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Business News of Tuesday, 4 July 2017

Source: GNA

China to help Africa with capacity building - Ambasador Sun Baohong

China seeks to continue to help African countries with capacity building China seeks to continue to help African countries with capacity building

China seeks to continue to help African countries with capacity building, especially for the youth, since the energies and capabilities of a nation’s youth largely determines its strength.

Madam Sun Baohong, the Ambassador of the People’s Republic of China, at the opening of a two-day conference on China-Africa Relations on Tuesday in Accra, said China would assist African countries to educate and train about 200 million adolescents.

The conference, which was opened by Vice President Dr. Mahamudu Bawumia, was on the theme; “Building Resilient Industries and Infrastructure for Economic Transformation in Africa: The Role of China.”

It seeks to come up with recommendations towards the improvement of China-Africa relations.

Madam Sun said China-Africa co-operation had intensified since the establishment of the Forum on China Africa Co-operation (FOCAC) in 2000, adding that the 2006 Beijing Summit of FOCAC witnessed the establishment of a new type of China-Africa strategic partnership.

The Chinese Ambassador said the new partnership featured political equality and mutual trust, economic win-win cooperation and cultural exchange.

Madam Sun said the Chinese Government also had 10 major areas outlined for China-Africa cooperation namely industrialisation, agricultural modernisation, infrastructure, finance, green development, trade and investment and poverty reduction.

She also mentioned public health, cultural and people to people exchanges, and peace and security with a total of 60 billion US dollars funding from China.

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