Latest News:  
Beijing   Cloudy    14 / 7   City Forecast

Home>>Foreign Affairs

Sino-African roundtable talks mull closer economic, trade cooperation (2)


13:21, November 11, 2011

It also called on the Chinese government to encourage the private sector to expand investment in Africa and enhance its supervision of market behavior in order to ensure the healthy development of China-Africa economic and trade relations.

Ibrahim Boubacar Keita, the former prime minister of Mali, said African nations are willing to enhance both political and economic cooperation with China in order to adapt to globalization and further tap the potential of the continent.

Sino-African economic and trade cooperation has witnessed rapid development in recent years. Bilateral trade volume exceeded 122 billion U.S. dollars during the first nine months of 2011, an increase of more than 30 percent year-on-year, according to Lu Guozeng, a former vice foreign minister.

Lu said more than 1,600 Chinese companies, both state-owned enterprises and privately-owned firms, have invested in Africa, creating more than 350,000 jobs.

The roundtable conference was first convened in Beijing in 2010 to commemorate the 10th anniversary of the FOCAC.

【1】 【2】

  We Recommend  


Leave your comment0 comments

  1. Name


Selections for you

  1. Panchen Lama receives worshippers in Beijing

  2. Dead Sea bids for "New Seven Wonders of Nature"

  3. Manchurian tigers thrive in China's Heilongjiang

  4. World in photo: Beautiful autumn in Slovakia

Most Popular


  1. US unlikely to contain China's rise
  2. India's border troop surge aimed at rising China?
  3. Anxious US looks toward Asia
  4. Property curbs to remain despite price drop
  5. China's dilemma over Iran goes deeper
  6. China must act to save energy, cut emissions
  7. Will US, Israel attack Iran?
  8. Market blow away 'special air' rumors
  9. Bridges and factories could woo American hearts
  10. Keeping a cool head crucial ahead of big events

What's happening in China

It's 11-11-11: a big day to wed

  1. Expert urges storing natural gas to ease shortages
  2. Gas burst in China's unlicensed coal mine kills 20
  3. Chinese media told to improve sourcing
  4. Airline moves toward offering Internet access
  5. More bachelor girls than boys in Shanghai

PD Online Data

  1. The dragon dance
  2. Temple fairs in Beijing
  3. Lunar New Year´s Eve (I)
  4. Lunar New Year´s Eve (II)
  5. Little New Year (I)