Mubasher: China will seek to boost its investments in Africa and promote cooperation in emerging industries such as aviation, tourism, marine economy and green economy, said Vice Commerce Minister Qian Keming.
He believes the cooperation will foster a fresh growth point for both sides.
Chinese enterprises had invested over $30 billion in Africa by 2014, 64 times that of 2000,while the bilateral trade volume reached $222 billion, 20 times that of 2000, according to official data.
Though both sides have been plagued by sluggish external demand and softening trade in the global financial crisis, China and Africa still have a bright outlook through their deepeningeconomic cooperation, Qian said.
China is promoting the ‘Belt and Road’ Initiative and industrial cooperation, while African countries are in the midst of industrialisationand modernisation.
