 |
Chinese products are popular in Tanzania |
Win-win cooperation
When China was helping with Tanzanian economic development, Chinese enterprises were also offered a lot of opportunities to invest overseas. Since the 1990s, China has been improving the form of foreign aid, hoping to help more Chinese enterprises enter African market through aid projects; and meanwhile, it also managed to get the local government and enterprises involved in the operation and management.
"Over the past decade, Africa has shown a trend of rapid development, which has a reciprocal demand with economic growth in China," said Cao. "Africa's development needs financial support, while China, with its abundant foreign exchange reserves, can fuel its domestic economic development and improve people's livelihood and help Chinese enterprises invest overseas as well." "Compared to the 1960s and 1970s, today China-Tanzania cooperation is more comprehensive and reaches out to more areas. Under the new structure, we have a more flexible formality and wider scope for further cooperation," Cao said.
People-to-people contacts and exchanges are also remarkable. In the past 46 years, China has consecutively dispatched 2,000 medical workers to Tanzania and provided different training courses to 3,000 Tanzanians. The number of Tanzanians who have studied in China has increased to 1,200. In different professions, they are making vital contributions to Tanzanian social and economic development.
|