Xinhua Headlines: China-Africa cooperation energizes Global South growth
2025-01-08 21:22 Xinhua
Since Dec. 1, China has granted all least developed countries with which it has diplomatic relations, including 33 African countries, zero-tariff treatment on 100 percent of their product categories, becoming the first major developing country and leading economy to adopt such a policy.
On top of the zero-tariff policy, China has introduced measures to turn its vast consumption market into a key opportunity for Africa, not least by expanding green channels for African agricultural products. It has also facilitated Africa's participation in major exhibitions like the China International Import Expo, helped connect African products to global markets, and signed economic partnership agreements for long-term, stable institutional support.
Driven by these measures, Rwandan dried chili and coffee, Kenyan avocados, Beninese pineapples, Malagasy lamb, Malawian peanuts, and Mozambican macadamia nuts and cashews are now gracing Chinese consumers' tables.
According to the General Administration of Customs of China, in the first eight months of 2024, China imported African agricultural products worth 28.47 billion yuan (about 4 billion U.S. dollars), up by 4.8 percent from a year earlier.
With two-way trade booming, China's vast market has also strengthened Africa's industrial chains and added value to its products. Michel Anondraka, director general of agriculture and livestock at Madagascar's Ministry of Agriculture and Livestock, said Madagascar exported frozen lamb products to China for the first time in 2024 and the transition to exporting meat instead of live animals will retain more added value in the country.