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    The Economic And Trade Cooperation Between Fujian And Africa Has Deepened Day By Day.

    2016/5/13 22:37:00 28

    FujianAfricaEconomic And Trade Cooperation

    At present, Fujian has established trade relations with 54 African countries.

    In 2015, Fujian exported 15 countries to Africa for over 100 million US dollars. Egypt, Nigeria, South Africa, Algeria, Libya, Garner and Kenya were Fujian's largest export markets to Africa, and the total export of these 3 billion 970 million countries to us was US $3 billion 970 million, accounting for 65.8% of the total export volume.

    South Africa is Fujian's largest trading partner, the largest import market and the third largest export market in Africa.

      

    Trade scale

    Continue to expand.

    Since 1996, Fujian's trade with Africa has expanded year by year, and its trade volume expanded from US $160 million in 1996 to US $8 billion 530 million in 2015, with an average annual growth rate of 27.52%. The proportion of total trade volume in the province increased from 1.04% to 5%.

    Among them, exports to Africa expanded from US $130 million in 1996 to US $6 billion 40 million in 2015, with an average annual growth rate of 24.61%, accounting for 1.6% of our total exports from 5.3% to 5.3%. Imports from Africa gradually expanded from US $30 million in 1996 to US $2 billion 490 million in 2015, which has increased from 0.4% to 4.4% in the province.

    Export products are increasingly optimized.

    except

    Textile and clothing

    And other five kinds of traditional commodities, building materials, mechanical and electrical products are also expanding year by year.

    In 2015, five kinds of traditional commodities, such as textile, clothing, shoes, bags, umbrellas, furniture miscellaneous items, were exported to US $3 billion 940 million, accounting for 65.2% of the total export volume of Africa.

    With the development of African economy and the acceleration of infrastructure construction, the export of building materials related to building has steadily increased to Africa.

    In 2015, ceramic tile, steel and other building materials products exported to Africa 690 million US dollars, accounting for 11.4% of Africa's total exports, becoming a new growth point for non export.

    Mechanical and electrical products, such as construction machinery, electronic and electrical appliances, generating units, vehicles and their spare parts, have also been expanding their exports to Africa.

    Africa has been expanding its investment sphere.

    In the early 90s of last century, Fujian invested mainly in government assistance projects in Africa.

    In recent years, under the guidance of the China Africa Cooperation Forum, the national "one belt and one way" strategy and the policy of encouraging China Africa cooperation in production capacity, Fujian has actively guided enterprises with certain comparative advantages into Africa to carry out productivity cooperation and achieved initial results.

    By the end of 2015, the total number of overseas enterprises and branches established in Fujian was 103, and the total amount of foreign investment records amounted to US $726 million.

    Attracting investment from Africa to Fujian Province starts with shame.

    along with

    Africa

    With the development of the national economy, African countries' investment in our province has gradually increased.

    As of 2015, Africa has accumulated 274 investment projects in Fujian, with a contractual foreign capital of US $1 billion 520 million, which actually amounted to US $880 million.

    Most of Fujian's investment in Africa has come from Mauritius and Seychelles, which allow people from outside countries or institutions to operate offshore business. Taiwan, Southeast Asia and other places of Chinese capital have been pferred through third locations, partly from South Africa and Madagascar, and investment industries are mainly concentrated in manufacturing industry. Is also a major source of investment in Africa.


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