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Recalling their productive meetings in Beijing and Johannesburg this year, Xi told Putin that the close high-level contacts between China and Russia have demonstrated the height and uniqueness of the bilateral relationship and showed that the two countries give top priority to the ties on their diplomatic agendas respectively.
These Belt and Road construction projects have gone through sound feasibility studies and strict loan reviews, with binding requirements on the proportion of property investment to total investment, asset-liability ratio and capital return, said Ning.
Since reform and opening up in the late 1970s, private businesses have assumed a bigger role in driving growth. The sector now contributes more than 60 percent of China's GDP growth and provides over 80 percent of jobs.
"I think this relationship is going to be win-win. We already export a lot of raw materials to China ... and I think now we can increase our exports of manufactured goods," said Fernandez.
The initiative offers development opportunities for Africa, in addition to experiences to learn from, especially for countries like Tanzania that are pursuing industrialization, Honest Prosper Ngowi, an economics professor at the Mzumbe University, Tanzania, said.
来源：资阳报