{"id":3584,"date":"2023-06-29T15:34:31","date_gmt":"2023-06-29T15:34:31","guid":{"rendered":"https:\/\/gbc1.net\/?p=3584"},"modified":"2025-03-19T20:30:15","modified_gmt":"2025-03-19T16:30:15","slug":"caete-promotes-high-quality-cooperation-between-china-and-africa","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/","title":{"rendered":"3rd CAETE 2024 Promotes High-Quality Cooperation Between China and Africa"},"content":{"rendered":"\n<p>On Thursday 29 June 2023, the 3rd China-Africa Economic and Trade Expo (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/caete2024\/\">#CAETE2024<\/a>) officially opened in Changsha, the capital city of Hunan province in China. The Expo is organized by the Government of Hunan with the support of the Ministry of Commerce of China. <\/p>\n\n\n\n<p>The theme of this 3rd edition is &#8220;Common Development for a Shared Future.&#8221; The <a href=\"https:\/\/gbc1.net\/index.php\/tag\/caete\/\">#CAETE<\/a> takes place biennially: the 1st edition was held in 2019 and the 2nd in 2021.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"396ace\" data-has-transparency=\"false\" style=\"--dominant-color: #396ace;\" decoding=\"async\" loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Han-Zheng-at-CAETE-w-jpg.webp\" alt=\"\" class=\"not-transparent wp-image-3655\" srcset=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Han-Zheng-at-CAETE-w-jpg.webp 600w, https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Han-Zheng-at-CAETE-w-300x200.webp 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Chinese VP HAN Zheng Delivers Opening Remarks at CAETE 2023<\/figcaption><\/figure><\/div>\n\n\n<p>For this edition, eight African countries were earmarked as special guests, namely, Benin, DR Congo, Madagascar, Malawi, Morocco, Mozambique, Nigeria and Zambia. On the Chinese side, the two provinces of Shandong and Hubei took the lead to strengthen ties with Africa.<\/p>\n\n\n\n<p>In 2022, the trade volume between Africa and China reached USD 282 billion. Taken as a single bloc, the African Union (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/au\/\">#AU<\/a>) ranks as the 4th largest trading partner of China.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"d4e1ec\" data-has-transparency=\"true\" style=\"--dominant-color: #d4e1ec;\" decoding=\"async\" loading=\"lazy\" width=\"319\" height=\"195\" src=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/2022-Top-Trading-Partners-of-China-1.png\" alt=\"\" class=\"has-transparency wp-image-3605\" srcset=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/2022-Top-Trading-Partners-of-China-1.png 319w, https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/2022-Top-Trading-Partners-of-China-1-300x183.png 300w\" sizes=\"(max-width: 319px) 100vw, 319px\" \/><figcaption class=\"wp-element-caption\">Top Trading Partners of China in 2022<\/figcaption><\/figure><\/div>\n\n\n<p>In addition to exhibition stands dedicated to each African country, the organizing committee has set up an exhibition area to showcase the outcomes of the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/focac\/\">#FOCAC<\/a> and <a href=\"https:\/\/gbc1.net\/index.php\/tag\/bri\/\">#BRI<\/a> in Africa. As a noteworthy addition this year, several cross-cutting thematic conferences, business forums as well as a variety of specialized seminars are on the program.<\/p>\n\n\n\n<p>Some of the thematic events include:<\/p>\n\n\n\n<ul>\n<li>Infrastructure Development<\/li>\n\n\n\n<li><a href=\"https:\/\/gbc1.net\/index.php\/tag\/foodsecurity\/\">#FoodSecurity<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/gbc1.net\/index.php\/tag\/womenempowerment\/\">#WomenEmpowerment<\/a><\/li>\n\n\n\n<li>Traditional Chinese Medicine (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/tcm\/\">#TCM<\/a>)<\/li>\n\n\n\n<li>Sanitary and PhytoSanitary (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/sps\/\">#SPS<\/a>) Aspects of China-Africa Trade<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"695f61\" data-has-transparency=\"false\" style=\"--dominant-color: #695f61;\" decoding=\"async\" loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Kenya-at-CAETE-w-jpg.webp\" alt=\"\" class=\"not-transparent wp-image-3657\" srcset=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Kenya-at-CAETE-w-jpg.webp 600w, https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Kenya-at-CAETE-w-300x200.webp 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure><\/div>\n\n\n<p>The 3rd edition saw an increase in the exhibition area to 10,000 square meters, adding some 3,000 square meters compared to the 2nd edition. Nearly 1,500 organizations, including national, provincial and local governments, regional and international bodies, and large enterprises to <a href=\"https:\/\/gbc1.net\/index.php\/tag\/sme\/\">#SME<\/a>, booked stands at <a href=\"https:\/\/gbc1.net\/index.php\/tag\/caete\/\">#CAETE<\/a>.<\/p>\n\n\n\n<p>Not only exhibitors are on the rise, but the number of visitors is expected to set a new record. During the first two days, the expo is only open to invited guests and professionals. Some 8,000 buyers and business people are expected during this initial period. Then, from 1 to 2 July, the Expo is open to the general public and total participation is expected to exceed 100,000 visits.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"d6e2ec\" data-has-transparency=\"true\" style=\"--dominant-color: #d6e2ec;\" decoding=\"async\" loading=\"lazy\" width=\"367\" height=\"219\" src=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Global-GDP-Rank-2022.png\" alt=\"\" class=\"has-transparency wp-image-3614\" srcset=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Global-GDP-Rank-2022.png 367w, https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/Global-GDP-Rank-2022-300x179.png 300w\" sizes=\"(max-width: 367px) 100vw, 367px\" \/><figcaption class=\"wp-element-caption\">Global GDP Rank in 2022<\/figcaption><\/figure><\/div>\n\n\n<p>If Africa were treated as a single country, its combined GDP of USD 3.1 trillion in 2022 would place it at the 6th position globally. Moreover, many of the fastest growing economies in the world are located in Africa. As Africa continues on a sustained growth trajectory over the next few decades, it could well end up among the top three largest economies in the world by 2050. <\/p>\n\n\n\n<p>During his keynote address, Chinese VP Han Zheng highlighted that the destinies of China and Africa are closely intertwined. He acclaimed the Sino-African relation as developing steadily and healthily over the past few decades. In the future, both sides will focus more on high-quality development to enhance mutual benefits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday 29 June 2023, the 3rd China-Africa Economic and Trade Expo (#CAETE2024) officially opened in Changsha, the capital city<\/p>\n","protected":false},"author":1,"featured_media":3637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[249],"tags":[51,29,135,825,68,54,23,244,243,109],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3rd CAETE 2024 Promotes High-Quality Cooperation Between China and Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3rd CAETE 2024 Promotes High-Quality Cooperation Between China and Africa\" \/>\n<meta property=\"og:description\" content=\"On Thursday 29 June 2023, the 3rd China-Africa Economic and Trade Expo (#CAETE2024) officially opened in Changsha, the capital city\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Business Council (GBC)\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-29T15:34:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-19T16:30:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gbc1.net\/wp-content\/uploads\/2023\/06\/HQ-Dev-w-jpg.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"gbc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gbc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/\"},\"author\":{\"name\":\"gbc\",\"@id\":\"https:\/\/gbc1.net\/#\/schema\/person\/cab6d6e84e5294af65e6aa76c5752fad\"},\"headline\":\"3rd CAETE 2024 Promotes High-Quality Cooperation Between China and Africa\",\"datePublished\":\"2023-06-29T15:34:31+00:00\",\"dateModified\":\"2025-03-19T16:30:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/gbc1.net\/index.php\/2023\/06\/29\/caete-promotes-high-quality-cooperation-between-china-and-africa\/\"},\"wordCount\":466,\"publisher\":{\"@id\":\"https:\/\/gbc1.net\/#organization\"},\"keywords\":[\"AU\",\"BRI\",\"CAETE\",\"CAETE2024\",\"FOCAC\",\"FoodSecurity\",\"SME\",\"SPS\",\"TCM\",\"WomenEmpowerment\"],\"articleSection\":[\"Trade &amp; 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