Chinese Businessmen: Right Time To Open Up African Markets - The Market, Home Appliances - Hc

National Development and Reform Commission as a subsidiary body of research shows that Chinese companies in Africa have great development space

. Xinhua News Agency recently reported that the bicycle,

Motorcycle , TV Machines, textiles, etc. more and more affordable "Made in China" in the distant continent of Africa is becoming a popular product. The study said, "With 700 million population market is a vast continent, but also full of opportunities, almost all African countries on the light,

Home Appliances , Electronic The heavy demand for such products, which is precisely the number of Chinese businessmen ignore the huge market. "

While in some countries and non-tariff trade barriers with trade barriers blocking Chinese products, the Chinese enterprises in Africa to develop, not just the East does not shine a bright way to the West, it is so open road, occupying the practice in the world economy's "rural" surrounding world "city." Development and Reform Commission's researchers believe that Africa has 53 countries, annual trade volume between 250 billion U.S. dollars, while the local industry in general lag behind the majority of goods imported. Business opportunities in Africa from China and Africa are highly complementary economies, namely resources, industry, trade and market highly complementary.

In fact, China's agricultural and aquaculture development in Africa is an important channel for economic and trade cooperation. A Shandong peasant to cook the Chinese Embassy in Kenya, found that local land rental cheap, light and heat conditions suitable for the vegetable market is huge. So he began to grow vegetables in Kenya, after several tests, he made a fortune growing vegetables, but also led the development of Kenya's vegetable industry by the Government of Kenya welcomed and affirmed. Therefore, not only light clothing such as textiles and electronics industries, agriculture and fishing and other traditional industries, to have great development potentials in Africa.

Generally poor macroeconomic situation of African countries, the domestic economic structure, a single, international balance of payments, particularly unbearable, so a lot of focus on the world's least developed countries in Africa, they are also beneficiaries of debt relief, global poverty. However, as long as their rich natural and human resources can be developed in many African countries will increase capacity to pay. Even if they no hard currency to pay, corporate profits to buy part of Africa's many resources back home, also get good profits.

As developing countries, we generally welcome the introduction of foreign capital to be able to fill the gaps in domestic production to fill the shortage of domestic production, or to increase domestic employment and help foreign companies export. Similarly, the Chinese companies to Africa, not just focus on the profitable short-term interests, should also focus on helping Africa's economic self-development capacity building. The only way to achieve the two sides and interests of a long-term win-win results.

View of some countries of Africa country has been given special preferential tariff treatment, Guangdong has begun tapping the special offers companies a "gold mine." According to Gongbei Customs statistics, the first quarter of 2006, the Guangdong customs area the value of goods imported African ex-gratia 3.77 million U.S. dollars, is 3.4 times last year. Enterprise to buy African resources at the beginning of locally processed back to the domestic supply market and also a direction for development.

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