Kindly Share This Story:China is prepared to assist countries in Africa launch a continental free trade and investment platform, drawing on its international trade experience, a senior Chinese official said in Nairobi on Sunday. Chang Hao, deputy director-general at the International Cooperation Centre of China’s National Development and Reform Commission (ICC-NDRC), said that China will enhance trade in Africa through its implementation of the Belt and Road Initiative (BRI), which aims to connect 70 countries through infrastructure. “We are prepared to assist African countries through the promotion of trade facilities, building Africa’s industrial capacity to develop its value chain and building complete proposals for China and African countries to implement the various partnerships which exist between them,” Chang said. Addressing a virtual meeting of top economic policy think tanks during the seventh Africa Think Tanks Summit, Chang said building the trade relationship between China and Africa is currently focused on how China can facilitate the implementation of the Africa Continental Free Trade Area (AfCFTA). China has signed agreements with 39 countries in Africa to establish cooperation in building industrial capacity to promote the local manufacturing of goods in Africa, Chang said. He said the cooperation with African countries is focused… Read full this story
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