China, Africa stepping up economic, trade cooperation as expo opens

MOVING FORWARD

China has been Africa's largest trading partner for 14 consecutive years. In 2022, the total trade volume between China and Africa reached 282 billion dollars, representing an 11.1 percent year-on-year growth.

Specifically, China's exports to Africa amounted to 164.5 billion dollars, increasing by 11.2 percent, while imports from Africa reached 117.5 billion dollars, growing by 11 percent.

An ever-closer trade and economic relationship is a testament to the success of building a China-Africa community with a shared future.

This year marks the 10th anniversary of Xi's proposal of the concept of sincerity, real results, affinity and good faith, and the right approach to justice and interests, the guiding principles of China's Africa policy.

Over the past decade, under those principles, China-Africa relations have been propelled into the fast lane of development.

In his message to the 36th African Union Summit in February, Xi said that cooperation between China and Africa is moving steadily forward in an all-round, multi-tiered and high-quality fashion, which takes the lead in international collaboration with Africa.