For all the time of cooperation until the end of 2010, Chinese government and the companies have invested a total of $ 40 billion in various projects in 50 African countries and regions.

The funds were directed to more than 2000 enterprises.

China has become Africa’s main trading partner.

These data were presented at a symposium on investment cooperation between China and Africa, which has become an important part of the 15th China International Trade and Investment Fair.

Direct investments had totaled $ 13.04 billion of the total Chinese investments in sub-Saharan continent by the end of last year.

Only for 2010 the figure had been $ 2.11 billion. This is by 46.8% more than in 2009.

Africa ranked fourth among the largest Chinese investment overseas destinations.

In some African countries, including Zambia, Nigeria, Ethiopia, Chinese businessmen have established six specific areas of trade and economic cooperation.

By the end of 2010, up to $ 328 million had been invested in infrastructure construction in these zones.

Agreements on the cooperation with 137 companies were signed, and real investment is estimated at $ 1.084 billion.

At the same time, cooperation in these areas has already been successful.

Thus, the total sales of enterprises in the zones amounted to approximately $ 3.5 billion, and the amount of tax revenues of local governments reached $ 119 million.

In addition, up to 10 000 new jobs were created.

According to the Ministry of Commerce of China, by the end of 2009, Chinese investment in the mining industry of African countries will be 29% of total world investments.

In 2007, the volume of oil imports from Africa to China amounted to 12.5% of the total African oil exports.

Add that a high level symposium on investment cooperation between China and Africa was held in Xiamen on September 8, 2011.

It was organized by the Ministry of Commerce of China and the United Nations Industrial Development Organization (UNIDO).

The organizers of structures for Investment Promotion of the more than 30 African countries took part in the symposium.