jinping proposed to the assembled leaders Thursday that relations with all African countries that have diplomatic ties with China be elevated to the …

Xi proposes action plans to jointly advance modernization with Africa
3 months, 2 weeks ago

Xi proposes action plans to jointly advance modernization with Africa

China Daily  

BEIJING -- President Xi Jinping said on Thursday that China stands ready to work with Africa to implement 10 partnership action plans to jointly advance modernization. One-third of the world's population lives in China and Africa, and there will be no global modernization without the modernization of China and Africa, Xi said in a keynote speech at the opening ceremony …

Shanghai sees growing foreign trade with Africa in Jan-July
3 months, 2 weeks ago

Shanghai sees growing foreign trade with Africa in Jan-July

China Daily  

Lujiazui, Shanghai's financial center, forms a perfect backdrop to Shanghai's Bund. SHANGHAI - China's financial hub Shanghai saw its foreign trade with African countries grow 9.4 percent year-on-year to 218.53 billion yuan in the first seven months of 2024, official data showed Tuesday. During this period, the value of agricultural products imported from Africa through Shanghai ports reached 5.43 billion …

China-Africa summit 2024: What’s in it for Beijing, Xi Jinping and Africa?
3 months, 2 weeks ago

China-Africa summit 2024: What’s in it for Beijing, Xi Jinping and Africa?

Al Jazeera  

Beijing is looking to woo African countries with more investment dollars in exchange for better access to raw minerals. The China-Africa summit, which will last from September 4 to 6, will see leaders of African countries meet and discuss policies and cooperation agreements with officials from the continent’s biggest lender and investor. Agreements in past summits have unlocked unrivalled access …

China, Africa enhancing partnership
3 months, 2 weeks ago

China, Africa enhancing partnership

China Daily  

Editor's note: President Xi Jinping held bilateral meetings on Tuesday with African leaders who are in Beijing to attend the 2024 Summit of the Forum on China-Africa Cooperation, which opens on Wednesday and runs through Friday. William Ruto BRI, Kenya Vision 2030 to be better aligned President Xi Jinping called on China and Kenya on Tuesday to further promote Belt …

Business leaders to explore further cooperation
3 months, 2 weeks ago

Business leaders to explore further cooperation

China Daily  

Zhang Shaogang, vice-chairman of the China Council for the Promotion of International Trade, Lin Honghong, director-general of the Department of International Relations of CCPIT, and Sun Xiao, secretary-general of the China Chamber of International Commerce brief the media in Beijing on Sept 3, 2024. Nearly 800 Chinese and African business leaders will convene in Beijing on Friday to explore innovative …

China, Africa enhancing partnership
3 months, 2 weeks ago

China, Africa enhancing partnership

China Daily  

Editor's note: President Xi Jinping held bilateral meetings on Tuesday with African leaders who are in Beijing to attend the 2024 Summit of the Forum on China-Africa Cooperation, which opens on Wednesday and runs through Friday. William Ruto BRI, Kenya Vision 2030 to be better aligned President Xi Jinping called on China and Kenya on Tuesday to further promote Belt …

Sino-African camaraderie in its prime stage
3 months, 2 weeks ago

Sino-African camaraderie in its prime stage

China Daily  

SHI YU/CHINA DAILY In the complex tapestry of African post-colonial development diplomacy, Sino-African cooperation has upended the donor-beneficiary narrative and precipitated a win-win infrastructural and transformational development in a few years. Notwithstanding the coups and defaults, with the post-Cold War order rickety, Africa's huge arable land area, rare earth minerals highly sought for the energy transition, oil and natural gas, …

Xi meets Tanzanian president
3 months, 2 weeks ago

Xi meets Tanzanian president

China Daily  

Chinese President Xi Jinping meets with Tanzanian President Samia Suluhu Hassan, who is in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation, at the Great Hall of the People in Beijing, capital of China, Sept 4, 2024. BEIJING -- Chinese President Xi Jinping on Wednesday met with Tanzanian President Samia Suluhu Hassan, who is in Beijing for …

Sino-African camaraderie in its prime stage
3 months, 2 weeks ago

Sino-African camaraderie in its prime stage

China Daily  

SHI YU/CHINA DAILY In the complex tapestry of African post-colonial development diplomacy, Sino-African cooperation has upended the donor-beneficiary narrative and precipitated a win-win infrastructural and transformational development in a few years. Notwithstanding the coups and defaults, with the post-Cold War order rickety, Africa's huge arable land area, rare earth minerals highly sought for the energy transition, oil and natural gas, …

China, South Africa elevate relations
3 months, 2 weeks ago

China, South Africa elevate relations

China Daily  

President Xi Jinping shakes hands with South African President Cyril Ramaphosa during their meeting at the Great Hall of the People in Beijing on Monday. FENG YONGBIN/CHINA DAILY President Xi Jinping and visiting South African President Cyril Ramaphosa announced the elevation of bilateral ties to an all-around strategic cooperative partnership for the new era on Monday, charting new directions for …

Forum on China-Africa Cooperation: Why Beijing's eye is on green energy, exports ahead of FOCAC
3 months, 2 weeks ago

Forum on China-Africa Cooperation: Why Beijing's eye is on green energy, exports ahead of FOCAC

Firstpost  

With an eye on securing critical resources and expanding green exports, Beijing is shifting from large-scale infrastructure projects to promoting solar, EVs, and 5G technologies across the continent Ahead of the beginning of the ninth Forum on China-Africa Cooperation that begins on Wednesday, China’s focus on Africa has taken on a new hue— green. With the global push towards renewable …

Xi encourages African scholars to bolster China-Africa cooperation, Global South development
3 months, 3 weeks ago

Xi encourages African scholars to bolster China-Africa cooperation, Global South development

China Daily  

This photo taken on Aug 29, 2024 shows the logo of the 2024 Summit of the Forum on China-Africa Cooperation near China National Convention Center in Beijing, capital of China. NAIROBI -- President Xi Jinping encouraged African scholars to continue to provide intellectual support for building a high-level China-Africa community with a shared future and safeguarding the common interests of …

China and Africa are re-imagining global trade
3 months, 3 weeks ago

China and Africa are re-imagining global trade

China Daily  

Key industries, including agriculture, infrastructure, mining, technology and automotive, are being re-imagined as Africa and China collaborate in a rapidly changing global economy. Historically, Africa has struggled with a trade imbalance primarily exchanging natural resources for manufactured goods – ultimately resulting in imports exceeding exports and limited long-term capital formation for infrastructure projects. As a bank, this is an important …

Beijing Summit set to be new marker for historical achievements of the FOCAC: China Daily editorial
3 months, 3 weeks ago

Beijing Summit set to be new marker for historical achievements of the FOCAC: China Daily editorial

China Daily  

This photo taken on Aug 29 shows a sign of The 2024 Summit of the Forum on China-Africa Cooperation. For China, Africa is a significant development partner, due to its resources, markets, economic opportunities and investment potential, and its engagement with African countries is a prime example of South-South cooperation, which emphasizes solidarity among developing nations in the face of …

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