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Defining 'out of poverty'

Dell has large-scale investments in Brazil, India, China and South Africa and this "reflects the important position BRICS countries hold in the global economy," Huang Chenhong, Dell's global senior vice president and president of Dell Greater China, told Xinhua in a recent written interview.

Despite contracting global trade, economic recession and serious disruptions to travel, two-way trade between China and ASEAN went up in the first three quarters of this year, and Chinese investment to ASEAN countries has increased 70 percent year-on-year. The association has become China's largest trading partner, according to Li.

Despite strong economic headwinds from the COVID-19 pandemic, China managed to reverse a GDP downturn, continued to host foreign trade-related events and made public many important policies to assist the entry of foreign buyers and investors in the vast market, home to 1.4 billion people.

Deng Li, assistant minister of foreign affairs, said that young people are essential to China-Africa relations. He also called upon the youth from China and African countries to work jointly in developing the FOCAC and forging deeper cooperation.