Intro:
In 2013, the FDI to Africa is 3.37billion USD, with an increase rate of 33.9%. By the end of 2013, there are nearly 3000 Chinese overseas enterprises in 45 countries of total 52 countries in Africa, making Africa the second largest destination of Chinese enterprises after Asia. It has been the fifth consecutive year that China has become Africa's largest trading partner. Earlier this month, the president of South Africa together with a number of ministers visited China and highlighted the economic cooperation between Africa and China. Apart from emphasis on infrastructure construction, opportunities in clean energy are also mentioned. Cooperation in clean energy development with developing countries are consistent with China’s commitment to South-South cooperation on climate change and can also enable Chinese enterprises and financial institutions to benefit from the financing of climate actions.
Alert:
- South Africa’s Zuma in China to talk about further cooperation
- Forum on China-Africa Cooperation Delivered Fruitful Results
- Shanghai set up service support group for the BRICS bank headquarter,innovative equal-share mechanism reflects fairness (CH)
- China Railway Construction Corporation finished Nigeria's first standard gauge railway modernization project
- China bags Nigerian rail contract worth $12 bn
Sharing:
- New Book:《Chinese Investment Overseas Case Studies on Environmental and Social Risks》PEKING UNIVERSITY PRESS (CH)
- Event Review: BRICS Economic Think Tank Forum 2014 November Beijing