国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

In step with the growth of Africa

By Jiang Xueqing (China Daily) Updated: 2014-11-25 08:13

Apart from giving financial support to Chinese companies, the South Africa representative office also provides information on the country's investment environment and projects, gives analyses of the country's political and economic dynamics and helps companies improve management.

The fund and Shenzhen Energy Group Co Ltd jointly invested in a power plant in Ghana. Two 100-megawatt, gas-fired generating units have been operating since December 2010, followed by a 360 mW expansion. Currently, power generated by the plant accounts for 15 percent of Ghana's total power generating capacity, which has helped stem the nation's electricity outages, said He Yali, head of the fund's representative office in Ghana.

The fund also worked with HNA Aviation Group, based in Hainan province, the Ghana-based SAS Finance Group and the Social Security and National Insurance Trust (Ghana) to establish Africa World Airlines Ltd, a regional airline company targeting travelers in West Africa.

After the airline's maiden flight on Sept 21, 2012, it opened a direct flight between Accra, capital of Ghana, and Lagos, the most populous city in Nigeria. It is expected to soon open direct flights from Ghana to Sierra Leone and Burkina Faso.

He said: "Our goal is to open direct flights between big cities in West Africa as well as direct flights from Ghana to other countries like South Africa."

Africa has maintained relatively rapid economic growth in recent years. The International Monetary Fund said in a regional economic outlook report that growth in sub-Saharan Africa is expected to pick up this year, despite global headwinds that moderately lowered the region's performance last year.

Strong investment demand continues to support growth in most of the region, while output is projected to expand by 6 percent this year, well above the average global growth of 3.3 percent, according to the IMF. Under these circumstances, China and Africa are embracing new opportunities for investment and economic cooperation.

Chi from CADF said: "Africa is in the initial stage of industrialization and urbanization. It has huge potential for development in manufacturing and infrastructure construction. At the current stage, Chinese products, technologies and experience in production and management are suitable for Africa. Furthermore, the Chinese government is paving the way for closer cooperation with African countries in terms of policies."

China has become the largest trading partner of Africa over the past five years. In 2013, bilateral trade hit $210.2 billion, up 5.9 percent from the previous year. Today, China has an increasingly clear investment strategy for Africa and attaches great importance to industrial development plans. But as many Chinese companies speed up their overseas expansion, they will face tough tests in navigating government policies and recruit talent.

The lack of talent familiar with both international practices and regulations has become a serious impediment for Chinese companies in growing overseas, Chi said.

"To encourage banks to set up overseas branches, buy banks in other countries, or develop financial cooperation with international agencies, the Chinese government should reform the regulation system and evaluation mechanism for banks and give them greater independence in making investment decisions," he said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
阜康市| 平谷区| 河源市| 滕州市| 柳河县| 扶绥县| 浮梁县| 新晃| 双峰县| 锡林浩特市| 山西省| 北川| 开封市| 平安县| 浙江省| 巴中市| 文水县| 汤阴县| 武威市| 阜城县| 吉首市| 南木林县| 临安市| 惠东县| 军事| 永春县| 邻水| 五峰| 西乌珠穆沁旗| 大荔县| 汉沽区| 溧阳市| 宜丰县| 绥江县| 仁布县| 城步| 河西区| 浮山县| 沈阳市| 梅河口市| 永修县|