Toward common development

People's interests should be at the core of everything that China and Africa do to realize their respective dreams

Recently, the new Chinese administration under the distinguished leadership of President Xi Jinping unveiled the "Great Chinese Dream". Through this dream China affirms its "commitment to connecting its development with that of Africa, aligning the interests of the Chinese people with those of the African people, and integrating China's development opportunities with those of Africa", stressed President Xi.

It is in this regard that the Chinese dream has received immense appeal in Africa it conjures a vision of collective achievement and resonates with the continent's dream.

We in Tanzania know that the Chinese dream espouses the same objectives that we are striving to reach poverty alleviation, economic growth and attainment of sustainable development as articulated in the country's National Development Vision 2025. We have a workable tool. The Forum for China-Africa Cooperation, based on the principles of equality, mutual trust, win-win cooperation and two-way cultural exchanges, among others, stands to make a huge contribution to the practical realization of the Chinese dream and African dream.

The emergence of China as a global economic giant and Africa's largest trading partner has raised hopes that a win-win partnership could unleash the continent's economic potentials. China's growth trajectory and intensified China-Africa relationship offers several unprecedented opportunities for both sides. China has become an important export destination for Africa and its rising domestic consumption bodes well for the continent as it could sustain demand for African exports. Africa, on the other hand, stands to benefit significantly from the increased trade relations with China as a gateway to other Asian markets.

In recent years, the African continent has seen rising levels of Chinese foreign direct investment flowing into key sectors such as telecommunications, transport, port construction, power generation and agriculture. Given the scale of Africa's infrastructure gap, these investments present Africa with the much-needed impetus to rapid social and economic development.

On the other hand, China-Africa partnership offers African countries an opportunity to draw a leaf from China's experience in the competitiveness of its industry and exports. There is huge potential for using the current partnership arrangements to boost Africa's agricultural sector that remains the largest employer of its people.

Chinese investors, on their part, can make use of the improved economic environment on the continent, which has thus far proved resilient to the global economic crisis. Investing in Africa means getting access to a consumer market of more than 1 billion people with its fast-growing middle class.

One of the challenges is how to ensure that China-Africa relationship is as equitable as it is sustainable in its long-term cumulative effect. In one of his landmark speeches, Tanzania's first president Mwalimu Julius Nyerere aptly said: "If a door is shut, attempts should be made to open it; if it is ajar, it should be pushed until it is wide open. In neither case should the door be blown up at the expense of those inside" (from his Stability and Change in Africa speech delivered at the University of Toronto, Canada, Oct 2, 1969). Let us use the FOCAC mechanism to ensure that the door is not blown up.

Africa is much more than a scene of what has often been referred to as "destination for natural resource exploitation" for foreign investors. Africa is a land of strategic opportunities for those who are keenly interested in working with us to forge win-win partnerships. It is indeed strategic cooperation that will demystify the claim that the increased engagement of emerging economies (such as BRICS) in Africa is essentially driven by the continent's abundant, untapped natural resources.