Noting that China-Africa practical cooperation had yielded fruitful results in recent years, Hua said at a routine press briefing that Africans could feel the true feelings of Chinese toward them and the tangible benefits brought by bilateral cooperation.
“It is an indisputable fact that China-Africa cooperation has been sincerely welcomed by African countries and people, and has been positively evaluated by the international community,” Hua said.
According to media reports, Rwandan President Paul Kagame said recently that China’s engagement in Africa is “a good thing,” and that “China is active in Rwanda but not in an inappropriate way.”
“In Rwanda, we know our capacity and which Chinese proposals we should accept, so as not to be overloaded with debt,” said Kagame, who was in Vienna, Austria for the High-Level Europe-Africa Summit. “It depends on us Africans. Why wouldn’t we know how to negotiate with China?”
In her presser on Tuesday, Hua added that the international community should listen more to Africa’s voice, believe in its wisdom and respect its will when conducting cooperation with Africa.
She also added that it is doomed to get no consent from Africa to point fingers at Africa and China-Africa cooperation in disregard of facts or out of political purposes.
China and Africa have been partnering on investments for approximately the last seven years. In September 2018, delegates from both countries met at the seventh annual Forum on China-Africa Cooperation. The collaboration and cooperation makes Africa one of China’s greatest allies in the current global market environment. The level of China’s investment in the continent of Africa has been increasing at a steady rate. At the 2018 China-Africa Cooperation Forum, China announced it would be providing $60 billion in financial support to Africa.
Some of the primary motivations that lie behind China’s push toward increased investments in African nations include the desire to secure a solid base of raw materials to fuel China’s own rapidly growing economy, the desire to increase China’s global political influence and the major growth opportunity presented by emerging market economies in Africa.
Mining and oil remain a primary focus of China’s investments; however, the country’s investments extend throughout virtually every market sector, including everything from infrastructure to food processing. China’s investments in the largely undeveloped infrastructure of African nations are particularly strong, encompassing key areas such as utilities, telecommunications, port construction and transportation.
China’s investments have the country well-positioned to profit from continuing economic development in Africa. Many Chinese firms investing in Africa are state-owned. This gives them a notable competitive edge when, for example, bidding procurement contracts in African countries, since the companies can obtain substantial subsidies from the Chinese government.