China and Africa can cooperate in several aspects:
1, mining
Africa is rich in mining resources, especially gold, copper, diamonds, chromium, manganese, high-grade iron ore and so on is the rest of the world is unparalleled. China has a large-scale exploration, mining team and the corresponding technical equipment, can make a difference in this piece of land in Africa.
So far, China has carried out geological drilling in 13 African countries. In recent years, the Geological and Mining Bureau under the Ministry of Land and Resources has carried out mineral search activities in a dozen countries, including Namibia, Ghana and Mali, and gold mining in Ghana has already taken off. In addition, C?te d'Ivoire, the Democratic Republic of the Congo (DRC) and South Africa are the focus of our cooperation in mining.
2, business home appliances
For many years Philips, Electrolux, Panasonic, Sony and other European and Japanese production of home appliances in Africa market share is very high. However, in recent years, home appliances from China, South Korea, Southeast Asia and other countries and regions are rapidly entering the African market with its price, quality and service advantages, European and Japanese products monopolize the market situation.
Since China's domestic home appliances overcapacity, home appliances a large number of backlogs, many producers compete to suppress prices, to compete for the market at a slight profit or loss. Affected by years of price wars, China's color TVs, video players, microwave ovens and other home appliances are priced at tantalizingly low levels.
3, engineering contracting
Africa's contracting market has a greater potential, mainly focused on the construction of transportation, power and communication facilities, industrial projects are gradually increasing. Projects in African countries are mostly financed by international financial institutions.
China's foreign contracting enterprises in the price advantage is gradually disappearing. The cruelty of the risk of market competition is also forcing our foreign contracting enterprises to think of new tricks, try new methods, and constantly summarize the experience and seek new ways to open up the market.
4, leather processing
In recent years, with the sustained development of the economy and living standards continue to improve, more and more Ugandans began to pay attention to dress and grooming, leather shoes, leather bags, belts and other leather products need to rise year by year. According to estimates, if 85% of Ugandans buy three pairs of shoes every two years, the annual demand for shoes will reach 19.8 million pairs, of which the demand for leather shoes is close to 8 million pairs.
China's powerful enterprises use domestic advanced technology, equipment and local leather resources to carry out leather processing and leather products production. The processed leather can be counter-sold domestically, can also be exported to the traditional market of U; leather products can meet the needs of the local market, but also to the neighboring countries of U and other African countries for export.
5, cotton mill project
The textile industry is one of the four economic pillars of Mauritius, its textile exports enjoy tariff-free and other preferential treatment. However, in the U.S. Congress is about to pass the "Africa Act," which provides that only with raw materials such as cotton yarn and blank fabrics produced in Africa processed apparel can enter the U.S. market tariff-free, quota-free.
China-Africa Trade Research Center analysis, China's production and processing enterprises and most of the industry's overcapacity, can seize the new opportunities of Africa's economic development history, and proactively open up the African market. In addition to the above projects, home appliance processing and assembly, rice development projects, textile printing and dyeing projects also have considerable potential.