综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Africa becoming hot destination for investment

By Li Jiabao, Du Juan and Zhang Zhouxiang (China Daily) Updated: 2014-02-25 07:29

'Exceptional opportunities'

"As far as Chinese investors are concerned, exceptional opportunities exist in industries such as aerospace, automobiles, electronics, textiles and leather, offshore and agro-businesses," he said in at a recent high-level forum on China's overseas investment.

Africa becoming hot destination for investment

Africa becoming hot destination for investment
He added that "substantial investments in the telecommunications, industrial, real estate, tourism and banking sectors have seen the Moroccan economy grow significantly in recent years".

In the oil and gas sector, North Africa would like to have more capital from a cooperative relationship, but political disputes and safety issues have been a stumbling block to Chinese investment.

Although Africa has a wealth of natural resources, its refining technology has been lagging behind for years.

Over the past year, Africa's refining capacity as a whole remained flat, but many countries in the region have plans to build new refineries.

According to a report from the CNPC Economics and Technology Research Institute, Africa plans to build new crude oil refining capacity of 80 million metric tons by 2020.

Libya is planning to invest $60 billion to expand its refining capacity from its current 380,000 barrels a day to 1 million barrels a day to meet growing domestic demand for fuel and reducing its dependency on imported oil products.

Recently, Libya entered into discussions with Chinese companies, as well as BP Plc, Royal Dutch Shell Plc, Eni SpA and Total SA for possible joint ventures, though nothing has been nailed down yet.

At the 2012 Forum on China Africa Cooperation, China committed to extend $20 billion in loans to African governments by 2015.

China's loans to Africa total $30 billion to $40 billion, of which China Development Bank and Export-Import Bank of China each financed roughly half, Simon Freemantle, a senior Africa analyst at Standard Bank Group, and Jeremy Stevens, a Beijing-based economist for Standard Bank Group, said in a research note.

"China's policy banks still have capital available to commit to Africa. These loans to Africa play an important role in creating opportunities for Chinese construction and engineering firms and exporters eager to move up the value chain," the note said.

Don't miss:

Africa becoming hot destination for investment

Africa becoming hot destination for investment

Africa becoming hot destination for investment

Top 10 trading partners of the Chinese mainland

China's top 10 richest cities

Top 10 overseas travel destinations for Chinese riches

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
...
敦煌市| 佳木斯市| 克什克腾旗| 黔江区| 馆陶县| 哈巴河县| 长寿区| 左贡县| 镇远县| 安平县| 株洲县| 合江县| 额尔古纳市| 商都县| 辰溪县| 三门峡市| 鄱阳县| 宜兰县| 二手房| 贵港市| 台东县| 克什克腾旗| 自贡市| 莱西市| 舒城县| 闻喜县| 扎兰屯市| 广饶县| 志丹县| 甘南县| 大关县| 安义县| 马龙县| 凌海市| 东阳市| 贵溪市| 佛学| 城口县| 穆棱市| 张家界市| 太仓市|