Remarks by Charge d'Affairs of the Chinese Embassy in Kenya Dr. Jiang Peng at the opening session of the Seminar on China-Africa Three Networks Cooperation

Dear Prof. Lemma Senbet,

Distinguished guests,

Ladies and Gentlemen,

Good morning!

It is my great pleasure to attend today's seminar. First of all, please allow me to extend, on behalf of H.E. Ambassador Liu Xianfa and the Chinese Embassy, my warmest welcome to all of you, especially those who came from afar. My thanks also go to Prof. Lemma Senbet and his AERC team for the preparation. I wish the seminar a full success.

There is a long history of friendly exchanges between China and Africa. Since 1950s when the People's Republic of China and Africa started the formal diplomatic ties, both China and Africa have enjoyed remarkable development.

Thanks to the leadership of the Communist Party of China and efforts by the Chinese people, China now becomes the second biggest economy, the biggest trading country with largest foreign reserve and the third biggest investing country in the world. Last year, our GDP first ever broke through 10 trillion US Dollars. In the meanwhile, we are encouraged by the new achievements of African countries in their endeavor to seek peace and prosperity. With an average annual growth rate of over 5%, Africa now ranks among the fastest growing regions in the world, indeed the latest pole in global economic growth.

Ladies and Gentlemen,

The cooperation between China and Africa is the mutually beneficial cooperation among developing countries and the mutual assistance among friends. China prioritizes the development demands of Africa and commits itself to Africa's endeavor of breaking the development bottleneck of underdeveloped infrastructure. So far, the efforts have made a big difference. By June 2015, over 3800 kilometers of railways and 4334 kilometers of roads have been either built or under construction in Africa with Chinese financing.

Taking Kenya as an example, the construction of Mombasa-Nairobi Standard Gauge Railway and many other roads and highways, the launching of the direct flight to Nairobi by China Southern Airlines and expansion of Jomo Kenyatta International Airport are all symbolized as the early harvests of the implementation of the consensus reached by Chinese and African state leaders on the building of Three Major Networks in Africa. The main topic and purpose of today's seminar is also to look back at the practice of China-Africa infrastructure cooperation, collect our wisdom, and make plans for the future.

Ladies and Gentlemen,

This year marks the 15th anniversary of the founding of the Forum on China-Africa Cooperation (FOCAC). Since the inception of FOCAC 15 years ago, China and Africa have had fruitful cooperation across the board. Political mutual trust has grown significantly, while our practical cooperation has progressed in leaps and bounds. In 2014, trade between China and Africa exceeded US$220 billion and China's investment stock in Africa surpassed US$30 billion, an increase of 22 and 60 times respectively over the figures in 2000 when FOCAC was established. Moreover, the share of China-Africa trade in Africa's total foreign trade has increased from 3.82% to 20.5%.

The Summit of FOCAC will be held on 4-5 December in South Africa, the first of its kind to be held on African continent, will have great and far-reaching significance for boosting comprehensive transformation and upgrading of China-Africa relations. China and Africa will seize this rare historical opportunity and step up mutually beneficial cooperation in the five prioritized areas of industrialization, agricultural modernization, health, people-to-people exchanges and peace and security.

As one of the preparatory activities for the Summit, we are gathered here today to discuss and study the China-Africa cooperation on infrastructure and industrialization, one of the prioritized cooperative areas between the two sides. I sincerely hope all the participants may fully express your views on the topics of the seminar, offer some insights for the incoming Summit and contribute your share to the future of China-Africa cooperation. Once again, I wish the seminar a full success.

Thank you!

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