Current location:health >>
Pioneering zone to be launched in Hunan to propel Sino
health926People have gathered around
IntroductionChina's green light to build a pioneering zone for in-depth China-Africa economic and trade cooperat ...
China's green light to build a pioneering zone for in-depth China-Africa economic and trade cooperation in the central Chinese province of Hunan will pave the way for exploring innovative avenues of bilateral collaboration in the next stage, said government officials on Wednesday.
Their comments followed the announcement by the State Council, the country's Cabinet, which approved a general plan to create such a zone in Hunan as outlined in a circular issued on Jan 12.
While implementing the plan, practical measures under the framework of the Forum on China-Africa Cooperation will play a leading role in enhancing alignment between the two sides' respective development strategies, vigorously innovating the economic and trade cooperation mechanism and improving Sino-African modern industrial and supply chains, said Jiang Wei, director of the department of Western Asian and African Affairs at the Ministry of Commerce.
Jiang said that enhanced coordination is essential across trade, industries, finance and cultural exchanges to foster greater synergy in the coming years.
Guo Ning, deputy director of Hunan's provincial department of commerce, said that it is imperative to exert additional efforts aimed at propelling high-quality Belt and Road cooperation while constructing a high-level China-Africa partnership.
"We will seize the opportunities brought by Africa's accelerated industrialization and urbanization, as well as the development of the African Continental Free Trade Area, fostering close collaboration in Sino-African production and supply chains, and creating a broader market space," Guo said.
As the host venue for the China-Africa Economic and Trade Expo, Hunan's trade volume with Africa reached 55.67 billion yuan ($7.76 billion) in 2023, ranking first in China's central and western regions, said Hunan's provincial government.
By harnessing their unique strengths and resources, China and Africa can facilitate deeper integration across critical sectors, including manufacturing, agriculture, infrastructure and technology, said He Wenping, a researcher with the Institute of West Asian and African Studies at the Chinese Academy of Social Sciences in Beijing.
Over 3,000 Chinese companies, such as China Railway Construction Corp Ltd, Huawei Technologies Co Ltd and Great Wall Motor Co Ltd, have invested in Africa and employ a large number of local people, said the Ministry of Commerce.
East China's Jiangsu province, another key export hub, saw a record high in its foreign trade with Africa in 2023, with two-way trade value growing 8.9 percent year-on-year to 157.32 billion yuan, said Nanjing Customs.
"Benefiting from tangible growth of the Belt and Road Initiative — and Chinese companies' efforts to enter more emerging markets — our automated teller machines, or ATMs, have gained a strong reputation among African customers, especially in countries like South Africa, Ghana, Benin, Mozambique and Kenya, with export volumes consistently increasing in recent years," said Zhuang Xuefen, a logistics manager at Inspur Financial Information Technology Co Ltd.
The Suzhou, Jiangsu province-based electronics equipment manufacturer witnessed an astonishing 180 percent year-on-year surge in export value to Africa in 2023, reaching 38.78 million yuan.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gazette news portal”。http://somalia.fivesixgroup.com/news-90f699843.html
Related articles
Shooting injures 2 at Missouri high school graduation ceremony
healthCAPE GIRARDEAU, Mo. (AP) — Two people were injured when gunfire broke out during a high school gradu ...
【health】
Read moreNational Day holiday boom drives up ticket, hotel bookings across country
healthWang Lu holds her breath as the clock shows 12:29 pm. A minute later she frantically jabs her phone ...
【health】
Read morePromoting Thriftiness, Ending Food Waste
healthContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【health】
Read more
Popular articles
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Crook Family's Century
- Lahuahua Groups Interpret Volunteerism with Actions
- Interview: China accomplishes excellent organization in Hangzhou Asiad, says IOC member
- Amtrak train hits pickup truck in upstate New York, 3 dead including child
- Peng Yan Leads Team in Developing USVs
Latest articles
Everybody may love Raymond, but Ray Romano loves Peter Boyle
Providing Heartwarming Services to Children
Uygur Woman Shows Charm of Xinjiang Through Fabulous Dance
Much at stake for Barca, Xavi in Napoli trip
Investigators return to Long Island home of Gilgo Beach serial killing suspect
German Vlogger Documents China's Ethnic Groups
LINKS
- JASON GROVES: Rishi Sunak has survived
- Court appearance for country star Morgan Wallen in chair
- Barry Manilow has to book back
- The most dysfunctional state in America? Soaring unemployment, sky
- Salvador Perez hits 3
- Moscow accuses Lord Cameron of 'threatening European security' over remarks giving Kyiv go
- Canadian police make 3 arrests in Sikh separatist's slaying that sparked a spat with India
- A sellout WNBA exhibition game? Welcome to the Caitlin Clark era
- Canadian police make 3 arrests in Sikh separatist's slaying that sparked a spat with India
- A sellout WNBA exhibition game? Welcome to the Caitlin Clark era