The fourth China-Africa Economic and Trade Expo kicked off in Changsha, China, on Thursday, underscoring the country’s dedication to fostering stronger relationships with Africa. As the world’s largest developing country, China is committed to deepening its ties with the continent, which boasts the highest number of developing nations. The expo, attended by nearly 4,700 Chinese and African companies and over 30,000 participants, is themed “China and Africa: Together Toward Modernization” and is set to run for four days.
Chinese Foreign Minister Wang Yi attended the opening ceremony, expressing his optimism about the expo’s potential to create new opportunities for China-Africa cooperation and yield tangible results. He was joined by Ugandan Prime Minister Robinah Nabbanja, Liberian Vice President Jeremiah Kpan Koung, and Kenyan Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi. The presence of these high-ranking officials highlights the significance of the expo in promoting economic and trade ties between China and Africa.
The expo has already shown promising results, with the value of cooperation projects agreed upon surpassing $11 billion, according to organizers. African exhibitors have welcomed the opportunity to showcase their local specialty products, expressing confidence in the potential outcomes. Thula Sindi, an exhibitor from South Africa, noted, “The products I brought from South Africa are exotic, beautiful colors that we recreated. There are over 13 different brands that have come from the continent to showcase their beauty here at Africa Reimagined.” Sindi emphasized the importance of collaboration between Chinese and African people, stating, “The kind of collaboration I’d love to reach at this expo is for Chinese and African people to work together.”
During the expo, 30 economic and trade activities will be held, focusing on 10 partnership actions between China and Africa. These activities will cover a range of topics, including industrial chain cooperation, traditional medicine, cultural industry and trade, youth innovation, and entrepreneurship. Additionally, six special events will take place, including the China-Africa Private Economy Forum and the China-Africa Film Week. These events are designed to promote mutual understanding and cooperation between China and Africa, driving economic growth and development in the region.
China’s investment in building closer ties with Africa is evident in its recent announcement to remove all tariffs on African exports. This move is expected to boost trade between China and African nations, further solidifying China’s position as Africa’s largest trading partner. As the expo continues, it is clear that China and Africa are committed to strengthening their economic and trade relationships, paving the way for a brighter future for both regions.