Traditional Culture Encyclopedia - Traditional culture - What is the relationship between Africa's largest economy and China?
What is the relationship between Africa's largest economy and China?
China has a profound traditional friendship with Africa. The two sides have always been sincere, friendly and equal, and economic and trade cooperation has been deepening. In 20 16, China's newly-increased direct investment in Africa reached USD 3.2 billion, involving engineering construction, manufacturing, service industry, mining, agriculture, infrastructure and other fields. China-Africa economic and trade cooperation has set an example of South-South cooperation, which has effectively promoted mutual benefit and win-win development.
The government of Sao Tome and Principe put forward the "Development Agenda 2030", which is committed to developing the economy and improving people's livelihood in China. As the second largest economy in the world, China has sufficient capital, complete industrial system and advanced and applicable technical equipment, which will make positive contributions to the economic and social development of Sao Tome and Principe.
Extended data:
Information about Africa's largest economy:
1. Promote Africa's economic, social and cultural development and the process of economic integration in Africa, so as to improve self-reliance; Establish a framework for developing and mobilizing human and material resources in Africa.
2. Promote cooperation in various fields to improve people's living standards, maintain economic stability, and establish close partnership among member States; Coordinate existing and future policies among different entities.
3. Coordinate the implementation measures of the six stages of regional economic integration.
People's Network-CCPIT: China maintains its position as Africa's largest trading partner.
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