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Economic and Trade Exhibition of Changsha ends with more than $20 bln worth of deals signed, under the China-Africa Partnership

Tuesday, 02 July 2019 13:21
Economic and Trade Exhibition of Changsha ends with more than $20 bln worth of deals signed, under the China-Africa Partnership

(Ecofin Agency) - During the 3-day Economic and Trade Exhibition recently held in Changsha, China, as part of the China-Africa Partnership, a total of $20.8 billion worth of deals were concluded, Xinhua reports.
More than 84 agreements were signed in sectors such as agriculture, trade, and tourism. Trade between China and Africa significantly increased in the past years and the organization of the Changsha Expo confirmed the ambition of both sides to further boost their relations.
Official statistics showed that China-Africa trade rose 20% in 2018 to $204.2 billion and about 3,700 Chinese companies are currently present on the continent, according to the Chinese minister of trade.
Moutiou Adjibi Nourou

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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