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China sends Africa a signal that Belt and Road Initiative is still open for business © XINHUA Tanzania has revived its interest in joint infrastructure projects with China. Photo: Xinhua
China s Foreign Minister Wang Yi used his recent visit to Africa to signal that Beijing was still willing to fund infrastructure projects under the Belt and Road Initiative despite fears that the multibillion-dollar scheme faces budget cuts.
During last week s tour, which ranged from the islands of the Seychelles to the continent s most populous country Nigeria, Wang also signalled that China was ready to help boost Africa s industrial capacity and expand trade.
What does the Chinese FM s visit mean for Africa?
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Rise of Special Economic Zones in Africa: Can Agricultural Processing Be the Next SEZ Success Story?
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By Xia Yuanyuan · 2020-10-28 · Source: ChinAfrica
Chinese and African officials and experts lauded achievements in China-Africa cooperation and called for closer ties between China and Africa at a webinar to mark the 20th anniversary of the establishment of the Forum on China-Africa Cooperation (FOCAC) on October 28.
With the theme of 20 Years of the Forum on China-Africa Cooperation: Prospects and Perspectives, the webinar was hosted by BEIJING REVIEW, a media outlet under China International Publishing Group (CIPG). Officials and media professionals from China and African countries reviewed the important role of FOCAC in promoting China-Africa cooperation in all fields in the past two decades, offered suggestions on the future development of China-Africa cooperation.