Africa-China Trade Fair Delivers $11.39 Billion in Deals

An African exhibitor interacts with Chinese visitors during the 4th China-Africa Economic and Trade Expo in Changsha, Hunan during the weekend. (Photo by stringer / cnsphoto / Imaginechina via AFP)

The fourth annual China-Africa Economic and Trade Expo (CAETE) concluded on Sunday with deals signed for 176 new projects, worth a total of $11.39 billion. The number of deals jumped by 45.8%, while the total value increased by 10.6% since the previous fair in 2023.

Around 200,000 people visited the main exhibition hall in Changsha, Hunan province. The province has been positioned as a logistics and trade hub focused on African agriculture, a key space for Africa-China trade promotion under the Forum on China-Africa Cooperation (FOCAC).

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by CGSP Staff

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