Bilateral trade bucks the trend of global slowdown

The forum on China-Africa Cooperation has helped promote economic and trade relations between China and the continent since it first started in 2000. That's the word from Chinese Vice Commerce Minister Qian Keming in Beijing on Thursday.

China's trade volume with Africa has not decreased this year despite a tight global trade environment.

Qian Keming, vice minister of commerce, made the remarks at a news conference.

Qian said even though trade sustained downward pressure, there was still plenty of demand for Chinese products in the African market.

From January to September this year, the value of citrus fruit imported from Egypt, wine from South Africa, coffee from Kenya and sisal hemp from Tanzania rose around 309 percent, 84 percent, 30 percent and 22 percent year on year. In addition, the value of exports from China to Africa also went up 5.8 percent year on year to 80.9 billion U.S. dollars.

"We are still confident in China-Africa trade. Africa has the second largest population in the world, with an annual population growth of roughly 2.65 percent. So it has a strong demographic dividend and large consumption demand." said Qian Keming, Chinese vice commerce minister.

Qian added that China's technological, fund and capacity advantages will complement Africa's resources, which will offer stronger drive for bilateral trade.

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