Beijing, March 8, 2017(TNE): Foreign Minister Wang Yi said that there would be no weakening in China’s support for Africa no matter how the international situation or world economy may evolve.
Wang told a news conference on the sidelines of the national legislature’s annual session on Wednesday that China and Africa have a shared future and their cooperation is like mutual help between brothers.
China announced 60 billion dollars funding support for Africa at the summit of the Forum on China-Africa Cooperation in December 2015 held in South Africa’s Johannesburg.
China also rolled out 10 major plans to boost cooperation with Africa at the summit.
The plans cover the areas of industrialisation, agricultural modernisation, infrastructure and financial services.
Others are green development, trade and investment facilitation, poverty reduction and public welfare, public health, people-to-people exchanges, and peace and security.
”What distinguishes China-Africa cooperation is that China always keeps its words,” Wang said, adding that so far, nearly half of the promised funding support had been disbursed or arranged.
Wang said the outcomes of the Johannesburg summit were being implemented in a swift and all-round way, including railway projects in Ethiopia, Djibouti and Kenya.
Others are the special economic zone in the Republic of Congo, an integrated port development project in Tanzania and a number of industrial parks across Africa.
Responding to Africa’s needs, China-Africa cooperation is undergoing three shifts, namely from government-driven to market-driven, from trading goods to cooperation on production capacity, and from engineering contracts to capital investment and operations.
”The shifts will provide new momentum and opportunities for Africa’s sustainable development.
”We need to speed up work and undertake more cooperation projects,” the foreign minister said.
Wang added that just as China was Africa’s most sincere friend in its quest for national independence and liberation, so China would be Africa’s most reliable partner in speeding up industrialisation and agricultural modernisation, and boosting its capacity for home-grown development. (TNE)