中文版
New progress had been made in Economic & Trade Cooperation between Tangshan City and African Countries
Release time:2024-09-13 10:01:58

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According to Tangshan Municipal Bureau of Commerce, new progress has been made in economic and trade cooperation between the city and African countries in recent years.

In terms of foreign trade, the scale of Tangshan's trade with Africa continues to expand. In the first half of 2024, the city's imports and exports volume to Africa amounted to 6.855 billion yuan, a year-on-year increase of 14.44%, accounting for 8.9% of the city's total foreign trade volume.

In terms of foreign investment, Tangshan City currently has 4 foreign-funded enterprises and 3 joint ventures in Africa, which are engaged in wholesale of metal ore, integrated retail of logistics equipment, manufacturing of metal furniture, wholesale business and other fields.

In terms of foreign trade, a total of 24 enterprises investing in Africa have been accumulated and registered in Tangshan City currently, with Chinese investment abroad of 510 million US dollars. Taking the Sino-Uganda Mbale Industrial Park which are invested and operated by private enterprise Tianda Logistics as an example, it has attracted over 50 enterprises to settle in and provided more than 5,000 jobs for the local people.