Home News Ministry of Commerce: From January to September this year, China-Africa trade volume reached US$185.2 billion, the highest in the same period in history

Ministry of Commerce: From January to September this year, China-Africa trade volume reached US$185.2 billion, the highest in the same period in history

by admin


Original Title: Ministry of Commerce: From January to September this year, China-Africa trade volume reached US$185.2 billion, the highest in the same period in history

On November 17th, the State Council Information Office held a press conference on the economic and trade work of the 8th Ministerial Conference of the Forum on China-Africa Cooperation on the 17th. Vice Minister of Commerce Qian Keming said that from January to September this year, all indicators of China-Africa economic and trade cooperation showed an overall upward trend. Among them, China-Africa trade volume reached 185.2 billion US dollars, an increase of 38.2% year-on-year, and also reached the highest level in the same period in history.

China’s non-industry direct investment was US$2.59 billion, a year-on-year increase of 9.9%, and the growth rate was 3 percentage points higher than China’s overall foreign investment, and exceeded the level of the same period in 2019 before the epidemic. The value of newly signed contracts by Chinese companies in Africa was US$53.5 billion, and the completed turnover was US$26.9 billion, a year-on-year increase of 22.2% and 11.6% respectively. These figures fully demonstrate the confidence of Chinese companies in the future development of Africa and the prospects of the African market.


.

See also  [British media headlines]Deputy Prime Minister called for "stop hate speech against politicians", Democrats oppose Biden's climate policy
0 comment
0

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy