日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Africa

BRI industry parks bolster African links

By Chen Yingqun | China Daily | Updated: 2019-12-31 09:35
Share
Share - WeChat
An Ethiopian works at a shoe factory in the Eastern Industry Zone, Addis Ababa, Ethiopia. ZHANG YU/XINHUA

Infrastructure provides opportunities to attract investment, create more jobs

Chinese-built industrial zones under the Belt and Road Initiative, or BRI, have become effective platforms for African countries to learn about China's development experiences and realize their industrial transformation.

Hisham AbuBakr Metwally, an economics researcher with the Egyptian Ministry of Foreign Trade and Industry, said that while African countries are striving to catch up on the industrialization front, such joint economic zones with China give them opportunities to attract investment as well as to learn about best practices when it comes to China's economic development.

"Such industrial zones under the BRI support growth in Africa and help the continent achieve employment goals," he said.

Data from the General Administration of Customs showed that Chinese companies invested $34 billion in overseas economic and trade cooperation zones in BRI related countries, and about 4,500 Chinese companies have established operations in the zones. And they have paid $2.8 billion as taxes and fees to local governments and created more than 300,000 jobs for locals.

On the Africa continent, there are currently 25 Chinese-built industrial zones, which have created more than 40,000 jobs for locals and paid nearly $1.1 billion of taxes to local governments, Qian Keming, vice-minister of commerce said at a news conference in June. And he said that China is encouraging the construction of more industrial zones in Africa.

These industrial zones are defined by the Ministry of Commerce as industrial parks that are independent legal entities established overseas by Chinese companies. They have complete infrastructure, clear industrial development strategies, and provide public services to companies in it.

One of the flagship projects is the Chinese-built Eastern Industry Zone, which is 30 kilometers from Addis Ababa, the capital of Ethiopia. It is also Ethiopia's only overseas industrial zone at the national level.

Founded in 2007, the zone has 83 manufacturers and has created over 10,000 jobs for locals. The companies there are mainly engaged in sectors like cement, footwear, automobile assembly, and textiles& garments, according to its website.

Another model for development is the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, which is located in a desert 50 kilometers south of the seaport city Suez and 120 kilometers east of Egypt's capital Cairo.

The zone has 84 enterprises, including 42 manufacturing companies, and has attracted more than $1 billion investment. It has also generated about $58.2 million in taxes, according to the Egypt-TEDA SEZone (Suez Canal Economic Zone) Development Co.

The industrial park hosts companies involved in manufacturing, logistics, technology development, commerce, and finance.

Metwally said that this industrial zone has not only attracted Chinese companies, but also investments from other countries. For example, Russia has been attracted to invest in the same region with a big industrial zone.

"The China-Egypt TEDA Suez Economic and Trade Cooperation Zone is a breakthrough and offers a model for Egypt's industrialization," he said.

Zhang Jianping, the director-general of the Institute of West Asia and Africa at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, said that the BRI is a huge platform for global cooperation and development under which China and Africa can work together to realize the United Nations' 2030 Agenda for Sustainable Development.

Offering a model

Zhang said that the building of industrial parks under the BRI is critical to Africa's development. The African countries' infrastructure is relatively poor, and their development capacity is relatively weak. So, if they try to realize industrialization project by project, it will be slow.

"But industrial parks could quickly pass China's experiences to African countries, helping them bring industries together, improve efficiency and reduce risk amid development," he said.

Moreover, industrial parks can help improve infrastructure, offer jobs and vocational training to local workers, and generate taxes for local governments.

Jiang Hao, a partner at global consultancy Roland Berger, said that with the BRI, an increasing number of Chinese companies were willing to invest overseas.

For overseas companies that want to invest in Africa, these industrial parks can help them understand the destination countries' business environment, get better access to local recourses, simplify the examining and approving formalities and reduce legal risks.

He also said that these parks could speed up building of African countries' industrial capacity.

"For example, if a vehicle manufacturing factory comes up in an industrial park in Africa, downstream enterprises, including auto parts makers, are very likely to follow suit. Thus, an African country could rapidly build up a complete supply chain for the auto industry," he said.

Metwally said that many African countries attached great importance to the BRI as they want to get involved in mega-infrastructure projects financed and implemented by China, as these projects have a positive impact on boosting economies and contributing to growth."

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精选经典三级小泽玛利亚 | 锵锵锵锵锵锵锵锵锵好大好湿软件 | 高清一区高清二区视频 | 欧美精品一区二区三区在线 | 久久综合九色综合欧洲 | 99在线视频观看 | 日韩一区二区不卡 | 久久亚洲精品国产一区 | 亚洲五月婷 | 国产日产亚洲欧美综合另类 | 黄色免费网站电影 | 亚洲欧美黄 | 国产综合50p | 日韩城人网站 | 免费一级特黄3大片视频 | a级在线观看| 一级片视频免费观看 | 久久黄网 | 91在线观看视频 | 久久久国产精品福利免费 | 婷婷久久综合 | 欧美一区高清 | 久久综合图区亚洲综合图区 | 边摸边吃奶边做激情叫床文章 | 全部免费国产潢色一级 | 黄网在线| 亚洲综合久久久久久中文字幕 | 成人午夜视频免费 | 亚洲天天干 | 黄色片免费在线播放 | 免费看成年视频网页 | 女人色毛片女人色毛片中国 | 99精品视频在线观看 | 天天干网址 | 亚洲精品国产电影 | 国产成人18黄禁网站免费观看 | 6080yy免费毛片一级新视觉 | 色综合久久88中文字幕 | 成人免费观看www视频 | 国产精品一区二区三区久久 | 亚洲精品一区久久久久久 |