CAIRO, Aug 26 (SEE) – Minister counsellor for economic affairs at the Chinese Embassy in Cairo Han Bing announced on Saturday that trade exchange between China and African states increased by 14% year-on-year in 2017, registering $170 billion.
Han Bing said: "China sees major opportunities for the expansion of economic cooperation with African countries in fields such as agriculture, investment, energy and natural resources."
Beijing intends to carry out several projects in African countries, including a modern agriculture centre and another one for ocean research.
The minister said: ''China will host the Forum on China-Africa Cooperation (FOCAC), which will include a ministerial conference on 1 and 2 September, and then another meeting at the level of Chinese and African heads of state on 3 and 4 September.''
FOCAC aims to bolster cooperation between Beijing and the continent at the political, economic and cultural levels to maintain security, stability as well as promoting anti-terrorism efforts.
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