2015年CRI Chinese President Raises 5-Point Proposal on Promoting China-Africa Cooperation

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During the dialogue, President Xi expressed China's sincere hopes to share its industrialization experiences with African countries and help the continent with a variety of means of support.

"The achievement of inclusive and sustainable development in Africa hinges on industrialization, which holds the key to creating jobs, eradicating¹ poverty, and improving people's living standards. Africa's path to industrialization can be only found by the African people through their own practice and exploration. It is China's sincere hope to share its experience with African countries, and we are willing to provide capital, technology and personnel in support of Africa's industrialization."

President Xi suggested that China and African countries stick to equality-based, win-win cooperation, meaning both sides should strike a right balance between principles and profits, and jointly² build a community of common destiny.

Openness and inclusiveness is also an indispensable feature, which requires welcoming the involvement of enterprises from different countries on the bases of mutual³ benefit.

He also added that bilateral⁴ cooperation should prioritize infrastructure⁵ construction so as to bring tangible⁶ benefits to all people.

"In the areas of infrastructure building, investment and trade facilitation, China-Africa cooperation will create more investment and trade opportunities for companies from the two sides, thus enhance the competitiveness of African industries and close the infrastructure gap in Africa."

President Xi also stressed the importance of pursuing green and sustainable development, and said China will help its African partners in related areas.

"In the fields of modern agriculture and green development, poverty reduction and people's welfare, China-Africa cooperation will enable companies from the two sides to share advanced know-how⁷ and help African countries establish a sustainable development model, enhance independent development capacity, improve the public governance and raise the quality of life of the African people."

President Xi also noted⁸ that the two sides should focus on practical cooperation oriented to capacity building, and pledged that China will share advanced, applicable technologies with Africa with no reservations and deepen industrial cooperation via a combination of Chinese competitive industries and African needs.

This will help improve the quality of the African workforce⁹, increase employment rates and lift the continent's growth impetus¹⁰.

According to President Xi, China has become Africa's principal cooperation partner in several significant areas.

By the end of last year, the total stock of Chinese investment in Africa had reached 101 billion U.S. dollars, creating over 3100 Africa-based enterprises, and two-way trade also reached over 220 billion U.S. dollars.

For CRI, I'm Xie Cheng.