Africa Has Broad Prospects For Industrialization And Is Expected To Become The World'S Factory.

The driving force of the current round of African economic growth not only stems from the prosperity of the resource industry, but also takes place in a wider range of industries, including telecommunications, pportation, finance, entertainment, catering and real estate, and has become the main driving force for Africa's economic growth. P

However, Africa's service industry has not created enough employment. Africa's "growth and development" phenomenon is still outstanding.

Therefore, in the critical period of economic pformation in Africa, the development of manufacturing industry as the core industry to create employment and support the modernization process has become a strategic choice for most African countries.

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< p > as we all know, the economic structure of African countries is single, which is the core issue that restricts the current economic growth in Africa.

Although the independence of African countries has been exploring the road of economic diversification for decades, it has achieved little effect due to internal and external constraints.

In the near future, although the development of Africa's service industry has sprung up, especially the improvement of infrastructure, it will help improve the investment environment in Africa, and lay a good foundation for its industrialization. However, it is not enough to fundamentally change the "non production" structure of African countries, such as "no consumption of production", "a href=" //www.sjfzxm.com/news/index_c.asp "consumption > /a", and some African countries even have a tendency to solidify and deepen the deformed economic structure.

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In the more than 50 countries, due to their different national conditions, especially the differences in resource endowments, colonial history, population and geographical distribution, there has been an imbalance of development in the process of promoting industrialization in the P countries.

Under such circumstances, it is not surprising that some African countries rely on services or use some special resources to promote economic modernization through leaping development.

But for most African countries, it is still necessary to follow the rule of traditional industrialization to achieve economic development.

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< p > a href= "//www.sjfzxm.com/news/index_c.asp" > China < /a > has been committed to helping Africa's economic development and will unreservedly support Africa's industrialization in the future.

Africa's sustained economic growth is inextricably linked to China's support, which has become an international consensus.

Through studying the track of economic growth in China and Africa since 1990s, the author finds that there is a positive correlation between China and Africa.

The development of China's and African countries' a href= "//www.sjfzxm.com/news/index_c.asp" > Economic and trade cooperation < /a > has become an important force to promote world economic growth; Africa has improved its terms of trade through Sino African trade, has restrained inflation and raised the purchasing power of the people.

China's investment in automobile assembly, home appliance manufacturing, leather processing and other fields has increased local employment and taxes, and extended the value chain of "made in Africa".

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In the economic pformation, China needs to pfer some of its surplus industrial capacity to foreign countries to promote the balance of international payments. < p >

In the economic take-off stage, the African countries have the conditions to undertake large-scale industrial pfer.

African countries are generally eager to develop industries, improve infrastructure and expand exports.

Recently, countries such as Nigeria and Ethiopia have proposed the goal of making them into "manufacturing centers" and "world factories" in the next few years.

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< p > the Chinese government understands and will fully support the development needs of Africa.

In the latest Sino African Cooperation Framework of "461", China's industrial cooperation project is specifically aimed at supporting Africa's industrialization.

I believe that with the passage of time, China Africa industrial cooperation will achieve effective docking. China will continue to make new contributions to Africa's development.

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