A Partnership for Development and Shared Future

The upcoming Forum on China-Africa Cooperation (FOCAC) Summit, scheduled for September 4-6 in Beijing, will focus on the theme "Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future." In anticipation of this event, the Global Times has launched a series of stories exploring the multifaceted relationship between China and Africa.

One such story features an interview with Endalkachew Sime, a PhD student at Peking University and former state minister of planning and development in Ethiopia. Sime draws parallels between his studies in China and China's cooperation with Africa, emphasizing the focus on long-term development and capacity building. He highlights Ethiopia's position as a key partner in the China-Africa strategic partnership, with China being its largest trading partner and a major source of foreign direct investment.

Sime sees immense potential for further collaboration, particularly in areas like infrastructure, power, and trade. He specifically mentions the potential for value-added manufacturing, where Ethiopia can leverage its resources to produce finished goods for export.

Having witnessed China's remarkable development firsthand, Sime emphasizes the importance of consistent planning and strong leadership in achieving sustainable progress. He believes Ethiopia's initial success in following a similar model demonstrates the value of learning from China's experience.

Sime also praises the Belt and Road Initiative (BRI) for its flexible financing options that cater to Africa's specific needs and development challenges. He contrasts this with other financing options that often come with stricter conditions.

In response to concerns about China's engagement with Africa, Sime emphasizes the mutually beneficial nature of the partnership. He stresses that African countries choose their partners based on careful consideration and prioritize their own interests and development goals.

Through these stories, the Global Times aims to showcase the depth and breadth of China-Africa cooperation, highlighting its potential to contribute to a brighter future for both continents.