{"id":41889,"date":"2024-06-04T10:37:11","date_gmt":"2024-06-04T10:37:11","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/china-africa-trade-cooperation-fosters-inclusive-sustainable-growth-in-africa-unctad-officia"},"modified":"2024-06-04T11:23:17","modified_gmt":"2024-06-04T11:23:17","slug":"china-africa-trade-cooperation-fosters-inclusive-sustainable-growth-in-africa-unctad-officia","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/china-africa-trade-cooperation-fosters-inclusive-sustainable-growth-in-africa-unctad-officia","title":{"rendered":"China-Africa trade cooperation fosters inclusive, sustainable growth in Africa: UNCTAD officia"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>China-Africa trade cooperation is playing a pivotal role in fostering inclusive and sustainable development across Africa, according to a senior official with the United Nations Conference on Trade and Development (UNCTAD), Xinhua reports.<\/p>\n<p>Diane Sayinzoga, UNCTAD\u2019s chief of the Regional Office for Africa, on May 31, said the China-Africa trade partnership has facilitated the implementation of major infrastructure projects that are crucial for the economic integration and growth of the African continent.<\/p>\n<p>\u201cThe China-Africa cooperation is aligned with UNCTAD\u2019s goals of promoting sustainable development by enhancing Africa\u2019s manufacturing capacities, increasing trade opportunities, fostering economic diversification, and integrating the African countries into the global value chain,\u201d Sayinzoga told Xinhua in an exclusive interview.<\/p>\n<p>She said Chinese investments in agriculture, manufacturing, renewable energy development and various other sectors in Africa not only create jobs and boost local economies, but also serve as a platform for technology transfer and increase export and tax revenues.<\/p>\n<p>\u201cChina is a key trading partner of Africa. Wherever you go in Africa, you will find \u2018made in China\u2019 products. Chinese investors are everywhere in Africa, and the partnership is really being reflected in different sectors, especially in the development of infrastructure and economic zones,\u201d she said.<\/p>\n<p>Sayinzoga expressed her confidence that China will remain an important trading partner as African countries seek China\u2019s huge investment to tap their natural resources in win-win cooperation.<\/p>\n<p>According to Sayinzoga, the China-proposed Belt and Road Initiative (BRI) provides a structured avenue for dialogue, policy coordination and capacity building, thus helping deepen economic ties between China and the rest of the world, including Africa.<\/p>\n<p>\u201cWithin the BRI context, China has been promoting win-win cooperation with African countries and the rest of the world, while UNCTAD has been implementing various capacity-building projects in Africa to promote South-South cooperation and sustainable development by drawing on China\u2019s development experience and its existing institutional capabilities,\u201d she said.<\/p>\n<p>Sayinzoga also said the vast Chinese market is another big opportunity for exports from Africa, helping countries in the continent succeed in economic diversification and meet their development goals.<\/p>\n<p>She said the Forum on China-Africa Cooperation (FOCAC) has significantly enhanced Africa-China relations by providing a structured forum for African and Chinese leaders to discuss and implement strategic initiatives aimed at promoting mutual development.<\/p>\n<p>\u201cFOCAC has led to numerous agreements on investment, trade and development projects between China and African countries to achieve shared development goals, which are perfectly in line with UNCTAD\u2019s mission,\u201d she said.<\/p>\n<p><b>Source: The New Times<\/b><\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mauritius\">Mauritius<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. China-Africa trade cooperation is playing a pivotal role in fostering inclusive and sustainable development across Africa, according to a senior official with the United Nations Conference on Trade and Development (UNCTAD), Xinhua reports. Diane Sayinzoga, UNCTAD\u2019s chief of the Regional Office for Africa, on May 31, said the China-Africa trade partnership has [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[233,245,241],"class_list":["post-41889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-mauritius","tag-mauritius"],"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>China-Africa trade cooperation fosters inclusive, sustainable growth in Africa: UNCTAD officia - Mauritius<\/title>\n<meta name=\"description\" content=\"China-Africa trade cooperation is playing a pivotal role in fostering inclusive and sustainable 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