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China, various African countries sign cooperation pacts worth $170 mn
31 Jul '22
1 min read
Pic: Shutterstock
China and various African countries recently signed 14 agreements worth around $170 million at the Promotion Conference for China (Hunan)-Africa Economic and Trade Cooperation held in Changsha in central China's Hunan province. The deals covered areas like regional cooperation, strategic agreement, project financing, investment cooperation and trade procurement.
Six Chinese provinces also jointly signed an agreement to advance economic cooperation and trade exchange with African countries at the conference, which also promoted the Pilot Zone for In-depth China-Africa Economic and Trade Cooperation, official Chinese media reported.
Twenty nine diplomatic envoys from 15 African countries, including Algeria, Ethiopia, Angola, Ghana, and Kenya, attended the event.
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