China-Africa economic, trade expo to focus on agri trade, investment promotions, many more


Devdiscourse News Desk | Kigali | Updated: 26-02-2019 19:53 IST | Created: 26-02-2019 19:53 IST
China-Africa economic, trade expo to focus on agri trade, investment promotions, many more
The expo, slated to take place between June 27 and 29, will include conferences, forums and exhibitions. Image Credit: Wikipedia
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  • China

At least 1,000 African guests and traders are expected to mark their presence at the first China-Africa Economic and Trade Expo in Changsha, capital of central China’s Hunan Province, in June. The expo, slated to take place between June 27 and 29, will include conferences, forums and exhibitions.

“We hope that the African guests can yield good results through the expo,” Hunan’s deputy governor He Baoxiang said.

A signing ceremony for major economic and trade projects will be held during the expo, with a series of forums concerning agriculture, trade, infrastructure and financing, as well as investment promotions and business negotiation activities, according to the organizing committee, as reported by Xinhua.

The expo was launched under the framework of the Forum on China-Africa Cooperation. Hunan’s trade volume with African countries totalled USD 2.8 billion in 2018, surging over 50 percent for the fourth straight year. Contracted investment by Hunan firms in Africa amounted to nearly USD 1 billion.

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