Xinhua News
Nov 30, 20214 min
The conference, scheduled for Nov. 29-30 in Senegal's capital of Dakar, is expected to evaluate the implementation of the outcomes of the 2018 FOCAC Beijing Summit and open up new prospects for China-Africa cooperation.
ANTI-PANDEMIC SOLIDARITY
NEW PROSPECTS
"We need to open up new prospects for China-Africa cooperation, expand trade and investment, share experience on poverty reduction, strengthen cooperation on the digital economy, and promote entrepreneurship by young Africans and the development of small and medium-sized enterprises (SMEs)," Xi said, calling for deepening practical cooperation between the two sides.
He said China would work closely with African countries to implement the nine programs, which are the medical and health program, the poverty reduction and agricultural development program, the trade promotion program, the investment promotion program, the digital innovation program, the green development program, the capacity building program, the cultural and people-to-people exchange program, and the peace and security program.
Xi said China would undertake 10 poverty reduction and agricultural projects for Africa, provide 10 billion U.S. dollars of trade finance to support African export, and build in China a pioneering zone for in-depth China-Africa trade and economic cooperation and a China-Africa industrial park for Belt and Road cooperation.
China would also encourage its businesses to invest no less than 10 billion U.S. dollars in Africa in the next three years, undertake 10 digital economy projects for Africa, undertake 10 green development, environmental protection and climate action projects for Africa, help build or upgrade 10 schools in Africa, and invite 10,000 high-level African professionals to seminars and workshops, Xi added.
China has been Africa's largest trading partner for the 12 years since 2009, and the proportion of Africa's trade with China in the continent's total external trade has continued to rise, exceeding 21 percent in 2020.
Buyile Matiwane, deputy-president of the South African Students Congress, said China is Africa's biggest source of foreign direct investment, and this kind of investment has been crucial in creating a platform to maximize the establishment of value chains and domestic markets while improving the conditions for economic and social development across the African continent.
"The roads, airports, railways, ports, hospitals and all kinds of infrastructure being built by China will stand us in good stead for the development of intercontinental markets," Buyile Matiwane added.
Xu Bu said China-Africa cooperation, after years of dedicated efforts, has shown strong resilience, with new growth points constantly emerging, and the "tree" of China-Africa cooperation would not be shaken by any force in the future.
COMMUNITY WITH SHARED FUTURE IN NEW ERA
At the FOCAC Beijing Summit held in September 2018, the two sides decided to build an even stronger China-Africa community with a shared future and lead China-Africa relations and cooperation into a new era.
At the opening ceremony of the Eighth Ministerial Conference of FOCAC, Xi put forward four proposals to build a China-Africa community with a shared future in the new era, calling on both sides to fight COVID-19 with solidarity, deepen practical cooperation, promote green development, and uphold equity and justice.
Chinese Assistant Foreign Minister Wu Jianghao said China, the largest developing country, and Africa, the continent with the largest number of developing countries, were closely linked by similar historical experiences, common struggles and common development tasks.
China and Africa have achieved mutual benefit and common development through practical cooperation, and they have always been a community with a shared future, Wu added.
Wu Chuanhua, an associate research fellow with the China-Africa Institute, said the China-Africa community with a shared future has become a model of sharing weal and woe, equal partnership, common security, common development, mutual learning among civilizations and green development.
Since the establishment of FOCAC 21 years ago, China and its people have cooperated with African countries and peoples based on the principles of friendship, unity, mutual trust and respect, Senegalese President Macky Sall said.
"It is also the principle that we should uphold in our vision for the future. Only in this way can we deepen the Africa-China partnership, promote sustainable development, and contribute to building a China-Africa community with a shared future in the new era," Sall said.
Source: Xinhua, Editor: Huaxia
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