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Cooperation of mutual benefit

By Huang Guobo | China Daily | Updated: 2013-08-02 07:08

China helps Africa in trade and economic development but is not a major player in resources and energy markets

Relations between China and Africa have developed rapidly in recent years, and with the establishment of a new strategic partnership their cooperation has reaped tremendous results. Sino-African trade and economic cooperation have proved to be especially fruitful, becoming increasingly deeper and wider.

This is attributable to the fact that both China and Africa have adhered to the principle of equality and mutual trust in politics, have capitalized on their economic complementarities and have spared no efforts to serve each other's interests in cooperative projects with an approach that upholds willingness, independence, equality, and a win-win situation. Friendly cooperation is the common desire of people both in Africa and in China and is an irresistible trend.

Cooperation of mutual benefit

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