WTO entry a win-win for all

African countries have abundant energy resources, but electricity is urgently needed for people's living and economic development. The strong dependence on fossil fuels leads to drastic effects of climate change, including drought, flooding, soil erosion etc. In addition, individuals are losing their lives and incurring economic losses from climate-related disasters every year in most African countries. Hence, there is an immediate need for a technical transfer, research and training centre in Africa to promote the development of clean energy and rural electrification for achieving Sustainable Development Goal (SDG) 7 (Affordable and clean energy), SDG 13 (Climate action) and SDG 17 (Partnerships for the goals).

20 years in WTO: How China has boosted global trade

Nation marks 20th anniversary of joining WTO

The 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) was held in Dakar, Senegal, from November 29th to 30th 2021. this is the full text of DECLARATION ON CHINA-AFRICA COOPERATION ON COMBATING CLIMATE CHANGE:

Plastics can be divided into conventional plastics and special plastics according to their uses. Conventional plastics include general-purpose and engineering plastics; special plastics are functional plastic materials. These are high-tech materials that use general-purpose and engineering plastics as a base, which are then filled, blended or reinforced for specific performance purposes or to improve flame retardancy, strength, impact resistance and toughness. Examples include magnetic permeability materials, medical polymers, photosensitive materials and pearlescent materials. Functional plastic materials have been widely used in various fields and have recently become more common in many South-East Asian countries and some developing countries in Latin America. Due to a lack of research and development in functional plastics in these countries and regions, most rely on imports from abroad. As a result, functional plastic products are expensive, and large-scale promotion and application are unsuccessful. Functional plastic materials are convenient because of their unique performance and advantages, but incorrect use will harm the environment. This project relies on technology to make up for the deficiencies of general-purpose plastics. It seeks to improve product performance, explore simple recycling options and analyse environmentally degradable performance for sustainable development.

The Eighth FOCAC Ministerial Conference Achieves a Full Success

The 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) was held in Dakar, Senegal, from November 29th to 30th 2021. this is full text of Dakar Declaration of the Eighth Ministerial Conference of the Forum on China-Africa Cooperation:

On Nov. 26,2021, the State Council Information Office (SCIO) issued a white paper in Beijing titled "China and Africa in the New Era: A Partnership of Equals."

Although financial systems in Africa have progressed over the past 20 years, liberalization, privatization, and stabilization have yet to translate into more accessible financial services for the majority of Africans. There is a strong relationship between financial market development and economic growth. Financial markets help to direct the flow of savings and investments in the economy to facilitate the accumulation of capital and the production of goods and services. At a time of slowing global growth, the world is beginning to take notice of the fast-growing population and markets in Africa and the opportunities they hold. Nevertheless, the lack of access to financial services for small- and medium-sized enterprises (SMEs) at all levels continues to hamper cooperation in Africa.