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In five years after the proposal of the Belt and Road Initiative, China-built bridges, roads and ports have brought vitality to countries and regions participating in the campaign. Meanwhile, China is bringing more and more data, models and systems to other countries to boost their economic and soci
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There is a sense of urgency for African nations to ensure they do not miss the opportunity to jumpstart their Fifth Industrial Revolution with the help of China. The reality is that even with the progress made, Africa is still struggling in its economic policy with regard to the new economic era.
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Conde, in a recent interview, described China as a good example for African partners, saying that African countries that have only tens of millions of population should conquer poverty given that China, with so much population distributed in such a vast land, is able to do so.
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Statistics indicate that 70 percent of African population is rural people, and agriculture contributes as much as 30 percent to African economy. However, food security there is not well guaranteed due to inadequate investment, poor agricultural infrastructure and backward technologies, as well as fr
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Chinese construction also respects local culture and encourages green development. China Road & Bridge Corporation, for instance, has designed 14 animal passages for a super grand bridge it built along the Mombasa-Nairobi standard-gauge railway that goes over a beloved protected wildlife park in
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With a total investment of $2.82 billion, the highway spanning 536 kilometers, which is also the biggest cooperation project between China and the Republic of Congo, is now the latter’s main traffic artery, and reputed by local residents as “road of dreams”.
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After joining the WTO, China cleared up and improved Chinese Law on Sino foreign joint venture, the Law on Chinese and foreign cooperative business enterprises and the Law on foreign-funded enterprises, as well as specific rules for implementing the laws involving removing the foreign exchange balan
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African nations must rely on international cooperation to realize economic take-off, and unilateralism will only bring them damage, Zhang emphasized, adding that the Beijing summit not only is a grand event between China and Africa, but also will further promote multilateralism and achieve common in
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So far, the FOCAC has grown into a flagship of China-Africa cooperation, and a banner that leads Africa’s cooperation with the rest of the world and promotes South-South cooperation. It has brought tangible benefits to both Chinese and African people.
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Calling the construction of Belt and Road and the FOCAC as two “legs” and “engines” of China-Africa cooperation, Zhou said that China-Africa cooperation will walk faster in a steady manner with the “legs”, and will fly higher and further thanks to the “engines”.
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Focusing on building a closer community of shared future between China and Africa, the upcoming 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) is expected to set a new path for a higher-level of China-Africa cooperation, Chinese experts and scholars told People’s Daily.
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“China Council for the Promotion of International Trade will not agree with the US government on imposing additional tariffs on these products”, said Tan, adding that "China and the US should resolve their disputes through negotiations."