Gilbert Hongbo, Assistant Secretary-General of the United Nations, said: "(China enterprises can) invest in a wide range of fields in Africa. First, there are many opportunities in the textile industry. (China enterprises) can invest in local production. Then I believe that in the pharmaceutical industry, there are many opportunities to produce drugs locally and to mine and process mineral resources. "
Gilbert Hongbo said that the biggest business opportunities in Africa are mainly concentrated in eight areas, including trade, energy development, infrastructure construction, agriculture and agricultural products processing (10.55, 0.38, 3.74%), textile manufacturing, medical and health fields, communication and electronic IT industries and tourism. For example, in the field of trade, according to the statistics of the Ministry of Commerce, the trade volume between China and Africa has increased from US$ 654.38+0 billion five years ago to US$ 40 billion, which is expected to reach US$ 50 billion this year and US$ 654.38+0 billion by 2065.438+00. There is huge room for development.
In terms of infrastructure construction and project contracting, by the end of 2005, China had signed a total of $30 billion in project contracting contracts in Africa. In the next five years, the expenditure on African construction industry will increase by 20 billion US dollars, reaching about 654.38 billion US dollars by 2065.438+00.
Investing in textile mills in Africa is not only cheap, but also products can be directly exported to European and American markets without any quota restrictions. The average price of rice in Africa is more than 2 dollars per kilogram, while the average price of tomatoes is about 6 dollars, which is a huge agricultural opportunity.
Gilbert Hongbo said that African countries generally have high expectations for China's investment. Compared with ordinary trade, they hope that China investors will bring capital, technology and equipment to carry out mutually beneficial cooperation with their local counterparts.
Gilbert Hongbo, Assistant Secretary-General of the United Nations, said: "I think we need to shift from pure trade to trade and direct investment. I also believe that the African continent has given many positive policy measures to investors in China to directly produce products and provide services there. "
There is a convenient policy for investing in African loans.
When China enterprises do business in Africa, they can not only enjoy the policies introduced by African countries to attract and encourage foreign investment, including simplifying investment approval procedures, setting up export processing zones, and reducing or exempting taxes. And can also get preferential loans from China government and Central African commercial banks.
Chu Shuntang, director of the Comprehensive Liaison Department of the China-Africa Civil Chamber of Commerce, said: "We just signed a contract with China National Development Bank yesterday. As long as the project is feasible, we will fully support anyone who is willing to invest in Africa. In addition, we are now discussing the details of providing loans to Africa with Standard Chartered Bank and The Export-Import Bank of China. "
In addition to applying for loans to invest in African projects from unofficial organizations such as the China-Africa Civil Chamber of Commerce, China enterprises can also obtain loans to invest in Africa through official channels. The newly established china-africa development fund is one of them. The total amount of the fund is US$ 5 billion, which is mainly used to encourage and support China enterprises to invest in Africa. The application procedure is under discussion and will be introduced soon.
Secondly, it is a government fund set up by the Ministry of Commerce and the Ministry of Finance to support small and medium-sized enterprises to explore the international market. Supporting contents include overseas exhibitions, various certifications, market promotion, emerging market development, enterprise training, overseas bidding, etc. All kinds of enterprises with the right to operate import and export, and the export volume of the previous year according to customs statistics was below150,000 US dollars, can declare to the local provincial commerce authorities.
In addition, the reporter learned that African commercial banks are also very willing to provide funds for China enterprises investing in Africa. For example, the production line invested by Changchun Motorcycle Factory in Cameroon was founded by a local enterprise in Cameroon and the First Bank of Africa Limited. The motorcycles produced not only sell well in Cameroon, but also are exported to other African countries.
News link: African countries have different business opportunities.
Africa is the poorest continent in the world at present and a place with great development potential. The overall economic development in Africa is very uneven, and the business opportunities of China enterprises in various African countries are also very different.
At present, there are three economic clusters on the African continent. Southern Africa, with South Africa as the center, has benefited from the rapid development of western key investments and preferential trade treatment. These countries welcome China's mechanical and electrical products, textiles, household appliances and other products.
Egypt, Tunisia and other North African countries have gained many economic development opportunities due to the EU's southward policy.
In these countries, the demand for service products such as finance and telecommunications is increasing rapidly. According to the World Bank's estimation, in the next five years, Africa will spend more than $3.2 billion annually on wireless communication infrastructure, most of which will be concentrated in North Africa and Southern Africa.
In addition, West Africa, with Nigeria and Gabon as the core, has also developed with the strong support of petrodollars. In this regard, large-scale agricultural cooperative development projects are welcomed. At present, some enterprises in China have invested in the construction of hybrid rice experimental bases in Guinea, Gabon and Ghana, and the products are not only supplied to the local market, but also sold back to China.
Network view: Opportunities only belong to those who are prepared.
When we invest in developed countries, we may be more humble and respect other people's laws and cultures. When we invest in Africa, some people may lose this humility. For example, African countries such as Nigeria strictly restrict the import of textiles, televisions and other products. Some enterprises ignored these regulations and illegally imported through various flexible means, resulting in the seizure of products. Some entrepreneurs who invest in Africa have summed up three experiences of entering Africa: first, carefully select projects and conduct business visits before investing. Second, we should be familiar with the local situation, especially the legal and banking situation. Third, be honest and not opportunistic. There are huge cultural differences between China and Africa. If we copy the experience of doing business in China, it will be difficult to succeed.