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China-Africa trade has achieved a historic milestone, with the volume reaching a record high, according to the Ministry of Commerce. China has maintained its position as Africa’s largest trading partner for fifteen consecutive years. In 2023, the bilateral trade volume between China and Africa reached $282 billion, marking a year-on-year growth of 1.5 percent. The officials emphasized the achievements of the pilot zone for the in-depth China-Africa Economic and Trade Cooperation Program in Hunan Province, calling for continued efforts to leverage the region’s industrial strengths and establish an experimental field for local cooperation with Africa.
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