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

(Xinhua)

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】


 
 
     
 
 
 
     
 
 
 
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