XIAMEN(Xinhua/Zhang Guojun)
JOHANNESBURG - In the past 10 years, China had taken more actions to deepen the Sino-African relationship and to strengthen the investment co-operation, the vice president of China-Africa Development Fund, Zhou Chao, said on the sideline of the China-Africa Annual Investment Forum 2017 on Thursday.

 “From 'One Belt, One Road' to 'Industrial capacity co-operation', from 'Three networks and industrialisation' to 'Johannesburg Action Plan'. We have invested in about 90 projects covering infrastructure, industrial capacity co-operation, agriculture, resource development in 36 African countries with more than R52.02bn,” said Chao. 


“We have now more than 20 projects in the Southern African Region and most of them are located in South Africa.” Chao said. The China-Africa Development Fund would support Chinese enterprises to invest in Southern Africa in multiple areas, also in fields like financial and hi-tech.

-BUSINESS REPORT