Chinese officials recently touted record-high trade with Africa last year and US$1.9 billion in new Chinese investment since last fall. With the 4th China-Africa Economic and Trade Expo set to open next month, Beijing is continuing its strategic push for cooperation encompassing trade, industrial collaboration and emerging sectors.

The recent Beijing Summit and Ninth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) concluded with new pledges for financing, infrastructure development, and trade. These commitments underscore China's continued strategic focus on its relationship with Africa.

This week, Chinese President Xi Jinping held meetings with African counterparts on the sidelines of the ninth Forum on China-Africa Cooperation Summit (FOCAC). It was expected that these African leaders would seek more market access to China as well as more investment and technology transfer from China, and several deals

Last week, during the Angolan President's state visit in China, the two nations renewed their commitments in trade, investment, and cooperation under the BRI.

Today, top officials of the Chinese and Angolan governments signed an Investment Agreement in Beijing.

At last week's China-Africa Leaders' Roundtable Dialogue, leaders on both sides discussed future collaboration with the goal of regional integration in Africa. Chinese President Xi Jinping put forward measures to support the industrialization and agricultural development of Africa.

Chinese President Xi Jinping had a state visit to South Africa this week. After a meeting between the leaders of the two countries, the two sides signed multiple agreements on energy, investment, and trade. China agreed to donate energy power equipment and provide a grant of approximately US$27 million