During the Forum on China-Africa Cooperation in Beijing, President Xi Jinping announced a significant financial pledge to support African countries. The Chinese leader promised to provide 360 billion Yuan (€45 billion) in new financing over the next three years, along with the creation of one million jobs and 30 renewable energy projects on the continent.
This pledge comes at a crucial time as African nations continue to grapple with economic challenges exacerbated by the Covid-19 pandemic. The injection of funds and support for sustainable energy projects will undoubtedly help boost economic development and create much-needed employment opportunities in the region.
In addition to the financial pledge, President Xi Jinping’s commitment signifies a deepening partnership between China and Africa. The Forum on China-Africa Cooperation serves as a platform for bilateral cooperation and mutual development, underlining China’s ongoing investment in the continent’s growth and prosperity.
Meanwhile, the SEMICON trade show in Taiwan provides insights into the global semiconductor industry, shedding light on the challenges and opportunities faced by chip-making sectors worldwide. As technology continues to drive innovation and economic growth, events like SEMICON play a crucial role in shaping the future of high-tech industries.
Overall, President Xi Jinping’s financial pledge and the SEMICON trade show highlight the growing importance of international cooperation and innovation in driving economic development and sustainability on a global scale.
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Video “Xi Jinping makes fresh financial pledge to African continent • FRANCE 24 English” was uploaded on 09/05/2024 to Youtube Channel FRANCE 24 English