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Conference of Chinese and African Entrepreneurs highlights China-Africa economic and trade cooperation

(People's Daily Online)    10:26, September 01, 2018

The 2018 FOCAC Beijing Summit will be held on September 3-4, and the high-level dialogue between Chinese and African leaders and business representatives as well as the 6th Conference of Chinese and African Entrepreneurs will be jointly hosted by the Chinese Council for the Promotion of International Trade (CCPIT) and China’s Ministry of Commerce during this period.

Against the backdrop of the China-Africa relationship entering into a new era, the conference of Chinese and African Entrepreneurs is set to be a grand international gathering highlighting China-Africa solidarity and cooperation, and an opportunity for Chinese-African business circles to open new approaches to cooperation.

Jiang Zengwei, the chairman of CCPIT, made the above remarks at the press conference held Friday morning. Centering on the theme of "China and Africa: Toward an Even Stronger Community with a Shared Future through Win-Win Cooperation," three topics were assigned for discussion, including advancing industrial cooperation for win-win development, deepening trade cooperation for common development, and enhancing infrastructure cooperation for sustainable development.

This conference has been highly valued by African countries, with all parties actively participating, and the number of applicants far exceeding expectations. After final confirmation, there were 2,088 delegates from 53 countries and China, including 1,019 representatives from China and 1,069 representatives from Africa. It is reported that leaders from more than 30 African countries will attend the opening ceremony of the Conference of Chinese and African Entrepreneurs.

The participating enterprises, business associations and research institutions cover all African member states from FOCAC.The participating enterprises cover various industries, including not only the leading enterprises of traditional industries such as energy, finance, food, agriculture, manufacturing, medicine, infrastructure, etc., but also outstanding representatives of new economies such as the Internet, e-commerce, and sharing economy.

Representatives of large enterprises in China and Africa, including 67 of the world’s top 500 companies and 111 of Chinas top 500 companies, will attend the opening ceremony. Meanwhile, a certain number of representatives from small and medium-sized enterprises will also participate in the conference.

Strengthening economic cooperation for common development is an important aspect of China-Africa cooperation. Chinese and African economies are complementary with huge potential for cooperation.

The Conference of Chinese and African Entrepreneurs was initiated in 2003, which is an important supporting event of FOCAC. It is held every three years, and this year will mark its sixth occurrence. The conference has contributed a lot to deepen China-Africa economic cooperation to build a stronger community for the shared future of mankind and promote common development and prosperity for China, Africa and the world.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Liu Ning, Bianji)

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