Economic relations between China and Cote d’Ivoire are set to deepen, as t
he latter became the first African country to co-host the 13th China International Small and Medium En
上海品茶微信女神会所terprises Fair that takes place in Guangzhou, capital of Guangdong province, from Oct 10 to 27.
Azoumana Moutaye, head of the country’s Ministry of National Entrepreneurshi
p, Handicrafts and Promotion of SMEs, said China and Cote d’Ivoire jointly organizing the interna
tional event indicated that bilateral relations between the two countries has reached a new peak.上海品茶微信
Cote d’Ivoire, with a population of around 23 million, has become one of Africa’s most resurgent economies in recent ye
ars. Its economy will be the second-fastest growing in the world this year, as predicted by the International Monetary Fund.上海品茶微信女神会所
About 60 Ivorian enterprises led by Moutaye have participated in the exhibition, showcasing
and promoting their products in such industries as agriculture, communication, energy, construction and logistics.
Promoting SME globalization on the world stage上海品茶微信女神会所
Another foreign co-host is India. Following Russia, it is the second BRICS country that is involved in organizing the fair.
Indian Minister of Micro, Small and Medium Enterprises Kalraj Mishra hoped the fair would be上海品茶微信
tter promote the cooperation between Chinese and Indian SMEs and help them achieve more substantial results.
上海品茶微信女神会所Small and medium-sized companies play a big role in India’s economic development, as 95 percent of the country’s companies are SMEs.
During the fair, textiles, machinery and equipment, hardware and electrical appliances and other goods from 124 Indian firms will be displayed.
icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent
by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical
care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
By hiking the tariffs on $200 billion of Chinese goods from 10 percent t
o 25 percent just when it seemed the China-US trade talks would achieve a bre
akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.