China's intermediate goods trade with Africa increased 6.4% YoY in Jan-July 2024, reaching 1.19 trillion yuan.

China's trade in intermediate goods with Africa grew by 6.4% year-on-year in Jan-July 2024, contributing significantly to Africa's industrialization efforts. Bilateral trade reached 1.19 trillion yuan, with China exporting 697.93 billion yuan and importing 490.89 billion yuan. The 2024 FOCAC Summit aims to deepen economic and trade cooperation between the two sides, with the theme "Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future".

August 13, 2024
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