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SA, China cooperation can bring mutual benefit for the future

Cooperation between China and South Africa can be a source of development and mutual benefit between both countries.

This is according to President Cyril Ramaphosa through his weekly newsletter released ahead of Chinese President Xi Jinping’s Official State Visit to South Africa on Tuesday.

Diplomatic relations between South Africa and the Asian powerhouse span some 25 years with cooperation in several sectors including trade and investment, energy and tourism.

“We are encouraged by China’s ongoing commitment to supporting African countries to meet the aspirations contained in the African Union’s Agenda 2063, and to the success of the African Continental Free Trade Area.

“As we mark this significant milestone in South Africa-China relations, our country stands ready to work closely with the government and people of China towards a shared future of meaningful and mutual benefit,” he said.

The President highlighted that China’s development plan for its people, particularly in tackling poverty, has borne significant fruit – a feat that South Africa can learn from.

“South Africa has a great deal to learn from China’s development path. Among other achievements, China has lifted nearly 800 million people out of poverty over a 40 year period. According to World Bank data, through this China has contributed close to three quarters of the global reduction in the number of people living in extreme poverty.

Source: SA News

 

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