China for non-trade from resource to consumer development

Chinese vice President xi jinping recently visited southern African three kingdoms period, energy agreement remains China and African cooperative points, but continuous development of china-africa trade relations are rapidly beyond traditional energy and infrastructure field.
Xi jinping ended this week to South Africa, Angola, Botswana visits, during a visit to China and the three countries signed build power stations, solar panels factory and increase the South Africa exports and so on a series of agreement.
China and Africa in natural resources in the field of trade outside in similar high-level visits, though less visible, but it is becoming more and more important. China's production of consumer goods are significant expansion African markets, more and more Chinese enterprises in Africa also seek manufacturing opportunity.
Johannesburg consulting company CEO of Frontier Advisory Martyn Davies said: "we are here to see the future of a key trend, namely have hundreds of thousands of Chinese small entrepreneurs from the procurement products, then in Africa grassroots market to sell consumers here."
"In a relatively high-end and more formal retailing field... maybe they three-quarters of non-food procurement is from China," he said.
China Africa as its oil and mineral resource demand, but the main sources of supply of hair accessories to auto ranging from all kinds of Chinese products, it is a big and good prospect of African market.
Tsinghua university public administration prexy XueLan said: "on sino-african economic complementarity between many."
African infrastructure improvements to the output of mineral and oil, but input consumer goods, such as China production of textiles, clothing and shoes.
South Africa standard bank (SBKJ J: prices) China Bond principals Craig, said China in Africa's first goal is obviously securing natural resources, but relatively long term another goal.
"The second goal is to focus on the future, will the African market in China in the transformation of a large consumer market," he said.

Author:Maya Decoration Factory
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main product:hair accessories