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Driver for development
2020-07-06 18:10:00

GGP | GLOBAL GOVERNANCE

Policy Brief No. 202013

June 30, 2020

(本文已发表于China Daily | June 29, 2020)

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Series on #Global Health Governance# No. 8

Driver for development

Shen Chen

Today there are around 700 million people suffering from extreme poverty in the world, of whom more than a half are in Sub-Saharan Africa. Against this backdrop the Belt and Road Initiative proposed by Chinese President Xi Jinping has seen proactive support and participation of African countries. According to a survey from Afrobarometer, a non-partisan, pan-African research institution conducting public attitude surveys on democracy, governance, the economy and society, in 2016, about two-thirds of Africans viewed China's influence as being "somewhat positive" or "very positive". As of June 2020, a total of 43 African countries had signed cooperation agreements under the framework of the Belt and Road Initiative.
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In addition, China's investment has also gone to industries including real estate, banking, finance, insurance, logistics and retail. Since the implementation of the initiative, China's contribution to Africa's GDP growth has exceeded 5 percent every year. Many Chinese merchants and technicians have settled in Africa and become key forces for driving the sustainable development of the African economy and China-Africa trade as well as technology transfer to Africa in many fields.
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