. Energy News .




AFRICA NEWS
China an inspiration for S.Africa, Zuma tells Xi
by Staff Writers
Pretoria (AFP) March 26, 2013


South Africa President Jacob Zuma on Tuesday hailed China's economic success as an inspiration for Africa's biggest economy, but urged more equitable trade ties, after meeting his counterpart Xi Jinping.

"We view China's success as a source of hope and inspiration as we engage with the task of finding our own solutions for bringing about a better future," Zuma said after talks with Xi.

"The rise of China therefore has lessons for us all as we seek to emulate your example."

Xi, who is making a three-nation stop on the continent, said China valued the relationships it has established with trading partners and will work to preserve them.

"We each see the other side as priority... and see the other side as an opportunity for our own development," he said.

"We are committed to strengthening our political trust, intensify economical cooperation, expand people to people exchanges and elevate the level of our cooperation to the benefit of people in both countries."

China, the world's second-largest economy, is South Africa's biggest trading partner and a "significant investor", Zuma said.

Total trade between China and South Africa totalled 201 billion rand ($21.7 billion) last year, he said, citing figures from South Africa's revenue agency.

Exports from South Africa to China stood at 89 billion rand, while imports from China to South Africa totalled 112 billion rand.

A "more equitable balance of trade" was now being sought, Zuma said.

The two countries signed a array of agreements on trade and investment, education, infrastructural development and coastal management.

The leaders were headed for Durban to meet their counterparts at the summit of the BRICS grouping of Brazil, Russia, India, China and South Africa which opens later Tuesday.

Xi expressed hope the talks between the five major emerging economies "will generate positive results and help elevate the cooperation between BRICS countries and African countries to a higher level."

From South Africa, Xi will travel to the Republic of Congo on the next leg of his first presidential foreign trip which began in Russia.

Xi's tour is being seen as a sign that China's drive for deeper economic ties with Africa will continue during his term.

.


Related Links
Africa News - Resources, Health, Food






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





AFRICA NEWS
South Sudan rebel ambush kills 20 soldiers: official
Juba (AFP) March 22, 2013
At least 20 soldiers were killed and many were injured in an ambush in South Sudan, as the new nation's army hunted rebels in the troubled eastern state of Jonglei, a local official said Friday. The attack happened Thursday as South Sudan's army headed for rebel leader David Yau Yau's hideout around Akelo, roughly 35 miles (55 kilometres) from Pibor, Pibor Commissioner Joshua Konyi told AFP. ... read more


AFRICA NEWS
CSTARS Awarded Funding Over Three Years By Office of Naval Research

Google Maps adds view from Mt. Everest

Significant reduction in temperature and vegetation seasonality over northern latitudes

GOCE: the first seismometer in orbit

AFRICA NEWS
Galileo fixes Europe's position in history

China city searching for 'modern Marco Polo'

Milestone for European navigation system

China targeting navigation system's global coverage by 2020

AFRICA NEWS
Middle ground between unlogged forest and intensively managed lands

Hunting for meat impacts on rainforest

Disney invests in Peru to prevent deforestation

Logging debris gives newly planted Douglas-fir forests a leg-up

AFRICA NEWS
Peach genome offers insights into breeding strategies for biofuels crops

Microalgae could be a profitable source of biodiesel

Researchers building stronger, greener concrete with biofuel byproducts

Biobatteries catch breath

AFRICA NEWS
Arnall Golden Gregory Assists With Two Cutting-Edge Solar Energy Projects

Trina Solar Announces Slimline Module Frames

Nanowire solar cells raise efficiency limit

ToyLabs launches the first solar motorcar powered by a flexible polycrystalline silicon solar cell

AFRICA NEWS
France publishes 1GW offshore wind tenders

Davey lauds, warns Scotland on renewables

Uruguay deal boosts S. America wind power

Huge wind farm turbine snaps in Japan

AFRICA NEWS
China mine accident kills 21: state media

AFRICA NEWS
Two Tibetans set selves alight in China: reports

'Richest' China village sends off chief in high style

Fake bureaucrat takes China authorities for ride

China's new president calls for 'great renaissance'




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement