Since its launch, the CPEC has helped to create a conducive and favorable environment for the country, guaranteeing prosperity, a bright future and security along with a sustainable economy.
The 2018 Forum on China-Africa Cooperation (FOCAC) Beijing Summit opened on Monday afternoon with President Xi Jinping delivering a keynote speech titled, Work Together for […]
With President Xi Jinping coming into power in 2013 in China, the multifaceted cooperation between Nepal and China has been further deepened in several areas, taking their bilateral ties to a new height.
President Xi Jinping on Monday said China will implement eight major initiatives with African countries in the next three years and beyond, covering fields such as industrial promotion, infrastructure connectivity, trade facilitation, and green development.
The country follows a “five-no” approach in its relations with Africa: no interference in African countries’ pursuit of development paths that fit their national conditions; no interference in African countries’ internal affairs; no imposition of China’s will on African countries; no attachment of political strings to assistance to Africa; and no seeking of selfish political gains in investment and financing cooperation with Africa.
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“China is providing us the technology, the equipment, and of course the financial assistance, which is helping promote the development of African countries.”
While still a work in progress, FOCAC, with leaders of its members gathering in Beijing this September for the Third Summit, will offer a milestone in the life of the organization.
“When we trade with China, it’s win-win cooperation, and this equal partnership is benefitting Africa more.”
“I think China is playing a key role in the development of Africa, and in particular Zimbabwe.”
“China presents a positive development model to us developing countries, particularly African countries and we would like to become part of this dynamic initiative launched by China.”
The next priority of jointly advancing the initiative is to realize its high-quality development, Xi said.