China has continued to deepen trade cooperation with African countries in recent years, with import and export volumes increasing rapidly, customs data showed Monday.
From 2000 to 2023, China-Africa trade increased from less than 100 billion yuan (about 14.08 billion U.S. dollars) to 1.98 trillion yuan, with an average annual growth rate of 17.2 percent, according to the General Administration of Customs (GAC).
From January to July, China-Africa trade increased 5.5 percent year on year to 1.19 trillion yuan, a record high for the same period, the AGD said.
China’s exports of ships, automobiles and wind turbines to Africa increased by 44.8%, 35.8% and 253.1% year-on-year respectively during the period.
At the same time, China’s imports of sesame, yellow tobacco and macadamia nuts from Africa increased by 38.8%, 32.7% and 106.2% respectively compared with the previous year.
China has long been committed to deepening economic and trade cooperation with Africa, and industrial ties between China and Africa have become increasingly close, said Lyu Daliang, an official with the AGD.
