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At the recent Johannesburg Summit of the Forum on China-Africa Cooperation （FOCAC）， leaders agreed to elevate the China-Africa relationship to a comprehensive strategic and cooperative partnership， ushering in a new era in their cooperation.
Why does this matter？ As the largest developing country and the continent with the greatest number of developing countries， China and Africa have the responsibility and ability to pool the wisdom and strength of their 2.4 billion people to play bigger roles in the world. They must work together to make greater contributions toward the establishment of a new model of international relations featuring mutually beneficial cooperation.
That is precisely why the summit participants laid out a new vision for ChinaAfrica relations and endorsed five pillars—political equality and mutual trust， economic cooperation， cultural exchanges， assistance in security， and solidarity and cooperation in international affairs. They also adopted plans covering a wide range of areas， including industrialization， agricultural modernization， infrastructure， finance， sustainable development， investment and trade facilitation， poverty alleviation and people-to-people ties.
Since its inception in 2000， FOCAC， which consists of China， 50 African countries and the African Union Commission， has witnessed sincere and equal exchanges benefiting all. Over the past 15 years， the growth of China’s direct investment in Africa has averaged 37 percent year-on-year. The country’s stock investment in Africa has exceeded $30 billion， over 60 times that of 2000. China became Africa’s largest trading partner in 2009， and the China-Africa trade volume last year was quadruple that of 2006. Additionally， cultural exchanges have increased rapidly. Last year， over 3.6 million visits were made between the two， further consolidating the social foundation for SinoAfrican friendship.
The “China threat” rhetoric and accusations that China’s activities in Africa are“neocolonialist” have proved groundless. The Declaration of the FOCAC Johannesburg Summit and the FOCAC Johannesburg Action Plan （2016-18） passed during the summit are expected to act as framework documents for guiding a friendly China-Africa relationship moving forward.
In order to ensure the implementation of the new cooperation plans， China announced it will offer $60 billion in funding to Africa， including $5 billion in grants and zero-interest loans and $35 billion in loans of a concessional nature with more favorable terms and an export credit line.
China-Africa relations are currently at their best. It is our belief that the FOCAC will lift this relationship to new heights， for the benefit of Chinese and African citizens alike.
Why does this matter？ As the largest developing country and the continent with the greatest number of developing countries， China and Africa have the responsibility and ability to pool the wisdom and strength of their 2.4 billion people to play bigger roles in the world. They must work together to make greater contributions toward the establishment of a new model of international relations featuring mutually beneficial cooperation.
That is precisely why the summit participants laid out a new vision for ChinaAfrica relations and endorsed five pillars—political equality and mutual trust， economic cooperation， cultural exchanges， assistance in security， and solidarity and cooperation in international affairs. They also adopted plans covering a wide range of areas， including industrialization， agricultural modernization， infrastructure， finance， sustainable development， investment and trade facilitation， poverty alleviation and people-to-people ties.
Since its inception in 2000， FOCAC， which consists of China， 50 African countries and the African Union Commission， has witnessed sincere and equal exchanges benefiting all. Over the past 15 years， the growth of China’s direct investment in Africa has averaged 37 percent year-on-year. The country’s stock investment in Africa has exceeded $30 billion， over 60 times that of 2000. China became Africa’s largest trading partner in 2009， and the China-Africa trade volume last year was quadruple that of 2006. Additionally， cultural exchanges have increased rapidly. Last year， over 3.6 million visits were made between the two， further consolidating the social foundation for SinoAfrican friendship.
The “China threat” rhetoric and accusations that China’s activities in Africa are“neocolonialist” have proved groundless. The Declaration of the FOCAC Johannesburg Summit and the FOCAC Johannesburg Action Plan （2016-18） passed during the summit are expected to act as framework documents for guiding a friendly China-Africa relationship moving forward.
In order to ensure the implementation of the new cooperation plans， China announced it will offer $60 billion in funding to Africa， including $5 billion in grants and zero-interest loans and $35 billion in loans of a concessional nature with more favorable terms and an export credit line.
China-Africa relations are currently at their best. It is our belief that the FOCAC will lift this relationship to new heights， for the benefit of Chinese and African citizens alike.