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The commerce between China and Africa reached 185.2 billion U.S. {dollars} within the first three quarters this 12 months, a document excessive for a similar interval, stated the Ministry of Commerce on Wednesday.
From January to September this 12 months, numerous indicators of China-Africa financial and commerce cooperation confirmed an general upward development, because the commerce quantity reached 185.2 billion U.S. {dollars}, up 38.2 % 12 months on 12 months and reaching a document excessive for a similar interval in historical past, Chinese language Vice Commerce Minister Qian Keming stated at a press convention.
China’s industry-wide direct funding in Africa reached 2.59 billion U.S. {dollars}, up 9.9 % 12 months on 12 months, 3 proportion factors larger than China’s general outbound funding and exceeding the extent in the identical interval of 2019 earlier than the epidemic outbreak, Qian stated.
Chinese language corporations signed 53.5 billion U.S. {dollars} of newly contracted tasks in Africa, with a turnover of 26.9 billion U.S. {dollars}, up 22.2 % and 11.6 % 12 months on 12 months respectively, displaying their confidence within the prospects of the African market, Qian stated.
China has remained Africa’s largest buying and selling companion for 12 consecutive years as of the top of 2020, and the development equipment and every day requirements that China exports to Africa have nicely met the wants of the African individuals of their manufacturing and every day life, Qian stated, including that Africa can be an essential supply of mineral sources and power for China, which performs an important function in sustaining the steadiness of China’s industrial chain.
商务部周三表示,今年前三季度,中非贸易额达到1852亿美元,创历史同期新高。
今年1-9月,中非经贸合作各项指标总体呈上升趋势,贸易额达1852亿美元,同比增长38.2%,创历史同期新高。中国商务部副部长钱克明在新闻发布会上说。
中国对非全行业直接投资25.9亿美元,同比增长9.9%,比中国对外投资总体高出3个百分点,超过疫情爆发前2019年同期水平。
中国企业在非洲新签项目535亿美元,成交额269亿美元,同比分别增长22.2percent和11.6%,显示出对非洲市场前景的信心。
截至2020年底,中国已连续12年保持非洲第一大贸易伙伴地位,中国向非洲出口的工程机械和生活必需品很好地满足了非洲人民生产生活的需要。非洲也是中国重要的矿产资源和能源来源地,对维护中国产业链的稳定起到了非常重要的作用。
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Bravo Africa 🌍
Bravo China 🇨🇳
Peace and prosperity to ALL.
Africa loves China for bringing employments and prosperity to the continent.
CHINA THE BEST COUNTRY IM THE WORLD
Everyone needs Chinese money.
Why is it in US dollars not CYuan & African Rand
fake news——BBCnn
US not happy, and wants to star invasion of Africa under guise to fight terrorism that doesn’t exist
While Western countries made Africa a source of Slave resources and human trafficking 🤣
Glad to see the livelihoods of Africa have improved significantly as a result of a great synergy with China. Africa continent is on track for a better future ahead. African leaders have shown great wisdom in choosing to work with China who is the better bet over their colonial masters, towards a common and shared prosperity. I wish I could say the same for Scottie and Australia.
China builds and improve life anywhere they go.
US kills and destroy
africans are ungrateful due to western propaganda accusing chian of colonization
Make Africa better 🙌🙌🙌
This is outrageous. USA loves Africa so much they imported their people in the 1800s to work in the USA …
AFRICA's DEBT TO CHINA HITS A RECORD HIGH!
👍👍👍👏👏👏better than the west export war, desease, and conflicts for african resourses. Just look at libya.
🇨🇳🇨🇳🇨🇳🇨🇳👍👍👍👍👏👏👏
China is the light bringer to the poor African countries. The western and Indian media is portraying this helping hand as a debt trap. Even if we consider China's help a debt trap, this is great and not the same as bombing and invading other countries which America and its allies are good at.
If African countries can develop at this rate, AUKUS would shite their pants for sure.
China do indeed boost Africa Economy
An increase in prosperity for both China and Africa,
will cause the jealous unethical usa gov to explode with jealousy and anger and fury,
and i can bet u the usa gov will be plotting and making plans,
to try to sabotage both China and Africa,
as an increasingly wealthy China and Africa,
is what the trouble maker usa gov fear and hate most .
Or to put it another way, Africas debts to China reach record highs. China has already spent $148bn in Africa, probably more on conditions of secrecy, mostly on infrastructure projects. This will have to be repaid somehow.
In 2020, a third of all debt repayments by African countries went back to Chinese creditors. Countries such as Angola, Zambia and South Africa are most heavily indebted to China with up to 20% of GDP being used to service loans.
This is what the west don't like. Go china- go Africa.