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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China becomes single largest contributor of Africa's FDI: Report

Xinhua | Updated: 2017-05-04 11:05

CAPE TOWN - Chinese investment in Africa has increased dramatically, making the country the single largest contributor of foreign direct investment (FDI) capital and jobs in Africa in 2016, according to Ernst & Young's (EY) latest Africa Attractiveness report released on Wednesday.

Since 2005, China has invested in 293 FDI projects in Africa, totalling an investment outlay of $66.4 billion and creating 130,750 jobs, according to the report.

Chinese FDI into Africa is well diversified across sectors, covering resource-oriented ones as well as services and manufacturing, the report said.

The data released by EY, a London-headquartered professional services firm, also reveals diversification of Chinese investment across more countries, covering both resource-rich nations, such as South Africa, Nigeria and Angola, and agricultural exporters such as Kenya.

In 2016, jobs created from Chinese FDI projects hit an all-time high, more than double the number in 2015 and more than three times the number of jobs created by the next biggest investor, the United States, said the report.

"This highlights the job-creating impact of Chinese FDI on Africa," the report notes.

Besides trade and FDI, Chinese companies and state-related entities have financed and built many infrastructure projects across the continent, including ports, roads, railways, dams, telecom networks, power stations and airports, the report said.

One notable example is the launch of a Chinese-built railway linking Addis Ababa in Ethiopia to the port of Djibouti on October 2016, involving an investment of $4 billion.

The report also said the China-proposed Belt and Road initiative to rebuild the ancient Silk Road trading route could prove to be a win-win situation for both China and Africa.

The report noted that since the late 1990s, Sino-African trade has grown rapidly, with China now Africa's largest trade partner.

In 2016, China's exports to Africa stood at $82.9 billion while imports from the continent were valued at $54.3 billion, according to the report.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
玉龙| 西充县| 双峰县| 龙岩市| 乌拉特后旗| 扶风县| 招远市| 宁武县| 雅安市| 海林市| 藁城市| 花垣县| 阿巴嘎旗| 昂仁县| 怀宁县| 米林县| 建宁县| 平罗县| 石台县| 炉霍县| 翼城县| 邓州市| 东乡| 颍上县| 永福县| 宜兰市| 东港市| 会同县| 泸定县| 巍山| 绥芬河市| 洪湖市| 壤塘县| 洱源县| 油尖旺区| 肇东市| 长岛县| 钟祥市| 临洮县| 上饶市| 玉山县|