The Chinese ambassador to Ghana, Tong Defa, says that China’s trade volume with Ghana has peaked at $6 billion in the first half of this year.
Speaking at the 75th Anniversary of the founding of the People’s Republic of China in Accra, the ambassador said that the figure represented an increase of 13.3 per cent as against the 2023 bilateral trade volume between China and Ghana, which exceeded by $11 billion and increased by 10.4 per cent year on year (YoY).
He disclosed that China’s trade volume with Africa increased from $10.5 billion in 2000 to $282.1 billion in 2023.
The ambassador also said that China’s stock of investment in Africa had grown from less than $500 million in 2000 to over $40 billion presently and that developing solidarity and cooperation with African countries was always an important cornerstone of China’s foreign policy.
Speaking on the recently held 2024 Forum on China-Africa Cooperation Summit (FOCAC) held in Beijing, the ambassador assured that he was ready to do his best to implement the outcomes of the summit in order to deepen bilateral practical cooperation across board for the benefit of the people of China and Ghana.
On the anniversary, he said that China had all along been deeply integrated with the wider world and that under its guidance of the people-centred development philosophy, China had lifted nearly 100 million people out of poverty, nurtured the world’s largest middle-income group totalling over 400 million people and set up the world’s largest education system and social security system.
Local media reports said that the event featured Chinese culture, cuisines and documentary and that Ghana’s President Nana Addo Dankwa Akufo Addo, some ministers of state, members of the diplomatic corps and the Chinese community in Ghana were in attendance.
GIK/APA