「ZouZhibo」Sidebyside(3)

China and Africa complement each other with their respective advantages, and thus their cooperation has huge potential and promising prospects.
China"s first-mover advantage in industrialization could help Africa meet its pressing needs for development, and Africa"s vast market and rapidly growing economy also benefit China. On the one hand, after more than four decades of reform and opening-up, China has made remarkable progress in economic development and has built strength in infrastructure, manufacturing, new energy and the digital economy, all areas where Africa urgently needs to develop. On the other hand, the fast growing population of Africa is creating a vast market, which can help China boost its development.
China and Africa can carry out win-win cooperation. China"s advantages in new energy development, such as wind, solar and hydro power, can help meet the demand of Africa for clean energy. Africa"s weak manufacturing base hinders the improvement of people"s livelihoods and industrial development. The continent is plagued by severe power shortage, which hobbles its economic development. China"s industrial prowess and Africa"s rapid economic growth are complementary to each other.