The 2nd Conference of Chinese and African Entrepreneurs
concluded?in Beijing on?Sunday morning with 14 agreements
signed between 11 Chinese enterprises and African governments and
firms, worth US$1.9 billion in total.
The agreements cover operation in infrastructure facilities,
communications, technology and equipment, energy and resources
development, finance and insurance.
African countries involved are Egypt, Ethiopia, South Africa,
Nigeria, Kenya, Ghana, Zambia, Uganda, Seychelles, Lesotho and Cape
Verde.
Referring to these contracts "a substantial result" of the
conference attended by 1,500 Chinese and African businessmen,
Chairman Wan Jifei of the China Council for the Promotion of
International Trade, announced the establishment of the
China-Africa Joint Chamber of Commerce and Industry.
Vice Premier Zeng Peiyan attended the closing ceremony and met
with officials of nine African countries including Zambia, Lesotho,
Nigeria, Uganda and Kenya.
The conference is on the sidelines of the two-day Beijing Summit
of the Forum on China-Africa Cooperation (FOCAC) highlighting
"friendship, peace, cooperation and development".
FOCAC is a mechanism for collective dialogue and cooperation
jointly established by China and Africa to cope with new challenges
and facilitate common development.
(Xinhua News Agency November 5, 2006)