As Africa strives to industrialize, the ability to bring prosperity, create jobs and improve incomes for all will be greatly helped by Chinese investments in the continent, as well as helping deepen the relationship between the two partners, experts say.
Trade and investment between China and Africa are strengthening and becoming more mature, and are proof of the successful building of a China-Africa community with a shared future, according to experts and business executives.
The 3rd China-Africa Economic and Trade Expo, scheduled to run from June 29 to July 2, will serve as an important mechanism for boosting China-Africa business cooperation and promoting high-level opening-up, officials said at a news conference on Tuesday.
President Xi Jinping has underlined the need for China and African countries to strengthen unity and cooperation to cope with risks and challenges for common development, calling for joint building of a higher-level China-Africa community with a shared future.
Trading under the African Continental Free Trade Area, or AfCFTA, began on Jan 1, bringing into being the largest free trade zone by number of countries participating.