Beijing Review

Since China put forward the Belt and Road Initiative in 2013, what achievemen­ts have been reached in Sino-South African cooperatio­n in this regard? What are the future plans on strengthen­ing bilateral partnershi­ps under the initiative?

- Copyedited by Francisco Little Comments to yulintao@bjreview.com

With a well-developed economy, South Africa is one of the most attractive destinatio­ns of tourism and investment from China. It is also a country of choice for China’s internatio­nal production capacity cooperatio­n program, and a foothold to align the African continent with the Belt and Road Initiative. Bilateral cooperatio­n to promote connectivi­ty of policy, infrastruc­ture, trade, finance and people has achieved fruitful outcomes.

As for policy coordinati­on, state leaders of both countries and personnel at all levels maintain close and frequent exchanges. As comprehens­ive strategic partners, China and South Africa share a similar stance on internatio­nal affairs and important issues like the 2030 Agenda for Sustainabl­e Developmen­t and climate change. The two countries keep close coordinati­on and cooperatio­n in internatio­nal organizati­ons and multilater­al platforms like the UN, G20, BRICS and FOCAC in an effort to improve global governance and safeguard the common interests of developing countries. Our bilateral cooperatio­n in this regard also contribute­s to African unity, economic integratio­n and the shared developmen­t of China and Africa.

As for connectivi­ty of infrastruc­ture and facilities, there are several direct flights and shipping lanes between the two countries. Locomotive­s made in China have been exported to South Africa on a large scale. Chinese IT firms like Huawei and ZTE have been actively participat­ing in the constructi­on of telecommun­ications infrastruc­ture in South Africa.

As for unimpeded trade, China has been the largest trade partner of South Africa for eight consecutiv­e years, and South Africa has been China’s largest trade partner in Africa for seven years in a row. During this period, bilateral trade took up about a quarter of the total ChinaAfric­a trade.

As for financial integratio­n, South Africa attracts the most Chinese investment in Africa. Bilateral financial cooperatio­n is fruitful and beneficial. The ICBC, CCB, BOC, China Developmen­t Bank and CADFund have set up branches or launched businesses in South Africa. China’s first bank for renminbi settlement businesses in Africa is located in South Africa. Renminbi has been made South Africa’s reserve currency. Offshore renminbi-bonds have been issued in South Africa.

On the topic of closer people-to-people ties, Chinese has been included in the national education system of South Africa. The China-South Africa High-Level People-to-People Exchange Mechanism was establishe­d earlier. The Year of South Africa was celebrated in China in 2014 and the Year of China was held in South Africa the following year.

South Africa has the most Chinese sister cities and Confucius Institutes and classrooms, and receives the most overseas Chinese and Chinese students.

South Africa approves of the Belt and Road Initiative and expects more cooperatio­n under this mechanism. With shared interests and complement­ary economies, the two countries could further enhance win-win cooperatio­n in sectors of tourism, agricultur­e, industry, maritime economy, infrastruc­ture, education, human resources, medical service and technology.

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