Strengthening Sino-African Economic Ties: Highlights from the 7th Forum on Economic Cooperation and Development

Strengthening

China-Africa Economic and Trade Cooperation Development Forum

The seventh China-Africa Economic and Trade Cooperation Development Forum was held recently, highlighting significant developments in Sino-African relations.

Key Highlights

During the forum, Qin Jinwei, President of the China-Africa Economic and Trade Promotion Association and Director of CCOMTV, was invited to attend the inauguration ceremony of Ghana’s new president. This event marks a significant step in reinforcing ties between China and African nations.

Local Events and Initiatives

In Loudi, various activities were organized for the New Year, showcasing cultural attractions in Shaoyang, including the romantic scenery of Langshan Mountain. Furthermore, National People’s Congress representative Ma Yanan has been focusing on the challenges faced by livestock farmers and enterprises, preparing five proposals to address these issues at the upcoming national meetings.

Promoting Elderly Welfare

Wang Hui, a representative from Shenyang, proposed innovative community services tailored for the elderly, aiming to enhance their quality of life.

Industry Updates

The China Express Association recently addressed the new regulations concerning delivery services, clarifying that they do not mandate home delivery exclusively, but emphasize service quality and security.

Water Resource Management

In a press conference held by the Ministry of Water Resources, officials discussed the current state of water resource management in China, including irrigation practices and total water usage.

Traditional Craftsmanship

On December 20, She Ji, a young artisan, showcased his craftsmanship in creating Xuan brushes, a technique recognized as a national intangible cultural heritage.

Sports Development

The National Sports Administration has announced new measures to boost sports consumption by enhancing both sporting events and manufacturing industries.

Financial Sector Innovations

Li Yunze, from the National Financial Regulatory Administration, discussed proposals to optimize loan structures for passenger vehicles and adjust insurance pricing for new energy vehicles.

Upcoming Events

The inaugural China-Africa New Energy Investment Summit is scheduled for March 28 in Dar es Salaam, aiming to strengthen investments in renewable energy in Africa.

Strategic Partnerships

On April 18, a strategic cooperation was established between the China-Africa Economic and Trade Promotion Association and AFG Bank, focusing on providing loan support for various projects, including solar energy and electric vehicle initiatives.

International Collaboration

In a series of collaborative meetings, Qin Jinwei engaged with AFG Bank officials to discuss potential investments in renewable energy projects across Africa.

Promoting Renewable Energy

The establishment of the China-Africa Joint Securities Exchange in Tanzania aims to facilitate financing for renewable energy companies and support the construction of solar power plants.

Conclusion

These developments signal a robust commitment to enhancing economic cooperation between China and African nations, particularly in the realms of renewable energy and community welfare.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/strengthening-sino-african-economic-ties-highlights-from-the-7th-forum-on-economic-cooperation-and-development/

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