Xi sets out new China-Africa road map

By XU WEI | China Daily | Updated: 2021-11-30 06:57
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President Xi Jinping delivers a keynote speech at the opening ceremony of the Eighth Ministerial Conference of the Forum on China-Africa Cooperation. [Xinhua/Huang Jingwen]

Xi said China will work closely with African nations to carry out nine programs as part of the first three-year plan under the China-Africa Cooperation Vision 2035.

In addition to health programs, China will undertake 10 poverty reduction and agricultural projects in Africa and send 500 agricultural experts to the continent, he said.

China's imports from African nations will total $300 billion over the next three years. Fast lanes for African agricultural exports to China will be established by speeding up inspection and quarantine procedures. The number of products enjoying zero-tariff treatment for least-developed countries with diplomatic relations with China will also be increased, he said.

China will provide $10 billion to support African exports. A zone for in-depth China-Africa trade and economic cooperation will be built in China as well as a China-Africa industrial park for Belt and Road cooperation, Xi said.

As part of the investment promotion program, Xi said China will encourage Chinese businesses to invest no less than $10 billion in the continent in the next three years, and will establish a platform for China-Africa private investment promotion.

China will help build or upgrade 10 schools in Africa, and invite 10,000 high-caliber African professionals to seminars and workshops, he said, adding that Chinese companies in Africa will be encouraged to create at least 800,000 local jobs.

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