三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Economy

Africa to become world's manufacturing hub through China cooperation

(Xinhua) Updated: 2015-06-16 11:33

JOHANNESBURG - The chief of the African Development Bank (AfDB) Donald Kaberuka says time has come for Africa to become the world's manufacturing hub and this can be done through industrial cooperation with China as the Asian giant phrases out labor-intensive industries.

"The global manufacturing cycle started from Europe then to America, before moving to South East Asia and China. It is now coming to Africa," Kaberuka told Xinhua Monday on the sidelines of the African Union (AU) summit held in Johannesburg, South Africa.

Kaberuka, who is to retire from the helm of the AfDB this August after serving two consecutive five-year terms, quoted a Chinese metaphor "building the nest to attract birds" to urge the African countries to put in place proper infrastructure and enabling policies to facilitate the transfer of manufacturing industries from China.

"This is the time for Africa to build the nest, the birds are waiting to come and breed," he said.

He said low labor costs and an integrated, larger market through the creation of the Tripartite Free Trade Area (TFTA) would help Africa attract foreign investment to the manufacturing sector.

However, the regional bank chief stressed the need for the continent to put in place an enabling environment for investors to come in, such as adequate power and transport infrastructure.

He said Africa needed to address factors undermining its foreign investment attraction capacity such as the high cost of doing business mainly due to insufficient energy supplies and a weak regulatory environment.

The continent also needed to address the capacity of its maritime ports to ensure fast clearance of goods, he said.

"Sometimes boats bringing materials have to wait for a week or two weeks before discharging cargo. So old infrastructure is a limiting factor but of these, energy is the biggest limiting factor," he said.

China built up its export-oriented economy based on proliferation of low-cost, labor-intensive factories over the past three decades. But this edge of low-cost is being eroded by the gradual rise of workers' income and benefits as the economy continues to develop. Over-capacity at home in sectors like steel, cement, textile, and solar panel manufacture pushed Chinese companies to seek better business opportunities abroad.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久久久久一级毛片免费野外 | 毛片网站在线观看 | 我们不能是朋友未删减版在线看 | 国产美女无遮挡免费视频 | 国产美女网站 | 国产亚洲精品高清在线 | 亚洲精品日韩中文字幕久久久 | 国产黄网在线观看 | 国产精品你懂的在线播放 | 国产伦精品一区二区免费 | 亚洲综合影院 | 亚洲 欧美 日韩 在线 | 好叼操这里只有精品 | 欧美r级限制禁片在线观看 欧美va在线高清 | 1024免费视频 | 亚洲乱亚洲乱妇无码 | 国产精品免费久久久免费 | 欧美黄色片在线播放 | 亚洲精品中文字幕乱码 | 福利综合网 | 久久久久国产一级毛片高清板 | 欧洲无线区一二区 | 国产精品免费综合一区视频 | 99久久精品国产交换 | 九九这里只有精品视频 | 热99re久久精品天堂vr | 国产成人亚洲合集青青草原精品 | 中文字幕欧美成人免费 | 国产大尺度福利视频在线 | 国产老头老太性视频 | 视频一区二区在线播放 | 久久久久久亚洲精品不卡 | 国产成人精品免费视 | 国产精品一二区 | 久久久国产精品免费视频 | 亚洲欧洲无码一区二区三区 | 亚洲欧美成人在线 | 美国一级大毛片 | 国产一级做a爱片久久毛片a | 911国产在线观看精品 | 成人黄色三级 |