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China's financing support to Africa is mainly invested in infrastructure construction and productivity. Chinese companies have built a large number of infrastructure projects such as highways, railways, ports, airports and communications facilities in Africa, which have greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development, according to Geng.
China's foreign trade has emerged from the woes of the COVID-19 pandemic in recent months thanks to government policies to stabilize the sector.
China's largest SUV and pickup manufacturer showcases models at auto expo in Delhi
China's investment market is witnessing its "coldest winter" with total funds raised falling by 10 percent on a yearly basis to 1.08 trillion yuan (3 billion) during the first 11 months of this year, with some industry experts opining that the drought is not as bad as predicted.
China's internet giants that forayed into online finance are now joining hands with banks, their perceived competitors, to succeed together in the booming financial technology or fintech sector.