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 Trade between China and Africa continued to register positive growth estimated at US$91 billion last year, despite the negative effect of the global recession a top Chinese official has said.
While the figure is slightly lower than US$106.8billion registered in 2008, China says it is optimistic that trade will continue to grow with increasing economic cooperation between the two trade partners.
"Since 2000, the two sides have established a new type of strategic partnership featuring political equality, mutual trust and economic win-win cooperation," said Zhang Yongpeng, the Deputy Director, Office of International Relations at the Institute for West Asian and African Studies (IWAAS).
Yongpeng, who is also a research fellow at the Chinese Academy of Social Sciences, was speaking at an ongoing seminar in Beijing organised for news media workers from African countries about China-Africa relations.
According to the official, the China-Africa economic relations are now focused on promoting investment, trade and labour contract between the two sides.
Since 2000, trade between the two sides has surged over the years from approximately US$10 billion to US$73.3 billion in 2007, registering a year-on-year increase of 32.2 percent.
In 2008 it soared by 44.1percent to reach a record high of US$106.84 billion, registering a year-on-year increase of 45.1 percent.
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