China-Africa enterprises forum opens in Shanghai

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Source: CCTV.com | 05-15-2007 08:46

Mandla Gantsho, the CE and MD of the Development Bank of Southern Africa.

A China-Africa enterprises forum is underway in China's financial hub of Shanghai. The objective is to streamline cooperation between companies from both sides and to discuss how best to support their business.

The China-Africa enterprises forum is a prelude to the annual meeting of the annual meeting of the African Development Bank Group. That gathering will get underway here in Shanghai on Wednesday.

Booming trade and investment between China and Africa has generated great enthusiasm over the forum. Last year, bilateral trade volume reached 55 billion US dollars. And many expect this figure to double - before 2010.