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China-Africa Development Cooperation Conference Held in Addis Ababa

An international conference on China and Africa Bilateral Cooperation was held in Addis Ababa, Ethiopia. The conference kicked off today at the Head Quarters of the African Union jointly organized by The African Union Commission Department of Economic Affairs and the China Africa Institute (CAI). The International Conference on China and Africa was organized under the theme ‘Jointly Promoting Sustainable Development’.

The summit comes after the Chinese President Xi Jinping’s announcement to establish the China-Africa Institute to enhance exchanges with Africa on civilization during the Beijing Summit on China-Africa Cooperation in 2018.

China-Africa Institute (CAI) aims to deepen exchanges between two civilizations and promote closer collaboration and communication on experiences in key governance and development between China and African countries, and to provide intellectual support for the Belt and Road Initiative.

Reports Indicated the China-Africa Institute (CAI) is sponsored by the Chinese Academy of Social Sciences (CASS).

Executive President of China Africa institute, Li Xinfeng has said in his statement China has achieved rapid economic development and long-term social stability over the past 70 years. And over the past four decades, China also has been expanding its opening, adhering to the path of peaceful development and actively integrating itself into the world economy.

“The main reason for the great achievements is that China has been strengthening and improving its national governance, and now China can share those experiences with the world,” Li Xinfeng said.

“It is of great significance for China and Africa to strengthen the exchanges of governance and development experience, which could help promote the common prosperity and development of China and Africa’s economy and society,” Li Xinfeng further added.

Albert M. Muchanga, Commissioner for Trade and Industry of the African Union Commission, on behalf of Victor Harison, the Commissioner for Economic Affairs of the African Union Commission, stressed the requirements Africa should fulfill to achieve the 2063 Agenda.

Agenda 2063, which is the 50 year development blueprint of the African Union, outlines Africa’s Aspirations for the future but also identifies key flagship programmes, such as the establishment of the African Union Financial Institutions and subsequent creation of an African currency, the African Economic Platform, the African Continental Free Trade Area (AfCFTA), among others.

“These programs are intended to contribute to boosting Africa’s economic growth and development and lead to the rapid transformation of the continent. Agenda 2063 of the AU and the 2030 Agenda for Sustainable Development adopted by the UN, provides a shared blueprint for peace and prosperity for all across the African continent,” the Commissioner emphasized.

According to the Commissioner, the Government of China’s commitment to support the development plans of the continent indicated the long-standing ties China wants to have with Africa.

He also underscored the economic and technical support Africans get from China serves as a stepping stone to fully implement the African Agenda 2063.

“Africa is encouraged by the assurances of china. Even the 2030 Agenda for sustainable development, which is a programmatic document guiding international cooperation on development, is in line with the new Africa-China development cooperation and the AU Agenda 2063,” the Commissioner said, concluding his speech with a call to strengthen the relations between China and Africa.

Senior Minister and Special Advisor to the Prime Minister of Ethiopia, Dr. Arkebe Oqubay on his keynote address to the China and Africa Conference reflected on the importance of the diplomatic ties with China calling the Asian power the source of inspiration.

“By 2025, out of five people from the World one belong to the African continent, 70 percent of the African population is youth and fastest urbanizing continent with potential for growing market and these clearly show that we Africans have to accelerate our economic development in every sector,” he said.

“We should recall the steps China has taken to develop itself and get lessons in overcoming our challenges.’’

“African recognizes the profound friendship with China and its people as demonstrated by the Chinese government’s strong willingness to engage in friendly cooperation,” Mr. Arkebe added.

Participants from the Conference also stated the need for China to work with African countries to enhance cooperation based on equality and openness to build a community of shared futures.

During the Conference, China showed its readiness to work with Africa in implementing promises with concrete and effective actions and achieving full implementation of consensus and outcomes.

Representatives from key research institutions, policymaking departments, high-level officials and enterprises from both China and Africa attended the conference and held in-depth discussions on a wide range of topics, including governance, capacity-building, urbanization, social policies, industrial development, and innovation.

(Ezega)

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