在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / World Watch

Country has key role in Africa's industrial growth

By Dennis Munene | China Daily Global | Updated: 2023-05-12 09:01
Share
Share - WeChat

For decades, Africa's industrial development — either as a concept or in practice — has featured in all bilateral and multilateral engagements at regional, continental and global levels. A latecomer in transforming its resources-based economy to one that is driven by technology and innovation, Africa's industrialization process has begun to expand to meet the needs of its growing population.

The African Development Bank estimates that the continent — endowed with vast natural resources such as rare earth minerals, and marine and agricultural products — is sitting on more than $82 trillion of discovered natural resources, with the potential to contribute $30 billion a year in government revenues over the next 20 years.

However, with all the wealth from natural resources, Africa remains underdeveloped. The extractive industries that existed during and after the colonial period plundered Africa's resources at the expense of its fragile economy. Weak and unstable governance structures in the 1990s continued to exacerbate the underdevelopment of the continent. Exporting of raw materials without any form of value added became the norm in Africa.

Meanwhile, developing countries in Asia and other continents were shifting their industries from light to heavy. This policy shift lifted these regions' economies out of the doldrums and created an enabling environment for sustainable industrial growth that has become the driving force in their continuous industrialization process.

Industrial development in Africa is still attainable. This can be achieved by fully implementing two action strategies already in motion.

The first is the strategy for the continent. In 2008, during a summit themed "the industrialization of Africa", African leaders endorsed and adopted the plan of action for the accelerated industrial development for Africa. The strategy contained seven actionable programs, including the promotion of infrastructure and energy for industrial development; upgrading production and trade capacities; industrial innovation systems; R&D and technology development, and human resource development for industry.

The second is the partnership strategy. In 2021, during the 8th Ministerial Conference of the Forum on China-Africa Cooperation in Dakar, Senegal, China promised to undertake 10 industrialization and employment promotion assistance projects for Africa through industrial partnership and production capacity cooperation.

China's success story has led many African states to pursue similar industrialization strategies. Its resource-intensive growth model — boosted by its strong dual economy — has made China a pillar revered as the "world's factory", which supports the global resources supply chain, while creating jobs and eliminating poverty and underdevelopment.

Tried and tested, the partnership strategy is a game changer for Africa's reemerging industrial process. From 2000, the China-Africa relationship has boosted Africa's industrial development through the FOCAC and Belt and Road frameworks. China has helped the continent build nearly 100,000 kilometers of highways, about 10,000 km of railways, about 1,000 bridges and approximately 100 ports and large-scale power facilities. These infrastructural developments have begun to spur industrial growth in the continent.

Indeed, with the continental and partnership strategies in motion, Africa's industrial development is no longer a pipe dream. In the post-COVID-19 era, African regional economic communities and governments are breaking down trade barriers, improving financial structures, and investing public resources in much-needed infrastructure projects in the manufacturing, transport and energy sectors.

However, despite having vast natural resources, Africa's industrial development still suffers from uneven energy structures. Furthermore, in coping with global climate change, African countries face dual challenges: modernization in its infancy and the low-carbon transition.

To mitigate these, African countries need the continuous support of experienced countries such as China to provide alternative options to solve the problem of energy shortages and realize a sustainable industrialization path that is environmentally friendly and suits their own characteristics and purposes.

The process of industrialization remains at the center of Africa's growth, driving its economic future and capacity to eradicate poverty, improve people's living standards and achieve inclusive and sustainable development.

China is committed to seeing inclusive growth in Africa and assisting the continent to become the world's third-largest economy by 2063. This is achievable through the implementation of the FOCAC industrial partnership and cooperation, as well as the accelerated industrial development for Africa.

The author is the Executive Director of the China-Africa Center at the Africa Policy Institute.

The views do not necessarily reflect those of China Daily.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美大片在线看免费观看 | 久久成人国产精品 | 国产一区二区三区久久久 | 三级色黄 | 正在播放国产一区二区 | 成人午夜毛片 | 毛片网站在线观看 | 国产视频福利一区 | 欧美国产一区二区在线观看 | 欧美一区二区三区精品免费 | 一区二区三区免费视频网站 | 欧美一级免费看 | 一区二区三区回区在观看免费视频 | 日本综合视频 | 免费视频一二三区 | 亚洲黄色av网站 | 欧美一区二区三区爽大粗免费 | 亚洲三区在线观看 | 亚洲色图一区二区三区 | 欧美区在线 | 久久久久久久久久穴 | 超碰人人99| 国产最新精品视频 | 亚洲呦呦 | 久久99精品久久久久久青青日本 | 欧美精品99 | www.久久 | 国产成人精品久久二区二区 | 久久99国产精品久久99大师 | 亚洲精品乱码久久久久久蜜桃不卡 | 激情久久久 | 天天爽天天草 | 青草av在线 | 亚洲精品久久久一区二区三区 | 一区二区三区在线观看免费 | 久久精品国产一区二区电影 | 91文字幕巨乱亚洲香蕉 | 999久久久免费精品国产 | 中文在线亚洲 | 一区二区三区四区日韩 | 成人在线不卡 |