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Iraq will allow trade with China to be settled in renminbi
Iraq

Iraq will allow trade with China to be settled in renminbi

Release time:
2023-02-24 17:17
        Iraq's central bank has unveiled new measures to boost its foreign exchange reserves, including allowing direct settlement of the country's trade with China in renminbi.

 

        The central bank of Iraq said in a statement on Tuesday that the direct settlement of trade with China in RMB will be achieved in two ways: one is to increase RMB reserves through RMB accounts opened by Iraqi banks in Chinese banks; The second is to increase banks' reserves of dollars, which can be converted into yuan, through the central bank's accounts at J.P. Morgan Chase & Co. and Singapore's DBS Bank.

 

       This will be the first time that Iraq will allow its imports from China to be settled in yuan, while its trade with China has been settled in US dollars, Iraqi government economic adviser Mudir Saleh told the media.

 

        Amar Ibrahimi, an official of the Iraqi Supreme Audit Commission, told Xinhua that the measures announced by the Iraqi Central bank show the growing importance of the RMB in the international market and will facilitate trade between Iraq and China.

 

        China is Iraq's largest trading partner, and Iraq is China's third largest trading partner among Arab countries.
UAE President Mohammed Meets with Yang Jiechi
UAE

UAE President Mohammed Meets with Yang Jiechi

Release time:
2022-07-04 14:29


 

        Xinhua News Agency, Abu Dhabi, July 1. On July 1, UAE President Mohammed met with Yang Jiechi, Member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, in Abu Dhabi.

        Yang Jiechi conveyed the cordial greetings of President Xi Jinping to President Mohammad. Yang Jiechi said that China and UAE are comprehensive strategic partners, and China regards the UAE as a priority in its diplomacy in the Middle East. The high attention and strategic guidance of the two heads of state on bilateral relations have played a key role in the development of China-Afghanistan relations. Since the beginning of this year, the two countries have successfully met and communicated with each other first and last, steering the development of China-Arab relations in the new era. China firmly supports Afghanistan in safeguarding national sovereignty and security, and firmly opposes any interference in Afghanistan's internal affairs.The Chinese side highly appreciates the Arab side's support for the Global Development Initiative and the Global Security Initiative, and is willing to strengthen cooperation with the Arab side under these two major initiatives and jointly make positive contributions to the promotion of lasting peace and long-term development in the world. It is expected that the two sides will strengthen the connection between the "Belt and Road" initiative and the "development strategy for the next 50 years", work together to overcome the challenges of the epidemic, continue to expand cooperation in traditional fields such as civil aviation, energy, finance, investment, and infrastructure, and forge more cooperation in a series of new fields Highlights.

        Yang Jiechi expressed that China is willing to strengthen communication and coordination with Arab countries in international and regional affairs, carry out in-depth South-South cooperation, continuously improve the level of collective cooperation between China and Arab countries, jointly practice genuine multilateralism, and jointly safeguard international fairness and justice.

        Mohammed asked Yang Jiechi to convey sincere greetings to President Xi Jinping and warm congratulations on the 101st anniversary of the founding of the Communist Party of China. Mohammed said that Afghanistan and China have strong political mutual trust and fraternal friendship, which is a model of mutual respect and trust between countries. The special comprehensive strategic partnership between Afghanistan and China is of great significance and is a century-old plan. Afghanistan is willing to further deepen the alignment of development strategies and cooperation in various fields, actively participate in the joint construction of the "Belt and Road", take a long-term perspective, and contribute to regional and international peaceful development.
Survey shows African youth see China as a positive influence on the ground
Survey

Survey shows African youth see China as a positive influence on the ground

Release time:
2022-06-30 11:13


 

        Xinhua News Agency, Nairobi, June 29. According to the "2022 African Youth Survey" report, in the eyes of African youth, China has become the most influential country outside Africa on the African continent. China is the most influential country in infrastructure construction and local employment promotion. African countries have made positive contributions.

        On June 13, the "2022 African Youth Survey" commissioned by the Ichkowitz Family Foundation of South Africa was released. The report conducted more than 4,500 face-to-face in-depth interviews with young people aged 18 to 24 in 15 African countries, of which 77% believed that China was the most influential country outside Africa on the African continent; 76% Said that China's influence on its country and life is positive.

        According to the report, China's investment and support for infrastructure construction on the African continent, high-quality and cheap commodities, export opportunities for African products, and job creation for local people are the main reasons for African youth to affirm China's positive influence on Africa.

 

Chinese products are favored by young Africans

 

        In African countries, whether it is a small street store or a large shopping mall, there are a wide variety of "Made in China" products on the shelves, ranging from clothes, shoes, hats and plastic products to household appliances.

        "A lot of my home appliances are Chinese, and they help me a lot," said Muir, an African actress. "Chinese goods are affordable and of good quality."

        In addition to general daily necessities, electronic products from Chinese manufacturers have also become more and more popular among the younger generation in Africa in recent years.

        Martin, a 30-year-old African self-media man, calls himself a "fan" of Chinese products. He told reporters that Chinese manufacturers offer a variety of goods at different price points and have won many consumers in Kenya.

       “China is the manufacturing hub of the world,” Martin said. “Most of the products we consume come from China.” He adds that Chinese manufacturers have the expertise and innovation to make them affordable for most households their products.

        Transsion, a Chinese mobile phone brand, is very popular in the African market, and will lead the African smartphone market in the fourth quarter of 2021, with a market share of 47.9%. According to Anthony Otino, the product manager of the brand, the products under the brand are mainly aimed at young people who are keen on fashion, and the manufacturers will also adjust and customize the products according to the needs of African consumers, which is also the most popular local products for Chinese products. reason.

 

Chinese investment brings more opportunities

 

        Since the signing of the memorandum of cooperation with China to jointly build the "Belt and Road", the development space of Kenya, an East African country, has continued to expand. Relevant research released by the Kenya African Policy Institute believes that China supports the construction of modern infrastructure projects such as railways, highways, ports, industries, and digital interconnection in Kenya, creating more local jobs. Thousands of Kenyan students are receiving scholarships from China and Benefit from training opportunities and energize the country's economic development.

        The Mombasa-Nairobi Railway, built by a Chinese company, has just celebrated its fifth anniversary of its opening to traffic. This standard-gauge railway connects Mombasa, the largest port in East Africa, and Nairobi, the capital of Kenya. Travel is more convenient, and it also brings employment opportunities for many local young people.

        A 30-year-old Kenyan girl, Tabitha Kiprimo, came to work on the Mombasa-Nairobi Railway after graduating from university. She received training from Chinese experts on train operation and mastered the signal, braking system and engine working principle, and became an excellent trainee. railway train driver. She was promoted to a management position due to her outstanding performance.

       "I am very proud to be one of the first female drivers of the Mombasa-Nairobi Railway." Kiprimo thanked the Chinese side for nurturing her and said that this opportunity is a good incentive for local young girls.

        According to data from early 2022, since the establishment of the Forum on China-Africa Cooperation, Chinese companies have built and renovated more than 10,000 kilometers of railways and nearly 100,000 kilometers of roads on the African continent, creating more than 4.5 million jobs.

 

Learning from "China's Experience" to Promote Development

 

        The "2022 African Youth Survey" pointed out that by 2030, about 42% of the world's youth population will come from Africa, and youth will become an important force in promoting peace, stability and social development in Af
The 14th BRICS Leaders' Meeting was held. Xi Jinping presided over the meeting and delivered an important speech
The

The 14th BRICS Leaders' Meeting was held. Xi Jinping presided over the meeting and delivered an important speech

Release time:
2022-06-25 15:45


On the evening of June 23, Chinese President Xi Jinping presided over the 14th BRICS Leaders' Meeting in Beijing by video and delivered an important speech entitled "Building High-Quality Partnerships and Starting a New Journey of BRICS Cooperation". Photo by Xinhua News Agency reporter Li Xueren

        Xinhua News Agency, Beijing, June 23 (Reporter Yang Yijun) President Xi Jinping presided over the 14th BRICS Leaders' Meeting by video in Beijing on the evening of the 23rd. South African President Ramaphosa, Brazilian President Bolsonaro, Russian President Vladimir Putin, and Indian Prime Minister Narendra Modi attended.

       The East Hall of the Great Hall of the People is full of flowers, and the national flags of the five BRICS countries are neatly arranged, which complements each other with the BRICS logo.

        At about 8 pm, the leaders of the five BRICS countries took a group photo together and the meeting began.

        Xi Jinping first delivered a welcome speech. Xi Jinping pointed out that, looking back on the past year, facing the severe and complex situation, the BRICS countries have always adhered to the BRICS spirit of openness, inclusiveness and win-win cooperation, strengthened solidarity and cooperation, and worked together to overcome difficulties. The BRICS mechanism has shown resilience and vitality, and BRICS cooperation has achieved positive progress and results. This meeting is at a critical juncture of where human society is headed. As important emerging market countries and major developing countries, the BRICS countries must be brave in their responsibilities and actions, speak out a voice of fairness and justice, strengthen their belief in defeating the epidemic, gather the synergy of economic recovery, promote sustainable development, and jointly promote BRICS cooperation. High-quality development contributes wisdom and injects positive, stable and constructive forces into the world.



On the evening of June 23, Chinese President Xi Jinping presided over the 14th BRICS Leaders' Meeting in Beijing by video and delivered an important speech entitled "Building High-Quality Partnerships and Starting a New Journey of BRICS Cooperation". South African President Ramaphosa, Brazilian President Bolsonaro, Russian President Vladimir Putin, and Indian Prime Minister Narendra Modi attended.

Photo by Xinhua News Agency reporter Li Tao

        Xi Jinping delivered an important speech entitled "Building High-Quality Partnerships and Opening a New Journey of BRICS Cooperation".

        Xi Jinping pointed out that at present, the world is undergoing profound changes unseen in a century, and the new crown pneumonia epidemic is still spreading, and human society is facing unprecedented challenges. In the past 16 years, in the face of rough seas, wind and rain, the big ship BRICS has braved the wind and waves, marched forward with courage, and found a right path in the world of mutual fortification and win-win cooperation. Standing at the crossroads of history, we should not only look back on the past and keep in mind why the BRICS countries set out, but also look forward to the future, build a more comprehensive, close, pragmatic and inclusive high-quality partnership, and jointly open the BRICS cooperation. new journey.



On the evening of June 23, Chinese President Xi Jinping presided over the 14th BRICS Leaders' Meeting in Beijing by video and delivered an important speech entitled "Building High-Quality Partnerships and Starting a New Journey of BRICS Cooperation". Photo by Xinhua News Agency reporter Li Xueren

        First, we must adhere to solidarity and solidarity to maintain world peace and tranquility. Some countries are trying to expand military alliances to seek absolute security, coercing other countries to choose sides to create camp confrontation, and ignoring the rights and interests of other countries to pursue self-reliance. If this dangerous momentum is allowed to develop, the world will be more volatile. The BRICS countries should support each other on issues concerning each other's core interests, practice genuine multilateralism, uphold justice, oppose hegemony, uphold fairness, oppose bullying, maintain unity, and oppose division. China is willing to work with BRICS partners to promote the implementation of the global security initiative, adhere to the common, comprehensive, cooperative and sustainable security concept, and walk out of a new type of security strategy of dialogue rather than confrontation, partnership rather than alliance, and win-win rather than zero-sum. Road, inject stability and positive energy into the world.

        Second, we must adhere to cooperative development and jointly address risks and challenges. The impact of the new crown pneumonia epidemic and the crisis in Ukraine is intertwined and superimposed, casting a shadow on the development of various countries, with emerging market countries and developing countries bearing the b
Inflation to fall sharply in Angola
Inflation

Inflation to fall sharply in Angola

Release time:
2022-06-25 15:28


        On June 23, Angolan state news agency reported. Standard Bank expects annual inflation in Angola to fall sharply to around 16.1 percent by the end of the year, after peaking at 27.7 percent in January and falling to 24.4 percent in May.

        Angola has made substantial progress in achieving economic stability, embodied in the control and reduction of inflation, the strengthening of the national currency (kwanza), which appreciated by 28.2% against the US dollar in the first five months of the year, according to a research report published by Standard Bank. Compared with the past 12 months, it has appreciated by 49.2%. The price of oil per barrel, which has been fixed above US$100 since the beginning of the year, has played a decisive role, with high oil prices making a major contribution to the stabilization and growth of Angola's gross domestic product (GDP). Despite the impact of the Covid-19 pandemic and global measures to reduce carbon emissions, Angola has managed to boost investment in the oil sector to stabilize production, which has been falling since 2016.

        Standard Bank believes that despite the challenges, the macroeconomic situation and prospects in Angola point to a series of positive developments in the national economy.
14 million people have the right to vote
14

14 million people have the right to vote

Release time:
2022-06-14 17:13


 

        On June 13, Angolan state news agency reported. The Ministry of Territorial Administration of the Angolan government, on behalf of the government, submitted a database of valid voter information to the National Electoral Commission. A total of 14,399,391 citizens have the right to vote in this year's general election.

        The Minister of Territorial Administration highlighted overseas voter registration. Due to the restrictions imposed by the Covid-19 pandemic, only 12 countries have registered overseas. Among them, the focus is on South Africa, Congo (DRC), Zambia, Brazil and Portugal, the above-mentioned countries. There is a large Angolan diaspora. The Minister also thanked the other ministries and the Angolan Air Force for their support, which made the voter registration completed with the concerted efforts of all Angolan people.

        The fifth general election in Angola's history will be held on August 24. Since June 6, the general election process has been launched.
President of Zanzibar, Tanzania thanks China for its support in the field of health
President

President of Zanzibar, Tanzania thanks China for its support in the field of health

Release time:
2022-06-10 08:55
   

     

    Xinhua News Agency, Dar es Salaam, June 7 (Reporter Xie Hao) Tanzania Zanzibar President Mwini met with the 31st China-aided Zanzibar medical team at the Zanzibar Presidential Palace on the 7th. Thank you for your support.

    Xinhua News Agency, Dar es Salaam, June 7 (Reporter Xie Hao) Tanzania Zanzibar President Mwini met with the 31st China-aided Zanzibar medical team at the Zanzibar Presidential Palace on the 7th. Thank you for your support.

    At the meeting, the Chinese medical team donated medical supplies including portable color ultrasound, electrocardiograph, defibrillator, oxygen generator and medicines to the Zanzibar health department, and represented the Jiangsu Provincial People's Hospital to the Zanzibar counterpart cooperative hospital. Donated surgical sutures worth more than RMB 300,000.

    Qu Lishuai, captain of the 31st China-aided Zanzibar medical team, said that the medical team received strong support from the Zanzibar government during its work, and hoped that these medical supplies would help meet the clinical needs of Zanzibar patients. The medical team will continue to strengthen cooperation and exchanges with the Zanzibar health sector, provide local people with high-quality medical services, and enhance the friendship between the Chinese and Zanzibar peoples.

    It is understood that since September 2021, the current Chinese medical team has provided services for more than 50,000 local patients, performed more than 6,000 operations of various types, participated in the treatment of nearly 10,000 critically ill patients, and promoted laparoscopic surgery as the Represents the local clinical application of minimally invasive treatment techniques. The medical team also actively promoted the implementation of the China-Africa counterpart cooperative hospital project in Zanzibar, and regularly went to counterpart hospitals to carry out operations, education, training and other activities.
China is Angola's third largest source of direct investment
China

China is Angola's third largest source of direct investment

Release time:
2022-06-07 17:40


 

    Recently, the China-Portugal Bridge (clbrief) reported. China is the third largest source of direct investment in Angola between 2018 and 2022, according to data published by the Angolan Private Investment and Export Promotion Agency (AIPEX).

    AIPEX data shows that between 2018 and 2022, the UAE is the largest source of direct investment in Angola, with an investment volume of about US$351.7 million, the United Kingdom is about US$283.1 million, China (mainland) is about US$225 million, and Germany is about US$225 million. $93.6 million, about $36.8 million in France, $24.5 million in Belgium, $20.5 million in Hong Kong, $19.2 million in Portugal, $12 million in Eritrea, and $10 million in Switzerland.

    Between 2018-2022, foreign direct investment intended to be carried out in Angola is about US$2.7 billion, involving 234 projects in 48 countries, AIPEX said. FDI in Angola mainly focuses on mining, finance, telecommunications, civil engineering and construction, education, healthcare, tourism, fishing, agriculture, commerce and industry.

    The data published by AIPEX includes only foreign investors investing in Angola through the agency.
Xi Jinping Holds Telephone Talks with UAE President Mohammed
Xi

Xi Jinping Holds Telephone Talks with UAE President Mohammed

Release time:
2022-06-01 09:06
Xinhua News Agency, Beijing, May 31. Chinese President Xi Jinping had a telephone conversation with UAE President Mohammed on the afternoon of May 31.

Xi Jinping pointed out that with the joint efforts of both sides, China-Arab comprehensive strategic partnership has been continuously consolidated and improved, and friendly cooperation in various fields has reached the best level in history. In the face of the new crown pneumonia epidemic, the two sides have watched and helped each other, carried out in-depth anti-epidemic cooperation, and steadily promoted practical cooperation in various fields, demonstrating the resilience and broad prospects of China-Arab relations. In February this year, you came to China to attend the opening ceremony of the Beijing Winter Olympics. We reached broad consensus on the development of bilateral relations and made positive progress in relevant cooperation. China is willing to work with Afghanistan to consolidate friendship, consolidate mutual trust, and deepen cooperation, so as to continuously enrich the connotation of China-Afghanistan comprehensive strategic partnership and better benefit the two peoples.

Xi Jinping stressed that China firmly supports Afghanistan in safeguarding national sovereignty, security and stability, and supports Afghanistan in independently exploring a development path that suits its own national conditions. Benefit. The Chinese side is willing to deepen the anti-epidemic cooperation with the Arab side, strengthen the alignment of the joint construction of the "Belt and Road" initiative with the Arab side's development strategy, and promote the in-depth development of bilateral cooperation. The two sides should also intensify people-to-people and cultural exchanges and promote people-to-people bonds. China is willing to communicate closely with Afghanistan on international and regional affairs, strengthen coordination on global development initiatives and global security initiatives, maintain peace and stability in the Middle East, and promote the development of the global governance system in a more just and reasonable direction, so as to promote lasting peace and long-term world peace. make a positive contribution to development.

Mohammed said that he was very happy to attend the opening ceremony of the Beijing Winter Olympics in China in February this year and had a good meeting with President Xi Jinping. Afghanistan and China have conducted fruitful cooperation in many fields such as the fight against the epidemic. I cherish the deep and fraternal friendship with President Xi Jinping and will do my best to promote the continuous development of the UAE's relations with the great China. I would like to reiterate that the UAE will stand firmly with China in the past, present and future. I believe that with the joint efforts of both sides, the UAE-China comprehensive strategic partnership will surely usher in a brighter future and better benefit the two peoples.
Xi Jinping Holds Phone Call with Zambian President Hitchlema
Xi

Xi Jinping Holds Phone Call with Zambian President Hitchlema

Release time:
2022-06-01 09:04


      On the afternoon of May 31, Chinese President Xi Jinping had a telephone conversation with Zambian President Hitchlema.

      Xi Jinping pointed out that China and Zambia are traditional friendly "all-weather friends", and the friendship between China and Zambia is unbreakable. In the past year, China-Zambia relations have maintained a positive momentum of development. The bilateral trade volume has reached a record high, and Zambia has become the African country that attracts the most direct investment from China. The cooperation between the two countries has huge potential and bright prospects. China attaches great importance to China-Zambia relations, and is willing to work with Zambia to consolidate and deepen China-Zambia friendship and push bilateral relations to a higher level and in a wider range of fields.

      Xi Jinping emphasized that the two sides should adhere to grasping bilateral relations from a strategic perspective, support each other on issues concerning each other's core interests, strengthen inter-party exchanges, and share experience in state governance and administration. It is necessary to strengthen strategic communication and policy alignment, fully implement the "Nine Projects" of the Forum on China-Africa Cooperation, deepen mutually beneficial cooperation in various fields, promote more Zambian commodities, especially high-quality agricultural products, to enter the Chinese market, and strengthen anti-epidemic cooperation. It is necessary to inherit the spirit of the Tanzania-Zambia Railway, give it a new era connotation, and make the Tanzania-Zambia Railway an important transportation channel in the region.

        Xi Jinping stressed that it is China's long-term and firm strategic choice to develop solidarity and cooperation with African countries such as Zambia as a developing country. The two sides should adhere to an independent foreign policy, firmly uphold international fairness and justice, and firmly uphold the international system with the United Nations at its core and the international order based on international law. The Chinese side is willing to work with the African side to promote high-quality joint construction of the "Belt and Road", deepen cooperation in areas such as health care, poverty reduction and agriculture, trade and investment, green development, and digital economy, so as to help Africa achieve economic recovery and sustainable development, and promote the construction of A China-Africa community with a shared future in the new era.

      Hitchilema said that under the excellent leadership of President Xi Jinping, the Chinese people have achieved prosperity and development, and the Zambian side deeply admires China's achievements. Thank you for China's long-term important assistance to Zambia's national construction and development, as well as vaccines and other assistance for Zambia's fight against the epidemic. The Zambian side is willing to strengthen exchanges and reference with the Communist Party of China, consolidate and deepen the traditional friendship established by the older generations of leaders of Zambia and China, and in the spirit of high mutual trust and cooperation, promote greater development of Zambia-China relations and benefit the two peoples. The Zambian side firmly adheres to the one-China policy, supports the "Belt and Road" initiative, the global development initiative and the global security initiative proposed by the Chinese side. I wish the 20th National Congress of the Communist Party of China a complete success.