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Wednesday, October 11, 2000, updated at 10:27(GMT+8)
Business  

Chinese Trade Minister Meets Four African Trade Officials

Chinese foreign trade minister Shi Guangsheng said Tuesday China hopes to expand its economic cooperation and trade relations with Africa in the new century with the convening of the China-Africa Cooperation Forum -- Ministerial Conference Beijing 2000.

He made the remarks during meetings with four senior African trade officials. They were South African Minister of Trade and Industry Alec Erwin, Mozambican Minister of Industry and Trade Carlos Morgado, Nigerian Chief Economic Advisor to the President Philip Asiodu and Nigerian Minister of Commerce and Industry Seyni Oumarou.

South Africa is one of China's largest trade partners in the African continent. Sino-South African trade volume hit 1.722 billion U.S. dollars in 1999, and the figure in the first eight months of this year reached 1.305 billion U.S. dollars, up 22.4 percent over the same period last year.

Nigeria is China's third largest trade partner in Africa, next to South Africa and Egypt. Two-way trade volume reached 578 million U.S. dollars last year, up 50.3 percent from the previous year.




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Chinese foreign trade minister Shi Guangsheng said Tuesday China hopes to expand its economic cooperation and trade relations with Africa in the new century with the convening of the China-Africa Cooperation Forum -- Ministerial Conference Beijing 2000.

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