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
World / FOCAC

Chinese industrial power fuels Africa's growth

(Xinhua) Updated: 2015-12-03 19:19

BEIJING - The firm behind China's Three Gorges Dam has set its sights on sub-Saharan Africa.

When the China Gezhouba Group Corp. (CGGC) finished the massive hydro project on the Yangtze River in 1991, Chinese industrial firms were booming and the country was experiencing double-digit growth.

Today, Chinese companies like CGGC are downshifting following a domestic glut and turning their attention overseas, especially to underdeveloped regions in Africa.

The CGGC bought a 155-million-dollar heavy fuel oil power plant in Liberia in 2014 and is considering cement industry joint ventures in Nigeria and Angola to meet local infrastructure needs.

Another Chinese construction giant, the China Railway Construction Corp. Ltd. (CRCC), has railway projects in Ethiopia and Kenya. It is also discussing building affordable housing and power plants in other African countries including Zimbabwe, Cameroon and Mali.

These projects are in line with national support for a drive the government terms "industrial production capacity cooperation." This cooperation is expected to be high on the agenda for the Forum on China-Africa Cooperation Summit due to be held in South Africa from Dec 4-5.

Industrial production capacity cooperation refers to moving production lines and setting up factories overseas, building infrastructure and investing in industrial projects with local partners, and employing local people.

Africa is a natural partner for cooperation, Chinese and African economists and officials say.

China is Africa's largest trading partner. Africa's economy expanded by more than 5 percent annually over the past decade, but most of the continent lags behind in industrial production and infrastructure. China's extra industrial capacity, with its low costs and high quality, can fill the gap.

There are more than 3,000 Chinese businesses operating in Africa now in sectors including finance, telecommunications, energy, manufacturing and agriculture. Chinese companies have created more than 100,000 jobs on the continent.

Compared with developed economies such as the United States, Japan and Europe, China brings to Africa not the most advanced or expensive products and technology, but offers advantages in cost and utility, said Zhang Yansheng, an economist with China's National Development and Research Commission.

Previous Page 1 2 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 台江县| 威宁| 阿巴嘎旗| 隆回县| 图片| 汶上县| 上栗县| 朝阳区| 灯塔市| 普兰店市| 吴堡县| 连城县| 河源市| 连江县| 青川县| 阳朔县| 瑞昌市| 罗甸县| 闻喜县| 德格县| 绥中县| 新乡县| 勐海县| 友谊县| 海兴县| 新津县| 弥渡县| 金川县| 会昌县| 武川县| 广汉市| 德兴市| 东至县| 礼泉县| 中江县| 宜宾县| 永顺县| 滦南县| 淮阳县| 临城县| 台北县|