BEIJING, July 26, 2023 /PRNewswire/ -- The third China-Africa Economic and Trade Expo was held in Changsha from June 29 to July 2, bringing together 53 African countries, 12 international organizations and more than 1,500 exhibitors, promoting the development of economic and trade cooperation between China and Africa. SANY Group ("SANY") exhibited 14 flagship products, including those from the concrete machinery, highway and port categories at the Expo.
At the Expo, Xiang Wenbo, rotating president of SANY, delivered a speech as the only Chinese business representative. He highlighted the long history of friendship between China and Africa and the highly complementary economic patterns of the two regions, which brings enormous potential for cooperation.
China-Africa relations are currently at their strongest point in history, as the multi-level and comprehensive cooperation framework has gradually taken shape. According to China's Ministry of Commerce, China has remained Africa's largest trading partner for 14 consecutive years. In 2021, Sino-African trade reached a record of 254.289 million dollars, 35.3% more than the previous year. Infrastructure collaboration between the two sides remains strong, with Chinese companies investing in the construction of thousands of bridges and hundreds of ports across the continent.
In cooperation with China, Africa has expanded its backbone network to 150,000 kilometers and its network service to nearly 700 million users, accelerating its industrialization and modernization. In terms of social development, China has trained more than 160,000 African professionals in various fields by inviting African students to study in China. In addition, China has also shared its agricultural solutions with Africa, promoting the overall sustainable rural transformation of African countries.
At the same time, Africa's enormous economic potential offers a huge market for China. In 2002, SANY exported its graders to Morocco as the first group of construction machinery manufacturers to enter the African market. Since then, SANY's products have covered more than 50 countries and regions in Africa and have been involved in many major construction projects, including the Adama Wind Power Project. In recent times, 102 of SANY's wind turbines have become part of the Ethiopian landscape, continuously transmitting clean energy to Addis Ababa, the country's capital.
The wind power industry plays a crucial role in promoting energy transformation and ensuring energy security under China's "double carbon" goal. SANY is dedicated to becoming a world leader in providing clean energy equipment and services and is committed to developing broader and deeper cooperation with African countries to create a green and sustainable society.
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