China's Commitment to Africa -- Beijing Review

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Relations between the largest developing country and the continent with the most developing countries have become increasingly close since the 1950s. Half a century has passed, and China has established diplomatic relations with 49 African countries. Now this relationship is moving in a more pragmatic direction featuring mutual benefits

Creating Opportunities in Africa

With a population of 900 million and untouched natural resources, Africa has enormous economic potential. Like many other countries, China has worked to promote business connections in Africa. Chinese companies have provided a much-needed economic boost and employment opportunities for many African countries

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Win-Win Trade
China and Africa find new ways to drive mutual development

Healing Angels From China
Medical teams from China fight death and disease in the harshest environments in Africa

Background

China's FDI in Africa

Since 2000, driven by the Forum on China-Africa Cooperation, China's foreign direct investment (FDI) in Africa has been growing rapidly.

In the face of the global financial crisis, which led to global FDI flows falling, China's investment in Africa has been on a steady, upbeat rise without any interruption. In 2009, China's direct investment in Africa reached $1.44 billion, of which non-financial direct investment soared by 55.4 percent from the previous year. Africa is among the fastest growing regions in terms of attracting China's investment.

Some biased and misleading reports have had a negative impact on Sino-African trade, but facts proved that China's investment effectively makes up for the shortage of funds and optimizes the industrial structure in Africa.

(ChinAfrica VOL.3 February 2011)

Related Reports

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-	2011 China-Africa Investment Cooperation Symposium
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