{"id":46114,"date":"2024-09-28T19:16:41","date_gmt":"2024-09-28T19:16:41","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/global-digital-trade-expo-injects-new-impetus-for-china-africa-digital-economic-trade-cooperation"},"modified":"2024-09-28T20:10:52","modified_gmt":"2024-09-28T20:10:52","slug":"global-digital-trade-expo-injects-new-impetus-for-china-africa-digital-economic-trade-cooperation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/global-digital-trade-expo-injects-new-impetus-for-china-africa-digital-economic-trade-cooperation","title":{"rendered":"Global Digital Trade Expo Injects New Impetus for China-Africa Digital Economic, Trade Cooperation"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>African officials and business representatives expressed their high expectations for cooperation with China regarding digital transformation which can help with Africa\u2019s industrial upgrade at the ongoing third Global Digital Trade Expo (GDTE).<\/p>\n<p>The annual expo is held in Hangzhou, East China\u2019s Zhejiang Province, from Wednesday to Sunday, an annual international expo that attracts companies from both home and abroad with cutting-edge products and diverse services.<\/p>\n<p>Hosted by China\u2019s Ministry of Commerce and Zhejiang provincial government, one highlight of this year\u2019s edition is digital trade cooperation between China and African countries, the Global Times observed on-site.<\/p>\n<p>Speaking at the expo, Robinson Jean Louis, Ambassador of Madagascar to China, said through this event, Madagascar can boost fruitful cooperation with China especially in digital trade and innovation and he looks forward to leveraging this opportunity to bring more digital technologies to Madagascar.<\/p>\n<p>Tichaona Mashiri, founder and CEO of DBI Intelligent Technology Group in South Africa, is excited about the new possibilities for his business here.<\/p>\n<p>\u201cWe come here to see if there are companies that we can build partnership within areas such as telecommunications and cybersecurity, areas that our business operates in South Africa\u2026 There is a lot of things we can learn from this event in terms of technology exposure,\u201d Mashiri told the Global Times. The business opportunities are huge and there are technologies and products of Chinese companies which they can adopt back home in South Africa, Mashiri said.<\/p>\n<p>Data from China\u2019s Ministry of Commerce shows that China\u2019s digital trade is developing rapidly. In the first half of 2024, China\u2019s services trade delivered digitally reached 1.42 trillion yuan ($202 billion), an increase of 3.7 percent. During the same period, cross-border e-commerce imports and exports reached 1.22 trillion yuan, an increase of 10.5 percent. China-Africa trade has been an important part of the digital trend.<\/p>\n<p>Through digital platforms, African products find more efficient way to enter the vast Chinese market, industry insiders said.<\/p>\n<p>At the Africa booth at the expo, African products such as Ethiopian coffee, Kenyan tea, South African red wine and Nigerian cashews are on display. A professional host is promoting these products via livestreaming to Chinese consumers.<\/p>\n<p>\u201cWe use cross-border e-commerce livestreaming and other platforms to bring Africa\u2019s high-quality products into the Chinese market in a more efficient and effective way\u2026 At the same time, we are also helping Chinese companies, including those in cross-border e-commerce and online payment, enter the African market, boosting the region\u2019s digital economy,\u201d Xie Qi, director of Zhejiang-Africa Service Center, a non-profit organization promoting trade between Zhejiang Province and African countries, told the Global Times.<\/p>\n<p>With digitalization being the global trend, China-Africa trade, which is highly complementary, will unlock more impetus for growth, Xie said.<\/p>\n<p><strong>For More News And Analysis About Lesotho Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. African officials and business representatives expressed their high expectations for cooperation with China regarding digital transformation which can help with Africa\u2019s industrial upgrade at the ongoing third Global Digital Trade Expo (GDTE). The annual expo is held in Hangzhou, East China\u2019s Zhejiang Province, from Wednesday to Sunday, an annual international expo that [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":46113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-46114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Global Digital Trade Expo Injects New Impetus for China-Africa Digital Economic, Trade Cooperation - Lesotho<\/title>\n<meta name=\"description\" content=\"African officials and business representatives expressed their high expectations for cooperation with China regarding di ...\" \/>\n<meta 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