Region:
BRICS
Category:
Politics

Strengthen China-Africa economic relations

This is demonstrated by some of the statistics that were released in the portal Xinhua News Agency of China

The Chinese premier, Li Keqiang, is in his first tour to Africa since taking office in 2013.

During his visit, he hoped China and African countries signed cooperation agreements in various areas.

The following are some key statistics of economic relations between China and Africa:

- Trade between China and Africa reached 210.300 billion U.S. dollars in 2013, unlike the trade volume of 1965 was only 250 million U.S. dollars.

- China has been the largest trading partner of the continent for five consecutive years.

- By the end of 2013, China had invested directly in Africa over 25,000 million U.S. dollars.

- More than 2,500 Chinese companies are doing business in the continent in sectors including finance, telecommunications, energy, manufacturing and agriculture. These companies have created more than 100,000 jobs in the continent.

- By the end of 2013, Chinese enterprises had signed contracts for projects worth close to 400,000 million dollars. The companies have built more than 2,200 kilometers of railways and 3,500 km of roads.

source: http://spanish.xinhuanet.com/

traslation: Belén Zapata