Africa is rich in mineral resources, especially gold, copper, diamonds, chromium, manganese, high-grade iron ore and so on is unparalleled in other parts of the world. China is still relatively lacking in mineral resources and China needs to meet its urgent needs through imports. We also need to implement a new global strategy for resources and develop the mining industry through cooperative development and economic complementarity to ensure the sustainable development of our economy.
China, with its large-scale exploration and mining teams and corresponding technical equipment, is well placed to make a difference in this part of Africa.
Forestry:
Africa has a huge green treasure trove, and its unique natural conditions have made it one of the world's important production areas for tropical timber. Africa has a large number of undeveloped precious and rare timber, such as mahogany, African rosewood, neem, elemi, West African acacia, West African red bean, African poison ivy, African park and so on.
China's timber market with the acceleration of urbanization, the demand for natural wood is also growing. At present, the country has carried out timber cooperation with Gabon, Cameroon and other countries in Africa. There will be more opportunities for cooperation in this area in the future.
Automobile:
The huge potential of the African automobile market is getting more and more attention from Chinese enterprises. The African market has always been dominated by European cars. China's automobile industry, which has been developing rapidly in recent years, has begun to go to the international market. At present, there are also many automobile products are beginning to sell to Africa, and with its price advantage to occupy a certain market share. At present, more and more Chinese automobile enterprises are beginning to explore cooperation with their African counterparts.
Agriculture:
Africa is a big agricultural country with vast fertile land, but food production is relatively backward, and most African countries are not self-sufficient in food. China has a long history of agriculture and is now feeding 21 percent of the world's population on 7 percent of the world's land with its sophisticated agricultural technology, and has already solved the problem of subsistence and moved into well-off status.
Chinese agricultural technology, equipment and managers can be transferred to Africa. Because of their complementary nature in agriculture, agricultural cooperation between China and Africa will become a historical necessity.
Computer industry:
Africa's computer industry is now in its infancy, with the market centered on African countries such as the Maghreb (Morocco, Tunisia and Algeria), Egypt, South Africa, Mauritius, Cote d'Ivoire, Senegal and Gabon. There is a polarization in the African computer market, either IBM, HP, COMPAQ high-grade computers, or second-hand low-grade computers. The cost of computers is 50-100% higher than the U.S. market due to distance and transportation issues. Computer services are quite a money maker in Africa, with hardware garnering far less profit than software and services. The average price of a monthly Internet subscription in Africa is $200/month, six times the domestic price. But such a high cost of the network, still has a very large user system.
China in recent years in the computer industry is also the rapid development of products in the cost-effective is also a great advantage. Therefore, our domestic computer companies can its price advantage to quickly enter the African market.
Leather industry:
Africa's animal husbandry and agriculture, has a long history. Many countries in Africa, especially in sub-Saharan Africa, the livestock industry in the gross national product position is also relatively important, many countries herdsmen's food comes from livestock products. At the same time, the livestock industry developed countries are also abundant cow and sheep skin. But the African leather processing industry is relatively backward.
Chinese enterprises should go to Africa to investigate about leather raw materials and processing industry, in Africa to establish leather processing plant. Production of leather can be supplied to the African market, but also can be sold back to the domestic.
Paper industry:
Africa's development in the paper industry is in its infancy, in technology and equipment is also relatively backward and the current environmental requirements are not high.
Currently, China's paper industry due to environmental issues such as the operation of a lot of small businesses can not go on. But we have basic mature technology and equipment. Chinese paper companies can protect the African environment under the premise of considering the transfer of part of the equipment and technology to Africa, to help Africa develop related industries, but also to avoid the related equipment idle.
Pharmaceutical industry:
Africa is a continent that lacks medical care and the entire pharmaceutical industry is still very backward. In most African countries, health care is relatively backward. Often traditional herbalists, witchdoctors and modern medical treatments coexist, while modern medicine is dominant. Urban hospitals rely on expatriate practitioners, while the countryside, forests and mining areas rely on witchdoctors. Local traditional herbalists are also common, but without systematic medical knowledge, the actual level of medical care is low.
China can go to Africa to develop the African market with its mature Chinese medicine technology. Chinese medicine can be its price advantage to enter the African market and occupy a place.
Printing industry:
Africa's printing industry is relatively backward in general, and the printing industry in many countries is still in its infancy, so there is a huge potential for investing in the printing market in Africa.
China's printing industry is rapidly changing, the equipment is updated very quickly, and a large number of equipment is eliminated every year. We can transfer the eliminated equipment to Africa and develop the African printing industry.
Steel industry:
South Africa's iron and steel industry is very developed, the metallurgical industry is large-scale, well-developed, resource-rich, good infrastructure, including basic iron ore, iron and steel, basic non-ferrous metals and metal products. The basic iron and steel industry includes the stages from raw ore smelting to semi-finished products. China imports a large number of specialty steels and other products from South Africa every year, and Chinese companies can explore cooperation with South African companies in areas such as steel production and manufacturing.
Telecommunications:
Africa's economy has continuously maintained an average annual growth rate of about 4 percent over the past few years, which has laid the foundation for the development of the telecommunication industry, and on the other hand, the development of the telecommunication industry will promote the further development of Africa's economy.
Africa's telecom market is huge. At present, there are already ten countries that have opened up their telecommunication markets, and more countries will be liberalized in the future. African satellite television is quite developed, but the charges are extremely expensive, and the cell phone market is basically to be fully open. China's Huawei ZTE and other companies in Africa has achieved great success enough to illustrate this point. Chinese companies should seize the opportunity to go to Africa to investigate the relevant markets on the ground.
Home appliance industry:
Africa's demand for home appliances is growing at a rate of 5.5% per year, while many African countries have a weak industrial base and unbalanced development of the industry, with insufficient self-sufficiency in home appliances, low supporting capacity, and most of the equipments, components and raw materials need to be imported. On the market, color TV sets have gradually to 21-inch excess, the market profit is quite large. If we want to occupy the TV market in Africa, we must build factories in Africa. Africa's air conditioning, refrigerators, fans are in great demand, the market price is very expensive, a two-horse split air conditioning sold 800-1000 U.S. dollars.
And China's home appliance industry is already relatively mature. Chinese home appliance products are cheap and good quality, and have a very good market in Africa. Chinese home appliance companies can make a difference in Africa.
Poultry rearing:
Poultry rearing in Africa has formed part of the agricultural system over a long period of development, and the way it is reared and managed is largely influenced by biological, cultural, social and economic factors. In many African countries, rural poultry rearing accounts for about 60% of the national total (with a value of US$750 million) and provides 30%-80% of the country's egg and poultry products.
Specifically, African poultry rearing is characterized by the following three features: first, short production cycle and quick capital recovery; second, more products with less input; third, low-value feed into high-quality products. China has mature experience in poultry rearing and can drive the development of African agricultural and sideline economy in this field.
Fishing:
Africa has a long coastline and rich fishery resources, in addition, there are also a large number of inland lakes in Africa, which are quite rich in fishery resources, but due to the lack of equipment and almost no fishing industry, the fishery resources can not be well developed. Chinese fishing vessels are already carrying out relevant business in Africa. The Chinese enterprises concerned can reach out to more African countries for wider cooperation in fisheries.
Construction engineering:
The contracting market in Africa has a large potential, mainly focusing on the construction of transportation, power and communication facilities, and industrial projects are also gradually increasing. Africa's real estate profits in about 50%, there are very few developers here, only to meet the occasional 30% per year. Because of the great disparity between the rich and the poor in Africa, there is also a large market for high-grade housing. With the development of the economy, office and commercial facilities in Africa is quite tense, developers can not only use the building, but also can be rented and sold. African banks only recognize property, building once completed can be mortgaged bank, which can reduce the risk of increasing funds.
At the same time, some countries in Africa are undergoing reconstruction, and some countries receive a large amount of foreign aid for some projects every year, Chinese enterprises can go to Africa to understand the situation and actively participate in the bidding.
Building materials market:
Africa needs a lot of building materials, but its local production capacity is very limited. Chinese enterprises should grasp this opportunity and visit Africa. Introduce suitable building material products into Africa, or invest and set up factories in relevant African countries. The products can also be exported to neighboring countries.
Agricultural products processing:
Many countries in Africa are based on agriculture as the economic pillar, agricultural products are exceptionally rich in resources, deep processing of agricultural products to improve the added value of agricultural products is the road to the industrialization of African agriculture. At present, Africa's agricultural products processing a blank, from new product development, technical equipment innovation to product packaging, transportation and sales are unlimited business opportunities. It provides opportunities for Chinese enterprises to operate agricultural product processing in Africa. At the same time, China's processing machinery can also be exported to the relevant countries in Africa.
Aquaculture processing:
Africa's aquaculture processing industry is backward, but the prospect of development is very broad. Africans hope to cooperate with China in aquaculture processing. China is a big aquaculture country with good technology and experience, and cooperation in aquaculture processing can be explored between China and Africa.
Textile and garment industry:
Africa's textile and garment industry is underdeveloped. Chinese textiles are popular in Africa because of their superior quality and price. Although the competition for such products is already fierce in some African countries, Chinese enterprises can invest and set up factories in the countries concerned, so that we can give full play to our advantages and help Africa develop its industries and solve employment, thus gaining the support of African countries.
Furniture production and distribution:
Africa is rich in timber but has few furniture factories. The production and distribution of furniture is often very profitable. Chinese furniture manufacturers may wish to visit Africa and are sure to find many business opportunities.
Production and distribution of plastic products:
Africa is lagging behind in this area, and products are usually imported from Europe and the United States, and are therefore very expensive. China in the production of plastic products has been well developed, Chinese enterprises can ship the relevant equipment to Africa, to build a small plastic products factory in the local, small investment, quick results, will be able to achieve good economic results.
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