BEIJING, April 11 (Xinhua) -- China's Ministry of Commerce (MOC) said on Thursday that the government encourages Chinese companies to explore new investment potential in Africa in such areas as digital economy and green development, and to innovate the investment-construction-operation model.
Responding to a media enquiry on China's investment in Africa, MOC spokesperson He Yadong said at a press conference that the government encourages Chinese firms to expand economic and trade cooperation in Africa in accordance with commercial and market rules.
"In recent years, China's investment and cooperation with Africa have developed steadily and healthily," he said, adding that in 2023, China's direct investment in Africa maintained a growing trend, with projects covering diversified sectors such as building materials, automobiles, home appliances and agricultural product processing.
He said that China's infrastructure cooperation in Africa in fields such as transportation, energy, electricity and housing has promoted local economic development and improved people's livelihoods.
China-Africa economic and trade cooperation has achieved fruitful results, and there is broad space for continued cooperation in the future, he said. ■
Yvette Fielding says her Most Haunted co
Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana
Google parent reports another quarter of robust growth, rolls out first
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
Why Pedro Sánchez is mulling his future as Spain's leader
First cargo ship passes through newly opened channel in Baltimore
Yvette Fielding says her Most Haunted co
Red Lobster seeks bankruptcy protection after closing some restaurants
Ashley Tisdale confesses 'being sick while pregnant is no fun' after revealing her 3