NAIROBI, Aug.16 (Xinhua) -- Africa is benefitting from its trade and investment ties with China, a United Nations (UN) official said Wednesday.
Photo shows an automated production line of an automobile parts company based in Qinhuangdao city, north China's Hebei province. (People's Daily Online/Cao Jianxiong) "In recent days, a growing number of global financial institutions have increased or planned to increase their holdings of Chinese assets, indicating confidence in the recovery of the world's second largest economy with solid supportive measures in place," said a recent article on the website of Brazil's Forum magazine, fully affirming the slew of measures China has introduced to stabilize economic performance.
The 7th China-South Asia Expo officially kicked off in Kunming, the provincial capital of Southwest China's Yunnan Province, on Wednesday, fully resuming its offline exhibition for the first time since the start of the COVID-19 pandemic and offering a crucial platform for boosting economic and trade cooperation between China and South Asian countries. The expo, the only national-level comprehensive exposition for multilateral diplomacy, economic and trade cooperation, and cultural exchanges between China and South Asian countries, has boosted trade between China and South Asian countries over the past decade, greatly benefiting relevant countries amid a difficult time of global economic hardship, Chinese officials and analysts said.
The 7th China-South Asia Expo opens in Kunming, Yunnan province on Aug 16. [Photo/Xinhua] The Belt and Road Initiative, connectivity and trade facilitation were among the key themes highlighted by Beijing at the opening ceremony of the 7th China-South Asia Expo, a major trade event which opened on Wednesday in Kunming, Yunnan province.
