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. ■
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
China sweeps 3 golds as badminton concludes at Hangzhou Asiad
Interview: Hangzhou Asian Games one of the best events: Kuwaiti gold medalist
China issues guidelines for enforcement of 10
Company wins court ruling to continue development of Michigan factory serving EV industry
Policies yield key results in Xiong'an
Caring for Cranes Meticulously
Policies yield key results in Xiong'an
Ben Whishaw lights up the Croisette as he joins his co
Veterinarian Provides Quality Services to Rural Residents
Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
Cultural Relic Conservators Safeguard Ancient City's Glory