中国加大对非洲投资
时间：2015-11-30 00:29:49
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（单词翻译）
Vice1 Commerce Minister Qian Keming says future cooperation will focus more on strengthening infrastructure2 construction in Africa and helping3 the continent to realize industrialization and agricultural modernization4.
Speaking at a press conference on Thursday, Qian says China and Africa have mutually benefited from their cooperation.
"China has been Africa's largest trading partner for the past six-consecutive-years. The trade volume between the two reached 220 billion U.S dollars in 2014, 20 times higher than the figure when the
Forum5 was established. Africa is an emerging destination for investment from Chinese enterprises. The stock of direct investment from China to Africa has reached 32.4 billion US dollars, growing by over 30% yearly in the past 15 years."
Despite the
robust6 figures, trade between China and Africa has been under downward pressure since a slowdown in the world economy this year.
Qian points out that this is largely due to the slide in global commodity trading prices.
中国加大对非洲投资
He notes that China's imports from Africa have largely not been
affected7 by the trend, while China's exports to Africa reached 80.9 billion U.S dollars, representing a 5.8% year on year growth.
Qian said all these figures show that cooperation between China and Africa is looking optimistic but that there are indeed some imbalances in the Sino-African trade structure which need to be adjusted in the future.
"China has trading surplus while Africa has a
deficit8. Also the trading structure is not
diversified9 enough. Until now, our imports mostly focus on natural resources and some primary agricultural products. So we will try to diversity our imports from Africa. On the other hand, China will expand the investment scale to Africa, and promote further production capacity cooperation."
Qian says China will unveil a package of cooperation proposals at the Johannesburg meeting to help African countries upgrade industrial structure, safeguard food security and build infrastructure.
Also at the summit, Chinese companies will exhibit their
expertise10 in the areas of railway, aviation, electricity, telecom,
machinery11 and smart manufacturing.
For CRI, I am Min Rui.
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