Win-win cooperation between China and Africa
Updated: 2013-03-27 22:12
(chinadaily.com.cn)
|
|||||||||||
Chinese President Xi Jinping's visit to three African countries ushers Sino-African cooperation into a new period, says an article of the 21st Century Business Herald. Excerpt:
In the past decade, more and more African countries have been motivated by China's economic growth. They are eager to learn how China has grown from a less-developed agricultural country to an industrial country that has lifted most its poor people out of poverty in a short period of time.
China's path cannot be copied or transplanted given the different national conditions. The West is increasingly worried about China's expanding influence in Africa and is trying to contain China. But this is a wishful action.
In fact, the West came to Africa much earlier than China. Be it colonialism or neocolonialism, experience proves that the West has not brought real concrete changes to the less-developed continent. But China has accomplished what the West had failed to do in Africa. China has invested more than $20 billion in African countries and has promised another $20 billion in the next three years. The support for Africa is significant against the backdrop of the global financial crisis.
China has many reasons to pay attention to Africa. China has entered a transformation stage. It is eager to find more foreign markets to release its excessive capital and productivity. The market in the West has shrunk, and China's domestic consumption is limited.
China will attach more importance to the African market. China sincerely hopes African countries develop faster, which is helpful for China's economic transformation and growth. This is a win-win situation.
Related Stories
Critics of China-Africa relations 'not objective' 2013-03-27 00:11
New chapter for China-Africa relations 2013-03-26 22:10
West shouldn't define China-Africa relationship 2013-03-26 07:03
China, Africa trustworthy friends: Xi 2013-03-26 01:46
Today's Top News
Police continue manhunt for 2nd bombing suspect
H7N9 flu transmission studied
8% growth predicted for Q2
Nuke reactor gets foreign contract
First couple on Time's list of most influential
'Green' awareness levels drop in Beijing
Palace Museum spruces up
Trading channels 'need to broaden'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |
Firms crave cyber connection |