Country for PR: China
Contributor: Xinhua News Agency
Friday, June 30 2023 - 13:08
AsiaNet
The third China-Africa Economic and Trade Expo kicked off in Changsha
CHANGSHA, China, June 30, 2023 /Xinhua-AsiaNet/--

The third China-Africa Economic and Trade Expo (CAETE) kicked off on June 29 at 
Changsha International Conference Center in Hunan province.

Running from June 29 to July 2 and themed "Common Development for a Shared 
Future", the Expo have eight African countries as the guests of honor, 
including Benin, the Democratic Republic of Congo, Madagascar, Malawi, Morocco, 
Mozambique, Nigeria and Zambia, and Shandong and Hubei as the theme provinces, 
according to the Organizing Committee of China-Africa Economic and Trade Expo. 
Nearly 20 achievements including the Report on China-Africa Economic and Trade 
Relations and the China-Africa trade index will be released during the Expo.

During the Expo, nearly 40 activities of various kinds will be organized, 
including 9 high-end activities, 7 economic and trade communications, 3 special 
seminars and 13 local special events, covering a number of sectors including 
green infrastructure, customs and quarantine, medical and healthcare service, 
agricultural food products, light industry & textile, industrial parks, women & 
youth, vocational education.

Unlike previous ones, the Expo is held on a platform with greater influence, 
featuring a greater number of more wonderful exhibits and a significantly 
increased number of participating countries. As of June 26, 1,590 exhibits from 
29 countries were registered for the Expo, an increase of 165.9% over the 
previous session, contributed by 1,500 exhibitors, increased by 70% over the 
previous session. During the Expo, there are 218 cooperation projects worth US 
$19.1 billion to be signed and communicated.

CAETE is the biggest platform for economic and trade cooperation under the 
framework of the Forum on China-Africa Cooperation. Since the first CAETE in 
2019, China has been keeping expanding imports from Africa. The contract value 
of the second CAETE was US 22.9 billion. From January to May this year, Hunan's 
import and export to Africa reached RMB 27.01 billion, up 54.5 % YoY.

Source: Organizing Committee of China-Africa Economic and Trade Expo

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   Caption: Common Development for a Shared Future -- The third China-Africa 
Economic and Trade Expo kicked off in Changsha.

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