Kenya Ministry of Roads and Transport Mohamed Daghar flags off new passenger coaches from China at Kenya’s port city of Mombasa on July 22. – Xinhua photo BEIJING (Aug 23): China-Africa economic and trade cooperation has continued to scale new heights since the 2021 Forum on China-Africa Cooperation (FOCAC), delivering tangible benefits to the people of both China and Africa, Assistant Minister of Commerce Tang Wenhong said Tuesday. Tang made the remarks at a press conference detailing the progress and achievements that have been made under the nine cooperation programs China announced during the FOCAC’s 8th Ministerial Conference held three years ago in Senegal.
These nine programs span categories such as medical and health, poverty reduction and agricultural development, trade and investment promotion, digital innovation, green development and capacity building, among others. According to Tang, driven by programs aimed at trade and investment promotion as well as poverty reduction and agricultural development, China-Africa investment and trade cooperation has developed steadily. Growing trade, investment cooperation “China has remained Africa’s largest trading partner for 15 consecutive years,” Tang said, noting that in 2023, China-Africa trade reached US$282.
1 billion, up nearly 11 per cent compared with 2021, which demonstrates the strong resilience of China-Africa trade. In terms of investment, China-Africa investment cooperation has grown steadily. As of the.