African Markets For Chinese Manufacturers Increase the Opportunities

African officials, businessmen and experts, Africa’s rich resources, vast market and increasingly improved investment environment and the Chinese government introduced the policy in recent years to facilitate Chinese Investment in Africa, will attract more and more Chinese SMEs in Africa investment and achieve win-win development. At present, China’s small and medium enterprises investing in Africa gradually became boom.

Experts pointed out that China’s current investment in small and medium enterprises in Africa still lack a clear investment strategy, financial support and security system, imperfect, increased competition and other issues must be tackled.

More and more Chinese SMEs will “to Africa”

This year, the China-Africa trade to resume growth in the first half reached 61.2 billion U.S. dollars, up 65% year over 100 billion U.S. dollars is expected to again.

In recent years, Sino-African economic cooperation and trade to flourish. From 2000 to 2008, average annual growth of China-Africa trade, 33.6%, in 2008 the first time exceeded 100 billion U.S. dollars; in 2009, China has become Africa’s largest trading partner.

China-Africa economic and trade cooperation are highly complementary, Africa is a large population and great potential for development of the continent; China has a vast market, abundant development experience, as well as African countries needed capital and technology.

At present, Chinese enterprises actively to invest in Africa, more than 1,600 investment companies, investment projects across 49 African countries, including agriculture, mining, manufacturing, infrastructure, trade and circulation areas. In recent years, China-Africa economic and trade cooperation kept expanding, in addition to trade, infrastructure construction and other traditional industries, the two sides in agriculture, finance, tourism, transport, new energy, health, education and other fields have achieved satisfactory results.

African Heavy Industry Investment Co., Ltd. is a China First Tractor Group and the Africa Development Fund co-financing joint venture, launched, dedicated to investment in many African countries, the establishment of agricultural machinery and construction machinery assembly Marketing Center.

Africa’s low level of agricultural mechanization in most countries, poor infrastructure, leading to slow economic growth. In recent years, more and more African countries to strengthen the infrastructure of agriculture and the concerns of agricultural machinery and engineering machinery, growing demand for Chinese manufacturers to enter the African market opportunities.

At present, the Central African Heavy Industry Investment Co., Ltd. in South Africa, C