Promoting China Africa Economic and Trade Cooperation to a New Level (Harmony) | Africa | Economic and Trade Cooperation
China and Africa are good friends, good partners, and good brothers who share the same boat in the face of storms and help each other. Both sides actively explore new paths of cooperation and open up growth points for cooperation, which will undoubtedly promote China Africa economic and trade cooperation to a new level and help build a community with a shared future for China and Africa in the new era
Inside the Benin exhibition hall, the diverse cotton varieties attract visitors to stop; In the Madagascar exhibition hall, vanilla pods, cocoa, and other items allow visitors to taste the "flavor" of African island countries; Inside the Congo Pavilion, exquisite copper sculptures, lifelike wood carvings, and more are dazzling... At the recently held 3rd China Africa Economic and Trade Expo, many African countries' specialties appeared on stage, showcasing the vitality and vigor of China Africa economic and trade cooperation.
As the largest economic and trade cooperation platform under the framework of the Forum on China Africa Cooperation, the China Africa Economic and Trade Expo has been held every two years since 2019, promoting and witnessing the fruitful achievements of China Africa economic and trade cooperation. The number of exhibitors and exhibits at this expo has increased significantly compared to the previous one, with greater platform influence and stronger cooperation momentum. The website of American diplomats recently published an article pointing out that the uniqueness of China Africa trade lies in the way China promotes trade, and a key example is the China Africa Economic and Trade Expo.
The continuously expanding influence of the China Africa Economic and Trade Expo is a true reflection of mutual benefit and win-win cooperation between China and Africa. The only way for China Africa cooperation is to leverage their respective strengths, closely integrate China's development with supporting Africa's development, and achieve win-win cooperation and common development. During this Expo, the General Administration of Customs of China released the China Africa Trade Index for the first time. Data shows that from 2000 to 2022, China's import and export value to Africa increased from less than 100 billion yuan to 1.88 trillion yuan, with a cumulative growth of over 20 times and an average annual growth rate of 17.7%. China has maintained its position as Africa's largest trading partner for 14 consecutive years, and the areas of economic and trade cooperation between the two sides continue to extend to emerging fields such as digital, green, aerospace, and finance. The key to continuously improving and upgrading China Africa economic and trade cooperation lies in taking mutual benefit and win-win as the driving force.
The foundation for the high-quality development of China Africa economic and trade cooperation lies in the high-level development of China Africa relations.Over the past 10 years, China and Africa have always worked together, united and cooperated. The new type of strategic partnership between China and Africa has been upgraded to a comprehensive strategic partnership, and the construction of a community with a shared future between China and Africa in the new era has continued to deepen and solidify. From the "Ten Major Cooperation Plans" to the "Eight Major Actions" and then to the "Nine Projects", China Africa cooperation keeps pace with the times and constantly finds new points of convergence and growth. In its cooperation with Africa, China adheres to sincerity, friendship, and equal treatment, prioritizing righteousness and benefits, development for the people, practicality and efficiency, openness, inclusiveness, and inclusiveness, winning the full trust of African countries and people.
"What China is doing is not teaching people to fish, but teaching them to fish," said Malawi President Chakovira, who attended the third China Africa Economic and Trade Expo. This Expo is the first time to set up an exhibition on the achievements of China Africa high-quality joint construction of the "the Belt and Road", which focuses on the numerous cooperation projects between China and Africa in agricultural cooperation, processing and manufacturing and other fields since the the Belt and Road Initiative was proposed 10 years ago. The high-quality joint construction of the "the Belt and Road" has effectively improved Africa's capacity for independent development and improved the well-being of local people. In Algeria, photovoltaic power plant projects will continuously deliver clean energy to thousands of households; In Ghana, rural communication and digital network coverage projects provide high-speed and stable information and communication services to over 3 million people; In Ethiopia, factories have sprung up, providing a lot of employment opportunities for the local people... "The initiative of jointly building the the Belt and Road is based on cooperation, mutual benefit and win-win results, and has made great contributions to Africa's development." said Ronnie Ngenqui, an economist at the Second University of Yaounde, Cameroon.
In today's world, multiple challenges and crises are intertwined and overlapping, and the development gap is constantly widening. African countries need equal and mutually beneficial cooperation, as well as sincere and selfless assistance. In the process of comprehensively promoting Chinese path to modernization, China will continue to provide new opportunities for Africa's development by insisting on expanding high-level opening up and promoting the construction of an open world economy. China Africa cooperation is constantly developing towards all-round, multi-level, and high-quality development, playing an important leading role in South South cooperation and international cooperation with Africa. "The fate of Africa is closely related to China's economic development," said Niger's Minister of Commerce, Ahmad Akachi.
China and Africa are good friends, good partners, and good brothers who share the same boat in the face of storms and help each other. Both sides actively explore new paths of cooperation and open up growth points for cooperation, which will undoubtedly promote China Africa economic and trade cooperation to a new level and help build a community with a shared future for China and Africa in the new era.