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subject: "african Century" Is Coming, Can China Make New Breakthrough? [print this page]


For a lot of people who have not set foot in Africa, the image of Africa may be described by the words, such as vast prairie, poverty, and disease or even "backward". However, in the recent ten years, Africa, the "lion" is waking up from his sleep silently. Africa is no longer the past one in the world"s eyes, on the contrary, a new era is waving to him.

Data has increased steadily

In the past ten tears, there are 6 countries in Africa belonging to the 10 countries with the fastest growing belonging to the top 10 fastest growing economy.in the world. Last year, Ghana ranked the first in the world with growth rate of 13%, while the growth rate of most European countries is less than 1%. It is forecasted by the IMF that the average growth rate of African countries will be close to 6%, and the per capita income of some rich countries, like Nigeria is expected to triple in 2030. Besides, the rich class in Africa is growing rapidly, for Forbes released the list of "40 richest people in Africa" for the first time as "the witness of Africa"s influence to the world". What"s more, multinational companies are crowding invest in Africa, so that the foreign investment is about 6 times more than 10 years ago.

The bright star in the clouds

It is known to us that African continent is a fertile land, for it possesses rich mineral resources. About 50% of the global gold, 10% of petroleum, 1/3 of diamonds, copper, platinum and rare earth minerals are reserved in Africa. From 2000 to 2008, 1/4 of the income growth in Africa came from the export of natural resources. The impact of financial crisis still exists, so the investors turn their eyesight to emerging market. George " Soros said, "Africa is one of the few bright star in the global economic clouds on the horizon." China and Africa have established good a good relationship for a long time. Under the guidance of national policy, more and more enterprises in China are exploring African markets with new technology and tactics, like DSMAC. It is sure that the path of cooperation will be broader in the near future.

Cooperation flowers will bloom all over African content

On the vast land of Africa, the atmosphere of development is on the rise. In each African country, the seeds of cooperation between China and Africa are thriving. Can you imagine the beautiful scene of prosperity in "African century"?

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by: DSMAC




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