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Twenty-six bilateral1 agreements were signed on Wednesday. As part of the deals, China will lend 500 million U.S. dollars to Eskom, South Africa's national power supplier, to help its operations.
South African President Jacob Zuma hailed relations between the two sides.
"The volume of agreements indicates the amount of work that has been done in the past few months. We agreed that more could and should be done to increase our trade and investment figures".
Under the agreements, China will also help to build a car manufacturing plant in South Africa. It should begin exporting vehicles to other African countries by the end of 2017.
中国南非签署65亿美元投资大单
Chinese President Xi Jinping calls on the two countries to be forward-looking strategic partners.
The two sides have agreed to lift bilateral ties to a new height by fully2 implementing3 the 5-10 Years Strategic Plan on Cooperation, boosting cooperation in six areas including in special economic zones, the maritime4 economy, industrial capacity, energy, infrastructure5, and human resources development.
President Xi also notes that China will facilitate South Africa's efforts to lead China-Africa cooperation on production capability6 across Africa and promote the continent's industrialization. China will also encourage more financing for South Africa, and support the early launch of the establishment of an African regional center for the New Development Bank for BRICS countries.
This is Xi Jinping's second visit to the country; the first was in 2013 when he toured several African states.
After his stay in Pretoria, the President will leave for Johannesburg to co-chair the Johannesburg Summit of the Forum7 on China-Africa Cooperation.
The summit is expected to be an historic event that will help strengthen China-Africa solidarity8 and development.
The two-day Johannesburg Summit, starting on Friday, is expected to adopt a declaration and action plan outlining measures that are aimed at consolidating9 China-Africa relations.
For CRI, this is Min Rui
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1 bilateral | |
adj.双方的,两边的,两侧的 | |
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2 fully | |
adv.完全地,全部地,彻底地;充分地 | |
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3 implementing | |
v.实现( implement的现在分词 );执行;贯彻;使生效 | |
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4 maritime | |
adj.海的,海事的,航海的,近海的,沿海的 | |
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5 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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6 capability | |
n.能力;才能;(pl)可发展的能力或特性等 | |
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7 forum | |
n.论坛,讨论会 | |
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8 solidarity | |
n.团结;休戚相关 | |
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9 consolidating | |
v.(使)巩固, (使)加强( consolidate的现在分词 );(使)合并 | |
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