Trade frameworks linking China, Africa set to broaden

Business volume between two sides surged to historic peak of $282.1 billion last year, an increase of nearly 35 percent compared to 2013

In the face of a turbulent global landscape, characterized by escalating geopolitical tensions and rising protectionism, China and Africa should lean toward embracing globalization and win-win cooperation more than ever before, to benefit their own populations and catalyze the modernization of the broader Global South, experts said.

As an industrialized nation partnering with less industrialized counterparts, the deepening cooperation between China and Africa has emerged as a model example for other developing regions seeking to emancipate themselves from the constraints of the traditional North-South divide, they added.

Their comments came after the overall characterization of China-Africa relations was elevated to an all-weather China-Africa community with a shared future for the new era during the Summit of the Forum on China-Africa Cooperation in Beijing in early September.