<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Economy

          From Beijing to Benin, Guinea to Guangzhou

          By Ding Qingfen (China Daily)
          Updated: 2011-06-15 10:42
          Large Medium Small

          Robust growth

          China's investment in Africa can be traced back to the 1980s. At that time the nation's businesses gained a presence in the continent's markets through aid projects. But the investment has diversified and gradually expanded region by region during the past three decades.

          According to the Ministry of Commerce, China's investment in Africa had grown to $9.33 billion by the end of 2009, going into industries such as finance, mining, manufacturing and agriculture.

          "That leaves an amazingly large potential for Chinese investors to tap into Africa. In the next five to 10 years, Chinese investment in Africa will be on a fast growth track," said Hu Zhirong, vice-president of the China-Africa Development Fund (CADF).

          In the nations at the heart of the social unrest, such as Eygpt, policymakers are pushing to stimulate the local economy to improve the general standard of living.

          Related readings:
          From Beijing to Benin, Guinea to Guangzhou Africa welcomes China's growing economic clout
          From Beijing to Benin, Guinea to Guangzhou Real benefits for Africa
          From Beijing to Benin, Guinea to Guangzhou Key African economist hails China's investment
          From Beijing to Benin, Guinea to Guangzhou China to fund $900m projects in Nigeria

          "China's investment in Egypt will be very positive in the long term when the political situation stabilizes, although the amount invested will probably decline this year," said Ma Jianchun, a minister counselor at the Chinese embassy in Cairo.

          By 2010, China's accumulative investment in Africa was $10 billion and Standard Chartered Bank has predicted that the nation will be investing a staggering $50 billion annually in the continent by 2015.

          In addition to resource-related industries such as agriculture and mining, the manufacturing and infrastructure sectors will also see rapid growth and absorb more Chinese investment, Hu said.

          China's investment, especially in infrastructure projects, has stimulated exports to Africa. "An upward trend has appeared in China's exports of electric machinery, power equipment and road locomotives to Africa," said a report by Standard Chartered.

          In 1950, Sino-African trade was a mere $12.1 million. The establishment of the China-Africa Cooperation Forum in 2000 helped to take bilateral economic and trade relations into a new era. In 2008, bilateral trade reached $100 billion from $7.3 billion in 2000 and, in 2010, it hit a record $126.9 billion.

          As a subsidiary of China Development Bank Corp (CDB), CADF was established after China's President Hu Jintao proposed a fund to promote bilateral investment relations in 2006. By 2009, CADF had earmarked $700 million for 30 projects in sectors such as agriculture, machinery manufacturing, electricity and mining.

          Compared with Western projects, China's investment in Africa is "quite small, and the tiny proportion does not tally with China's long-term economic and trade relationship with the region", said Hu of CADF.

          Overseas media reports have often accused China of grabbing resources in Africa by making investments and exchanging foreign-aid projects for resources. However, officials and experts from both China and the African nations have noted that Western companies made much earlier forays into the African continent and some even remain dominant in the mining industry today.

          The commerce ministry's Fu said he totally disagreed with the criticism. "China's long-term foreign aid to African nations is prompted by real friendship. For example, China has a lot of foreign aid-related projects in nations such as Mali, that have few natural resources," he said.

          Good bet

          China contributes to Africa not only through investment, but also through its role as a successful transitional economy that can provide lessons for the continent.

          For their part, African nations across the board are increasing efforts to invigorate their economies and create more jobs.

          Alpha Conde, the president of Guinea - a nation that has the world's largest reserves of bauxite, the raw material from which aluminum is acquired - said that Guinea welcomes Chinese investment, which is helping to stimulate the nation's agricultural and manufacturing sectors.

          Ethiopia has just launched its second Five-year Plan (2011-2015), called "The Growth and Transformation Plan", as it strives to transform itself from an agricultural economy to one based on industry.

          Rob Davies, South Africa's minister of Trade and Development, said recently that African nations need to drastically develop manufacturing and labor-intensive industries to effectively address the problem of poverty, rather than over-reliance on developing their mining resources.

          China has set a good example in pursuit of such a goal, and Africa can learn from China's experiences, said Davies.

          China launched its reform and opening-up policy three decades ago. By the end of 2010, the country's accumulated inbound foreign direct investment was more than $1 trillion and the nation's foreign trade was $2.97 trillion, accounting for 10 percent of the global total.

          According to Li Xiaobing, deputy director-general of the Commerce Ministry's Department of Western Asian and African affairs, "China and Africa need each other more and more as both are at crucial periods of economic transformation".

          For the African nations, Chinese investment has brought them not only quality goods and technology at a low price, but also hundreds of thousands of job opportunities.

          China-Africa Leather Co Ltd, which is situated in Ethiopia and is China's largest leather investment deal on the continent, is a good example of this.

          With investment of 159 million yuan ($24.5 million), the company began operations in November 2010, with the capacity to manufacture 1.5 million square meters of finished leather and 1 million pairs of leather gloves annually, mainly for export to China and the European Union.

          "We have helped strengthen the development of livestock-raising chains in Ethiopia, improving the processing capability of the local industry," said He Mingliang, chairman of China-Africa Leather. The company has created 1,300 jobs locally and could generate foreign exchange of $25 million annually, he said.

          "What is certain is that we have a long-term strategy here, thanks to the low cost of labor and the huge market potential," He said.

          Bumpy road ahead

          However, promising prospects cannot hide the invisible conflicts and problems that can confront the Chinese companies at any time.

          China-Africa Leather's He cautioned that the troubles are ever-present. In late April, the company was asked by the local government to suspend operations because of alleged water pollution. "They (the local government) always seem to be looking for errors," said He.

          The unstable political situation in several African nations is another major challenge for investors and business people. Du Weiqiang, vice-president of Chery International, the overseas sales arm of Chery Automobile Co Ltd, told China Daily that Africa is not a priority area for the company's overseas investment because of the possibility of political turbulence.

          "Traps always follow opportunities. We don't want to bet much on the region for the time being, although we are willing to expand in Africa," Du said.

          Latin America is the company's best-performing market. China's largest auto exporter has factories in Brazil and Uruguay, and has signed an agreement with the Venezuelan government to establish another.

          "The greater the opportunities, the greater the risks," said Li from the commerce ministry.

          According to Li Jiping, vice-governor of CDB, a "long-term business strategy" is the best way to leverage the opportunities in Africa.

          "Nobody can ignore the opportunities, especially in the next three to five years, but without a long-term strategy, we can easily see promising chances slip away," he said.

          However, "we should always brace ourselves to expand business in Africa with full confidence", Li said.

          "The challenges will never change our mind about gaining a foothold in Africa," agreed He Mingliang.

          From Beijing to Benin, Guinea to Guangzhou

          A car factory owned by Lifan Group in Ethiopia.[Photo/China Daily] 

          From Beijing to Benin, Guinea to Guangzhou

            A stadium under construction, which China is helping Guinea to build in its capital city Conakry. [Photo/China Daily] 

           

           

           

             Previous Page 1 2 Next Page  

          分享按鈕
          主站蜘蛛池模板: 精品一区二区三区四区色| 色伊人国产高清在线| 蜜臀av一区二区三区不卡| 欧美丰满熟妇xxxx性ppx人交| 婷婷综合缴情亚洲| 亚洲国产大胸一区二区三区| 91综合在线| 日韩乱码人妻无码中文字幕视频| 美女啪啪网站又黄又免费| 中文字幕国产精品第一页| 国产中文字幕在线一区| 99久久亚洲综合网精品| 亚洲国产性夜夜综合| 国产精品一区中文字幕| 国产真人无码作爱视频免费| 亚洲熟妇少妇任你躁在线观看无码| 精品一区二区三区在线成人| 老司机免费的精品视频| 成在人线AV无码免观看麻豆| 久久天天躁狠狠躁夜夜不卡| 亚洲av日韩av一区久久| 日韩美av一区二区三区| 中国女人内谢69xxxx| 少妇人妻精品无码专区视频| 中日韩精品视频一区二区三区| 国产95在线 | 欧美| √天堂中文在线最新版| 国产精品久久久久无码网站| 伊人久久大香线蕉aⅴ色| 亚洲成aⅴ人在线观看| 精品国产午夜福利在线观看| 4hu四虎永久免费地址ww416| 久久大香伊蕉在人线免费AV| 一本大道无码高清| 亚洲欧美日韩成人综合一区| 人妻在线无码一区二区三区| 亚洲国产成人精品女人久| 蜜桃视频在线观看免费网址入口 | 野花香视频在线观看免费高清版| 99在线精品免费视频| 亚洲欧美日韩国产国产a|