Hannah Ryder, CEO of Development Reimagined, highlighted China's expanded financial, trade, industrial and investment commitments to Africa during the 2024 FOCAC Summit. These include a 210 billion yuan ($30 billion) credit line, the promotion of the Pilot Zone for In-depth China-Africa Economic...
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"China's trade volume with Africa and investment stock in Africa increased by over 20 times and 100 times respectively. Belt and Road cooperation produced fruitful outcomes. The ten cooperation plans put forward at the 2015 FOCAC Johannesburg Summit, the eight major initiatives identified at the 20...
An African journalist interacts with a robot at the media center service desk for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, capital of China, Sept. 3, 2024. [Photo by Wang Yiming/China.org.cn]
machinery, farming, processing, and sales. China is also promoting the development of new business models in Africa, such as smart agriculture, e-commerce, and trade, said Xu Jianping, an official of China's National Development and Reform Commission, at a press briefing ahead of the summit....
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