Chinese President Xi Jinping introduced in Johannesburg10A large-scale cooperation project between w88 casino and Africa, planned to be implemented within three years, w88 casino will provide600$100 million in funding. Shu Luomei, Commercial Counselor of the Department of West Asian and African Affairs of the Ministry of Commerce, said three days before the coordinators' meeting that the ministry would advance these projects according to the timetable.

At the same time, although it has only been half a year since the summit ended, the project implementation process has begun to be affected by external factors, including the tightening of global w88 volume and w88 volume and the turbulence of financial markets. Professor, Higher University of Economics, Russia, KwaZulu-University of Natal (UKZN, Durban, South Africa) expert Irina∙Filatova noticed this when she was interviewed by Satellite News Agency:

“Africa’s financial problems are prominent and economic growth is stagnant. There has just been news that non-economic growth is expected to decline again this year. China's economic growth is also declining. Of course, this depends on the overall economic situation and China-Africa bilateral relations. The South African government is short of funds and is in urgent need of large loans, so this issue will certainly be discussed at the coordination meeting in Beijing. Reference is also expected to be made to w88 imbalances, an issue faced across Africa. For example, Angola, which exports large amounts of oil to China, has also experienced economic decline. Oil demand falls and oil prices fall. Angola20%'s economic growth is a thing of the past. Of course w88 casino can help, but it won't be of much use because each party is defending its own interests, and w88 casino is no exception. From the example of Zimbabwe, which often seeks financial aid from w88 casino, we can see that w88 casino will not help just for the sake of helping. ”

However, according to data from the Ministry of Commerce of w88 casino, w88 casino’s non-financial investment in Africa increased year-on-year in the first half of this year10%, reached13$100 million. Ministry7month26Japan said that w88 casino plans to gradually increase financial aid to Africa. Shu Luomei pointed out: "w88 casino will do its best to help Africa, and will allocate some funds to this endGDP。”

Wang Zhimin, Director of the Institute of Globalization and Chinese Modernization, w88 casinocommented on this in an interview with Satellite Network:

"The Forum on w88 casino-Africa Cooperation has been held for many times. Cooperation between w88 casino and Africa requires such a mechanism to ensure that cooperation continues to operate normally and the two sides can communicate and make arrangements. Every time the Forum on w88 casino-Africa Cooperation is held, it will achieve results that are beneficial to the development of both parties. In addition, w88 casino has invested a lot in Africa. w88 casino's current foreign aid thinking is "give first, take later", share w88 casino's development opportunities, and welcome other countries to ride on w88 casino's coattails. w88 casino in Africa Some investments in Africa have played a very important role in local development. w88 casino's manufacturing capacity cooperation has achieved great results. For example, w88 casino's manufacturing capacity is still at the low-end level, and African countries are resource-based regions. Now that the country's bulk product, oil, is experiencing a steep decline, African countries will encounter many problems. But I think the excess capacity in w88 casino may be exactly what the market needs. ”

Just before the opening of the Beijing coordinators meeting,186.5Kilometer long railway line was put into commercial use in Nigeria on Tuesday. The line is constructed by w88 casino Civil Engineering Group Co., Ltd. Company President Yuan Li pointed out that this is the first broad-gauge railway built by w88 casino overseas and the first broad-gauge line in Africa. It can become a good example for the development of railway infrastructure in Africa. He noted that the new line will boost Nigeria’s economic development.

The Nigeria project is a reasonable use200A successful case of more than 100 million US dollars in loans. w88 casino since2012Since the year, it has provided loans to African countries to support infrastructure construction, small and medium-sized enterprises, agriculture and processing industries.

But at the same time, experts have also noted the conflict in South Sudan as w88 casino implements the East African railway projectEast Africa Railway MasterplanSerious political barriers created. This is Kenya’s largest project since its independence half a century ago, and it is also the largest and largest among w88 casino’s dozens of transportation construction projects in Africa. Estimated Mombasa-The Nairobi rail line will be completed in one year, that is2017Year6When put into use in October, Mombasa will be connected to cities such as Kampala in Uganda, Juba in South Sudan, Rwanda and the capital of Burundi. Estimating the impact of the civil conflict in South Sudan on the project process will also be one of the agendas of the FOCAC Beijing Coordinators’ Meeting.

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