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In his remarks on the occasion, Kuang Weilin, Chinese Mission Head to AU, said the cooperation between China and AU has made great strides in different aspects.

"Last but not least, the two sides will continue the cultural exchanges to get more public support to our friendship," he said.

The ambassador referred to the recent shutdown of business operations in Zimbabwe's Marange diamond fields where two of the Chinese-Zimbabwean joint ventures were operating. The two, along with four other joint ventures involving investors from South Africa, United Arab Emirates, Russia, and etc, had been ordered by Zimbabwean Mines and Mining Development Minister Walter Chidhakwa to join a consolidated diamond mining firm or pack and leave in three months' time.

The VAT taxes only the value added at each link in the production chain. It is in line with international practices and more efficient as it avoids the double taxation of the BT regime, which is based on the gross revenue of a business, including the cost of input.

Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), was visiting the African nation at the invitation of its Parliament Speaker Guillaume Soro.