Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Chinese premier eyes closer ties with east Africa

05 May 2014, 17:26

Nairobi - Chinese Premier Li Keqiang's visit to Ethiopia is conducive to boosting cooperation, unity and common development between China and Ethiopia, Chinese Commerce Minister Gao Hucheng said here Monday.

"The China-Ethiopia relationship has been developing in the fast lane in recent years, and particularly, the bilateral economic and trade cooperation enjoys a strong momentum with remarkable achievements, setting an example for China-African cooperations," Gao said in an interview with Xinhua during Li's visit.

"In the past decade, the bilateral trade volume witnessed an averaged annual growth of 20 percent and reached 2.19 billion U.S. dollars last year," said the minister.

By the end of 2013, China's direct investment to Ethiopia had reached 720 million U.S. dollars, with total value of contracted projects by Chinese companies in the African country reaching 22.4 billion, said Gao.

"China has been Ethiopia's largest trading partner, leading foreign investor and contractor for years," he told Xinhua.

Chinese companies not only transferred advanced and pragmatic technologies into Ethiopia, but also created over 5,000 jobs for its people, said the minister, adding they have actively fulfilled their social responsibilities by digging wells, building roads and funding public health for the local people.

"China helped Ethiopia to build its first wind power plant and highway, and now is assisting the construction of its first light-rail and cross-border railway," said Gao.

Against this backdrop, Premier Li's visit would lift bilateral ties to a new height, said the minister, vowing to work together with the Ethiopian side to further deepen their economic and trade cooperation.

Li arrived here Sunday for a visit to the East African country, during which he also visited the African Union headquarters and delivered a speech there to expound on China's Africa policy.

Ethiopia is the first leg of Li's four-nation tour, his first to the African continent since he took over the Chinese premiership in March last year.

He will also visit Nigeria, Angola and Kenya.

- Xinhua

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!.


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Victor Tinto
Leave ODM if you are unhappy, Rai...

Leave ODM if you are not happy, Raila Odinga tells Senator. Read more...

Submitted by
Victor Tinto
Former Assistant Minister joins J...

A former Assistant Minister has quit PNU and joined the Jubilee Party. Read more...

Submitted by
Victor Tinto
DP Ruto intervenes as Kerio Valle...

DP William Ruto will visit Kerio Valley to try solve never-ending clashes between local residents. Read more...

Submitted by
Wilson Ochieng
ODM MP chased down by angry Kibra...

Kibra MP Ken Okoth had a hard time in his constituency after angry youth pelted him with stones. Read more...

Submitted by
Wilson Ochieng
Prepare for DP Ruto fight in 2022...

An MP has warned that the Kalenjin Community will not stand back and watch as DP Ruto is duped ahead of the 2022 polls. Read more...

Submitted by
William Korir
Be careful who you deal with, DP ...

Watch out for your political future, DP William Ruto has been warned. Read more...