LINE

Text:AAAPrint
Economy

China-Africa economic cooperation reaches new height: spokesman

1
2015-12-03 10:04CRIENGLISH.com Editor: Feng Shuang

China's Commerce Ministry says the country's economic and trade cooperation with Africa has reached new heights in the last 15 years.

Ministry spokesman Shen Danyang says bilateral cooperation now covers more areas.

"China-Africa cooperation has covered industry, finance, tourism, telecommunications, aviation, broadcast and television. More and more Chinese enterprises are focusing on the African market and will make greater contributions to Africa's development."

Shen believes the upcoming forum between the two sides will provide an historic opportunity for deepening bilateral cooperation.

"It will open a new blueprint for developing the economic and trade relations between China and Africa, and will inject new impetus into their economic development."

China is Africa's largest trading partner. Two-way trade reached $220 billion last year, 21 times the amount in 2000.

China's direct investment in Africa reached 30 billion dollars last year, increasing 37 percent annually on average over the past 15 years.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.