More high-quality agricultural products from Africa will accelerate to the dining tables of the Chinese people

Mon, 09/09/2024 - 15:32
The 3rd China Africa Economic and Trade Expo

The 3rd China Africa Economic
and Trade Expo (screenshot)

China is willing to take the initiative to unilaterally expand market opening and has decided to grant 100% tariff free treatment to all least developed countries, including 33 African countries, that have established diplomatic relations with China, in order to promote China's large market as a great opportunity for Africa. Expand access to African agricultural products, deepen cooperation in e-commerce and other fields, and implement the "China Africa Quality Improvement Plan".

Ethiopian coffee beans with rich floral and fruity aroma, Kenyan black tea with mellow taste, and Rwandan dried chili with high spiciness... In recent years, a large number of "African flavors" have come to China, satisfying everyone's taste and becoming a new growth point in China Africa trade.

Agricultural product exports have always been an important source of foreign exchange for African countries, and China has become the second largest destination for agricultural product exports in Africa. The amount of agricultural products imported by China from Africa has been increasing for seven consecutive years. In the first seven months of this year, China imported agricultural products from Africa worth 25.35 billion yuan, an increase of 7.2%. The import volume of African characteristic agricultural products such as sesame, tobacco, and macadamia nuts increased by 38.8%, 32.7%, and 106.2% respectively, accounting for over 40% of China's imports of similar products.

Source
侃财邦