The Forum on China- Africa cooperation
is a platform established by the People's Republic of China and countries of
for joint dialog and a cooperation mechanism between the developing countries
The main objective of the Forum on China-Africa cooperation is to promote and
do business in Africa:
Foreign direct investment (FDI),
foreign trade and cooperation. The government of China has
taken different measures including setting aside special funds and providing
The International trade between China and Africa reached USD12.389
billion in 2002, growing 7 times from the 1991 (USD1.44 billion). Imports from China accounted for USD 5.427 billion and its
export was USD 6.962 billion.
China has cancelled RMB 10.5 billion of debt of 31 least developed countries of
The Beijing Summit of forum on China-Africa cooperation adopted a declaration in the
Beijing, proclaiming creation of "a new type
of Strategic partnership" between
the People's Republic of China and Africa.
China International trade has been growing fast the last decades. Africa is
an strategic partner for China, being its 2nd trade partner, and
estimated to have overtaken
the United States, France, and United Kingdom as the biggest
trade partner of Africa
Africa supply 30% of China oil needs (oil from Sudan bill for 10% of these 30%).
Forum on China- Africa cooperation members: People's Republic
of China, Algeria, Angola, Benin,
Cameroon, Cape Verde, Central African Republic, Comoros, Congo, Democratic
Republic of Congo, Djibouti, Ivory Coast, the Arab Republic of
Ghana, Guinea, Guinea Equatorial, Guinea - Bissau, Kenya, Lesotho, Liberia ,
Libya, Madagascar, Malawi, Mali, Morocco, Mauritania, Mauritius, Mozambique,
Namibia, Niger, Nigeria,
Uganda, Rwanda, Senegal, Seychelles, Sierra Leone,
Somalia, Sudan, Chad, Togo, Tunisia,
South Africa, Zambia and Zimbabwe.
Example of the course Africa China trade relations: