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China boosts cooperation with Africa through Forum

Xinhua, November 26, 2015 Adjust font size:

The Forum on China-Africa Cooperation (FOCAC) has boosted cooperation between the two sides since it was launched 15 years ago, a Chinese official said Thursday.

The next FOCAC summit will be held in South Africa in early December, which will be a "milestone" in Sino-African ties and trade cooperation, said Qian Keming, vice commerce minister.

China has provided African countries with loans worth over 20 billion U.S. dollars since 2012 to support infrastructure, investment, small and medium-sized enterprises, agriculture and manufacturing, according to Qian.

The Chinese government has rolled out about 900 assistance programs in Africa covering agriculture, health, education and other fields and offered training to over 30,000 local people since 2012, he said.

China has been Africa's largest trade partner for six straight years and Africa is assuming growing importance as an investment and engineering contract destination for Chinese enterprises, he said.

Trade between China and Africa hit 222 billion U.S. dollars in 2014, up 20-fold from 2000, when the mechanism was launched, he added. Endi