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Angola becomes China's largest trade partner in Africa

(Xinhua)
Updated: 2009-09-27 15:14

Angola had become China's largest trading partner in Africa, with bilateral trade rising to $25.3 billion in 2008, Chinese Ambassador to Angola Zhang Bolun said in  Luanda on Friday.

Although the two countries are facing tough challenges arising from the current global financial crisis, trade between China and Angola had registered a significant increase in the past few years, he said.

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According to Zhang, more private Chinese investors will come to Angola next year.

"An increasing number of Chinese contractors in the fields of agriculture, food industry, timber processing and information technology, among others, will come to Angola next year," he said.

Apart from infrastructure projects such as railways, roads, hospitals and schools, China and Angola could also cooperate with each other in other sectors, Zhang said.