Current location:Culture Circuit news portal > health
Chinese investment in Africa hits $1.8b in 1st half of 2023
Culture Circuit news portal2024-04-30 06:11:43【health】0People have gathered around
IntroductionA train is seen during a trial running of light rail transit system, which was jointly built by Chin
A train is seen during a trial running of light rail transit system, which was jointly built by Chinese and Egyptian companies, in east of Cairo, Egypt, July 3, 2022.
China has seen robust investment growth in Africa over the years and is ready to continue to work with the continent to further advance bilateral cooperation in investment, said a senior official with the Ministry of Commerce on Tuesday in Beijing.
During the launch of a report on Chinese investment in Africa, Wang Dong, deputy head of the ministry's Department of Western Asia and African Affairs, said China has made over $1.8 billion of direct investment in Africa in the first half of this year, a year-on-year increase of 4.4 percent.
He said Chinese companies have carried out infrastructure projects worth over $400 billion in Africa.
Also, companies have expanded their investment in the continent from traditional sectors, including construction, mining and manufacturing, to emerging industries, such as logistics, digital economy, clean energy, health, green development and finance, Wang said.
China has been Africa's largest trade partner for 14 consecutive years. Bilateral trade last year saw a year-on-year increase of about 11 percent and reached $282 billion, the Ministry of Commerce said.
Wu Peng, head of the Foreign Ministry's Department of African Affairs, said during the launch that China has been working to promote Africa's industrialization through investment cooperation with the continent.
China's investment has served to help Africa enhance its ability to pursue independent development, Wu said, adding that China supports Africa in seizing opportunities in the technological revolution and enhancing its smart and green development.
Address of this article:http://unitedstates.lochsaege.com/news-60f199928.html
Very good!(6258)
Related articles
- China's sci
- Core blimey: Bramley & butternut squash soup with gorgonzola cream
- Dame Kiri Te Kanawa honoured for her achievements in Parliament
- Fitzwilliam Corrie
- Pakistani FM Ishaq Dar designated deputy PM
- Dame Kiri Te Kanawa honoured for her achievements in Parliament
- James, Earl of Wessex, 16, stands shoulder
- Ant and Dec discuss their emotional farewell to Saturday Night Takeaway after 22 years
- China ready to strengthen high
- San Bernardino police arrest teen for murder of 14
Popular articles
Recommended
China to hold first space cooperation forum with LatAm, Caribbean countries
Dog severely burned and abandoned by owner in San Bernardino
I refused to accept my neighbour's parcel
Return to sender! Bizarre items that arrived in the post and left people terrified
Nicaragua severs diplomatic relations with Ecuador after assault on Mexican embassy
Fitzwilliam Corrie
The name's Johnson... Taylor
I lost my five
Links
- China's booming online audio and video industry tops 1 billion users
- China's Spring Festival box office record spirals upward
- 3 U.S. big tech giants face EU inquiry
- Shanghai, Beijing, other cities improve foreigners' payment service
- People of Zhuang ethnic group celebrate traditional diving festival in Guizhou
- Consumer expo to display more new items
- Xi to Travel to U.S. for China
- In pics: women wearing Burang clothes in Tibet
- Pic story of shadow play artist in Shaanxi
- Shanghai to Athens airline route set to launch in April