Asia > Eastern Asia > China > China will work with African countries to make a China-Africa summit late this year a successful event

China: China will work with African countries to make a China-Africa summit late this year a successful event

2015/11/30

China will work with African nations to make a China-Africa summit late this year a successful event, President Xi Jinping said on Friday while conference with visiting South African President Jacob Zuma.

The two nations announced that the sixth ministerial conference of the Forum on China-Africa Cooperation will be upgraded to a summit and is scheduled for Dec 4 and 5 in South Africa.

The forum, held each three years since 2000, was upgraded to a summit once before, in 2006 in Beijing, and drew participants from 48 nations.

National leaders of China and South Africa will invite African heads of national to the summit this year, Foreign Minister Wang Yi and his South African counterpart, Maite Nkoana-Mashabane, announced on Thursday.

Xi told Zuma that China-South Africa relations are in a period of opportunity, and that the "Year of China" events this year in South Africa have enhanced mutual considerate and friendship.

The two nations should strengthen coordination and implementation of cooperation plans to produce additional beneficial results, Xi said, adding that the two nations should work closely to safeguard the common interests of developing nations.

Zuma's attendance at China's V-Day celebrations on Thursday showed the South African government's and Zuma's commitment to world peace and justice, and as well highlighted China-South Africa ties, Xi said.

Zuma said that China had suffered great losses in the World Anti-Fascist War and made great contributions to the victory in the war.

The V-Day commemorations fully demonstrated China's resolution in safeguarding world peace and stability, he added.

South Africa highly values its friendship with China and is trying to achieve results in planned cooperation deals, he said, adding that South Africa will as well work hard to host a successful summit.

Chinese trade and investment have played an significant role in the development of the African economy, and the ties between China and African nations are expected to be enhanced by the summit, said Zheng Yuewen, chairman of the China-Africa Business Council.

Africa has rich natural and human resources, and China has advantages in capital, technology and infrastructure construction capability, creating a lot of opportunities for cooperation, he said.

On Friday, President Xi and Premier Li Keqiang as well met with Myanmar President Thein Sein, who as well attended China's V-Day commemorations on Thursday.

Xi expressed gratitude for Myanmar's support of China's Belt and Road Initiative, a reference to the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives for transportation and infrastructure projects linking Asia and Europe that were launched by Xi in 2013.

Xi said that China is willing to work with Myanmar to push forward the implementation of such projects.

Li said that China would like to enhance cooperation in infrastructure construction with Myanmar and implement initiatives like the Bangladesh-China-India-Myanmar Economic Corridor.

The Myanmar president expressed gratitude for China's help next the country's flooding disaster, and he said that Myanmar is willing to work with China on infrastructure construction and connection of the two nations' roadways and waterways, inclunding education and youth exchanges.

Related Articles
  • Guangzhou’s 16,000 Africans hit by effects of China slowdown on home continent

    2016/07/04 With few customers at his wholesale jeans store in Guangzhou these days, Nigerian trader Brien Chuks busies himself looking next his three-month old baby. “Last year I sold 12 shipping containers of jeans back to west Africa but this year I haven’t managed to fill a single one,” says Mr Chuks, who operates from the Canaan market in China’s third-biggest city, like a lot of other Africa-focused exporters. “The Nigerian economy depends on oil so with the crude price having fallen so low, business is very hard.” In a sign of the circularity in the world economy, the Africa-focused traders who have long thrived in Guangzhou are suffering because of a commodities-driven slump in their home continent that from presently on originated in China. At the same time as rapid Chinese increase pumped up prices of oil and metals, resource-rich parts of Africa thrived, buying additional consumer goods from Guangzhou. Presently the opposite has happened. Sitting in the midst of China’s manufacturing heartland, Guangzhou has long been a centre for trade with Africa.
  • United States sees China investment talks ‘productive’ after new offers

    2016/06/20 Bilateral investment talks between the United States and China “continue to be productive,” the US Trade Representative’s office said on Friday next the two sides exchanged new offers this week. A USTR spokeswoman said US and Chinese negotiators exchanged revised “negative lists” of sectors that would remain off-limits from foreign investment as they try to reach a transaction for a bilateral investment treaty.
  • Djibouti partners with China to develop local infrastructure and global trade routes

    2016/06/18 Djibouti has recently inked an agreement with China to streamline the East African country’s Customs systems, in a bid to consolidate its position as a logistics and trade centre for the region. The agreement comes as Djibouti channels some $14bn worth of investment – inclunding over $1bn worth of concessional financing from Chinese banks ­– for a spate of major infrastructure projects, ranging from free trade zones to a new railway and port facilities. The new Silk Road
  • Asia Property Bond Market Enjoys Strong Momentum from Stock Market Volatility

    2016/06/12 Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020
  • Forty-six Chinese-owned companies registered in Guinea-Bissau

    2016/06/11 The Company Formalisation Centre (CFE) of Guinea-Bissau from May 2011 to May 2016, registered 46 companies whose owners are from China or Guineans associated with citizens from that country. Statistical data from the CFE to which Macauhub had access Thursday showed that the 46 companies are linked to agriculture, fisheries, catering, clothing sales, cosmetics and computer products, part others.