(2 minutes read)
· China is keen to expand the sale of African agricultural products across its e-commerce platforms
· This was stated by Wu Peng, Director General of Chinese Department of African Affairs at a launch ceremony of African Products
· This online trade with Africa would help Africans to sell more agricultural products to China, thereby filling the trade gap
China is keen to expand the sale of African agricultural products across its e-commerce platforms. This was stated by Wu Peng, Director General of Chinese Department of African Affairs at a launch ceremony of African Products. He also remarked that China has never wanted to have a trade surplus with Africa. This online trade with Africa would help Africans to sell more agricultural products to China, thereby filling the trade gap.
China will encourage e-commerce through live streaming platforms that offer agricultural products from the continent. The new initiative will coincide with the new China – Africa Cooperation forum meeting to be held in Senegal at the end of 2021.
The bilateral trade between China and Africa reached US$139.1 billion in the first seven months of the year. Of this, imports from Africa were US$59.3 billion.
