China-africa Economic And Trade Cooperation And Development Research

China and Africa are both the cradles of human civilization. The friendly contacts between two peoples with a long history have growing connection after coming through long historical baptism. When both countries degenerated into semi-colony and colony one after another, the two peoples was closely linked with the common misery. With the birth of new China and the political independences of a series of African countries, the Sino-African relationship comes into a new era. Although the international situation and the bilateral national condition have unceasingly changed since new China was born, both sides which are in accordance with the similar historical destiny and the common realistic development duty always share hardships, the unity, and cooperation and unceasingly push the Sino-African relationship to the new stage. Especially with establishment of the Sino-African Cooperation Forum, Sino-African economic and trade cooperation enters a new period. In recent years, the Sino-African trade presents the high speed growth, in the first half year of 2007, the volume of Sino-African trade has achieved 32.05 billion US dollars, the same ratio grows 25%, Chinese exports to Africa is 16.416 billion US dollars while the imports from Africa is 15.635 billion US dollars, separately compared to the same time of last year to grow 49% and 7%. Chinese mechanics and electronics, textiles and high-tech products greatly meet the African people's needs while the African products including energy, raw material as well as industry finished product also starts massively to enter the Chinese market.This article bases on the development of Sino-African economic and trade relationship, describes its three stages: the beginning and the preliminary development phase from 1949 new China's birth to the 70's reform and open policy, steady development to fast growth since the 80's to the 90's, rapid development after establishment of the Sino-African Cooperation Forum. Then, it analyses the new characteristics in recent Sino-African economic and trade cooperation, including that the bilateral trade grows rapidly, the structure unceasingly optimizes, the economic cooperation category further expands, the Sino-African trade has gradually developed from the general trade to mutual union way of diversified economies cooperation such as foreign investment, the contract project, the foreign aid, etc and the bilateral cooperation mechanism and the policy has been further strengthened. The second part separately analyzes the complement and necessity in economy and politics from each view of both. Then, on the base of this, it forecasts the future prospects for development in the different industries of agricultural cooperation and the agricultural product trade, the energy and mineral resource development, mechanical and electronic cooperation, the infrastructure, medicine and so on. At the same time, it also points out some problems, for example, the economical and political risk in Africa, the unbalance of the Sino-African trade, commodity quality and the brand image, repeated trade friction and benefit equilibrium between China and developed countries. Finally, it profits from strategy experience of US to the African countries and puts forward some related policy proposals for the government and the enterprises. Macro-policy suggestions include that government should develop regional economic cooperation, strengthen communication and reinforce the guidance and the encouragement for enterprises to develop the African markets, while the suggestions for Chinese enterprises investment in the African states include how to choose the country, the industry and the investment mode, making efforts to standardize marketing order, improving enterprises' own qualities and fostering a good and healthy company image and so on. As the bilateral economic and trade relationship unceasingly strengthens, the Sino-African economic and trade cooperation will step a new stair.