World
China's "Hunan model" energizes Sino-African cooperation
  ·  2021-04-20  ·   Source: Web Exclusive


The promotion conference for the Second China-Africa Economic and Trade Expo (CAETE) and the Pilot Zone for In-depth China-Africa Economic and Trade Cooperation is launched in Beijing on April 19 (COURTESY PHOTO)

The second China-Africa Economic and Trade Expo, set to take place in Changsha, Hunan Province, from September 26 to 28 this year, will focus on key areas such as trade and investment promotion, agricultural technology, energy and power, medical health, infrastructure, and financing.

Centered on the themes of “new beginning, new opportunity, new vision,” the event aims to promote the Pilot Zone for In-depth China-Africa Economic and Trade Cooperation. Construction of the project has been accelerated following the release of a master plan for the Hunan Free Trade Zone (FTZ) last year.

Ren Hongbin, Assistant Minister of Commerce, said the event intends to demonstrate China’s confidence and determination to further open up, share the country’ development dividends, and enhance its cooperation with African countries in the new era.

He Baoxiang, Vice Governor of Hunan Province, said that ever since the expo settled in Hunan in 2019, the province has integrated all works related to the expo, the China-Africa economic and trade cooperation, and the building of the China (Hunan) Pilot Free Trade Zone together, creating a leading pilot zone for in-depth cooperation between China and Africa.

Pioneering in-depth economic and trade cooperation between China and Africa, the Hunan FTZ focuses on developing a world-class advanced manufacturing cluster, as well as an international investment and trade corridor.

Mamadou Ndiaye, Ambassador of Senegal to China, said that the “Hunan model” promotes development of innovation demonstration parks through China-Africa economic and trade collaboration, providing African countries with an important platform that utilizes the expo to gain tangible benefits.

Copyedited by Elsbeth van Paridon

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