In Pics: Zero-tariff policy boosts China-Africa modernization drive
NAIROBI, May 8 (Xinhua) -- China on May 1 began implementing an expanded zero-tariff treatment on imports from all 53 African countries with which it has diplomatic relations, a landmark move seen as promoting openness and cooperation for the Global South amid rising protectionism and fragmentation in the global economy.
China's zero-tariff policy for Africa: a landmark in new era cooperation
This strategic decision advances China's high-level opening-up policy and coordinates domestic-international development priorities. It substantially implements the principle of China's Africa policy of "sincerity, real results, amity and good faith" while pursuing shared interests through greater good.
Drivers in Addis Ababa, Ethiopia are increasingly lining up not at fuel stations, but at electric charging points, as rising transport costs and shifting consumer habits reshape how the city moves. What was once an occasional sight has become more common, with queues forming at charging stations as the number of electric vehicles grows.
ADDIS ABABA, May 4 (Xinhua) -- Ethiopia's Prime Minister Abiy Ahmed has announced that the country is on track to achieve a "historic milestone" of 10 billion U.S. dollars in annual export revenue during the current fiscal year.
Hunan’s First Batch of Imports Cleared Under Zero-tariff Policy for Africa
On May 1, over 6,000 bottles of South Africa wine were cleared at Changsha Huanghua Airport Customs. Benefiting from a tariff measure effective the same day for all 53 African countries with which China has diplomatic relations, the importing company received a tax reduction of 21,000 CNY. This marks the first batch of goods in Hunan Province to benefit from the policy.
Fresh African goods hit Chinese market under new zero-tariff policy
Boosted by China's new zero-tariff policy for African countries with diplomatic ties, a growing wave of African specialty products hit the Chinese market over the just-concluded May Day holiday, unlocking fresh opportunities for robust bilateral trade.
Botswana and Rwanda have reaffirmed their commitment to deepening relations, following the signing of six bilateral agreements on Wednesday in Gaborone, the capital of Botswana.
Seven Major Initiatives to Enhance and Upgrade Hunan's Economic and Trade Cooperation with Africa
Effective May 1, China will fully implement zero-tariff measures for 53 African countries with which it has diplomatic relations. On April 30, reporters learned from the Hunan Provincial Department of Commerce that, to capitalize on this policy opportunity, the department will focus on implementing seven major initiatives to enhance and upgrade Hunan’s economic and trade cooperation with Africa.
China-South Africa youth dialogue held in Pretoria to strengthen cooperation
A China-South Africa youth dialogue was held on Thursday in Pretoria, South Africa's administrative capital, bringing together young representatives to exchange views on bilateral relations, South-South cooperation, youth development and multilateralism.
IMF launches regional economic outlook in Kigali, warns Africa's gains remain fragile
The International Monetary Fund (IMF) on Wednesday formally launched its latest Regional Economic Outlook for Sub-Saharan Africa in the Rwandan capital, Kigali, saying that the region has made significant economic progress but remains highly vulnerable to external shocks.
