China becomes Africa's first trading partner with $91 billion trillion in trade
Source: Internet
Author: User
KeywordsAfrica China trading partners Africa China trading partners
China has become the largest trading partner in Africa, the Ministry of Commerce announced today (9th) that China's trade volume has grown from $10.6 billion trillion to $91 billion trillion, according to the national news broadcast. Sino-African trade has been close to hundreds of billions of dollars, and Chinese brands have also gone deep into Africa. As of today, China has set up more than 2000 foreign enterprises in Africa, with a cumulative total of 32.3 billion U.S. dollars, accounting for one-tenth of China's foreign investment, according to the Ministry of Commerce. China's aid to Africa has grown 10 times times a year. Since 2000, Chinese enterprises in Africa's housing construction has accumulated about 70 million square meters, 60,000 kilometers to build roads, many of these high-quality projects by the African people as "China standard", "China speed." Chen Lin, commercial counselor of the Ministry of Foreign Investment and Economic cooperation, said Chinese companies follow international practices and are open and transparent in their cooperation. Chen Lin: Help African countries to increase the value added of their resources through investment cooperation in the fields of resources and energy. At present, China has nearly 4,000 training personnel for Africa, the Chinese government has begun to sign a debt relief agreement with the relevant African countries. The agricultural demonstration centres, schools and clean energy facilities in Africa are now in the process of preparing for the mission. (Reporter Chelli)
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