Tuesday , July 27 2021

$ 151 billion of trade between China and Africa in 9 months

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Figures from the Customs General Administration show that the value of trade between China and African countries reached 151.02 billion dollars in the January-September period this year, up 20 percent year-on-year.
China's exports to Africa reached 77.63 billion dollars in the first nine months of this year, up 20 percent year-on-year. At the same time, imports from Africa reached 73.38 billion dollars, up 30.9 percent year-on-year.
The trade surplus reached $ 4.25 billion, a significant decrease of 69.1% year-on-year.
China and African countries saw the biggest growth in trade in the January-September period, surpassing the China-Latin America partners by 7.9 percentage points. This growth is also 10.9 percentage points higher than the rate of growth of China's foreign trade.
In a separate context, the agency said that China shared experiences of alleviating poverty through the internet with foreign guests at the World Internet Conference held from November 7 to 9 in eastern China's Zhejiang Province.
China has succeeded in helping 68.53 million people get rid of poverty in the past five years, making conference participants thirsty for China's policies and steps to reduce poverty.
In his speech, Hong Tianyun, deputy director of the State Leaders Group Office on Poverty Alleviation and Development, was presented at a World Internet Conference sub-forum entitled "Charity and Poverty Reduction: Eliminating Hunger and Poverty" of the Internet in rural areas throughout the country.

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