男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Economy

Africans' fatter wallets shift trade focus with China

By Zhong Nan and Yan Yiqi (China Daily) Updated: 2015-02-02 07:36

Africans' fatter wallets shift trade focus with China
As Africa presses on with industrialization and urbanization, it is buying more of the machinery and consumer goods from China that it needs to make these two things happen.

Even though serious price fluctuations in commodity markets affected both economies and market demand last year, trade between China and Africa was worth $201 billion in the 11 months to November, up 5.3 percent year-on-year.

Cao Jiachang, deputy director-general of the department of Western Asian and African Affairs at the Ministry of Commerce, says this is largely because many African countries have turned to other goods to trade with China, such as agricultural products, clothing and chemicals, as they are keen to further reduce the continent's heavy reliance on natural resources.

"China's exports to Africa are shifting toward products with higher technical content, such as mechanical and electrical products, motorcycles, televisions, better building materials for housing and other infrastructure items, mobile phones and telecommunications equipment," Cao says.

Africans' purchasing power has greatly improved in recent years, thanks to the rapid pace of urbanization, a relatively peaceful development environment and more government funds for industrial projects and efforts to raise the tandard of living.

At the same time, Chinese products have had the advantage of being cheap but of good quality. Many Chinese companies such as the car maker Lifan Group from Chongqing and shoemaker Huajian Group from Guangdong have moved to establish their brands and standards in Africa.

"We have also seen renewed interest from Chinese companies in investing in sectors such as steel, cement, electronics, clothing and automobile assembly lines," Cao says.

Diao Chunhe, president of the China International Contractors Association in Beijing, says: "China's project contracting businesses in Africa have also increased exports of mechanical and electrical products to the continent."

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 乐平市| 建湖县| 南投县| 南郑县| 尼玛县| 龙泉市| 彰化县| 启东市| 临邑县| 青岛市| 哈巴河县| 台东市| 浠水县| 东山县| 巴彦淖尔市| 石台县| 新巴尔虎左旗| 潼南县| 淮阳县| 曲松县| 镇巴县| 新丰县| 台中县| 淮北市| 永安市| 揭东县| 偃师市| 临江市| 微山县| 安陆市| 方城县| 大理市| 德清县| 中牟县| 睢宁县| 射洪县| 新巴尔虎右旗| 金阳县| 长海县| 藁城市| 福建省|