More and more Chinese enterprises are building industrial parks and economic and trade cooperation zones in Africa

More and more Chinese enterprises are building industrial parks and economic and trade cooperation zones in Africa

The number of industrial parks and economic and trade cooperation zones built by Chinese enterprises in Africa is increasing and their business scope is increasingly diversified, qian Keming, vice Minister of Commerce, said at the press conference of the 8th Ministerial Conference of the Forum on China-Africa Cooperation held by the State Information Office on November 17. Covering resource utilization, trade and logistics, light industry building materials, textile and clothing, machinery manufacturing, household appliances, agricultural production and other fields.

Qian said various development zones in China play a very important role in reform and opening up, attracting foreign investment and developing industries. On the other hand, in terms of African development, the infrastructure development level is relatively backward, and it is relatively concentrated in one place to carry out “several access and several leveling”. In terms of preferential policies, some preferential policies are also given to the park, which is conducive to attracting investment. In terms of “going global”, 70% of Chinese enterprises are small and medium-sized enterprises, which are relatively weak in terms of investment ability, negotiation ability and international operation ability. Concentrate in one park and create a better environment for the park through the government. Therefore, The development of Chinese industrial parks in Africa has been relatively fast in recent years.

Ke-ming qian is introduced, some African countries are developed industrial park development planning, and introduced the corresponding regulations and policies, China’s enterprises in the construction of industrial parks and economic and trade cooperation zone number are also growing, and the business scope has become increasingly diverse, covering the resource utilization, trade logistics, light industry, building materials, textile and garment, machinery manufacturing, household appliances, agricultural production and other fields. For example, The Suez Economic and Trade Cooperation Zone in Egypt has formed a layout of five industries: petroleum equipment, high and low voltage electrical appliances, textile and clothing, new building materials, and machinery manufacturing. Meanwhile, it also drives the settlement of upstream and downstream industries, forming an industrial agglomeration effect. For example, The Eastern Industrial Park in Ethiopia introduced the concept of Chinese industrial park development and operation, providing customs clearance logistics and “one-stop” services, and the enterprises involved in textiles, building materials, automobiles, food processing, medical treatment and so on.

Ke-ming qian said that the next step, with African countries, China will continue to experience sharing, policy coordination and supporting infrastructure, investment management, etc., to support in the business cooperation zone construction, to further strengthen cooperation zone “magnet effect”, as Africa’s “nesting ultra-competitive of industrialization, a new highland china-africa industrial production cooperation.