According to statistics from Nanjing Customs, from January to July this year, Jiangsu's imports and exports to Africa amounted to 111.34 billion yuan, a year-on-year increase of 27.5%, and the scale of trade with Africa reached a historical high for the same period.
From January to July, Jiangsu's trade volume with Africa reached a historic high during the same period
Infrastructure construction is the cornerstone of development, and Jiangsu construction machinery enterprises have strengthened their empowerment by participating in major projects such as roads, ports, and airports in Africa, effectively improving the level of infrastructure and connectivity in Africa. Kunshan Sany Heavy Machinery Co., Ltd. has developed a series of excavator products for natural environments such as high temperature and humidity in Africa. The company has optimized key indicators such as the flexibility of the machine's large and small arms, excavation force, and track grip, further improving work efficiency and maneuverability. It is highly favored by the African market. From January to August, nearly 2000 excavators were exported, with sales doubling and a total amount of 1.4 billion yuan.
Chen Jiayuan, Senior Vice President of Sany Group and Chairman of Sany Heavy Machinery, said, "We not only sell products, but also provide local production, manufacturing, service outlets, and research and development. Based on the overall characteristics of the African market, mining conditions are relatively harsh, including remote mines, and we are addressing service and spare parts issues. At the same time, we are training local drivers, including improving the skills of local personnel
More and more engineering machinery, home appliances, new energy vehicles and other products are entering the African market, demonstrating the competitiveness of "Made in Jiangsu". From January to July, Jiangsu exported 51.15 billion yuan worth of mechanical and electrical products to Africa, an increase of 27.7%, accounting for 62.4% of Jiangsu's total export value to Africa.
In terms of imports, with the strong promotion of measures such as opening up a "green channel" for agricultural products and tariff reductions, Africa's exports to Jiangsu have grown rapidly. From January to July, Jiangsu's imports of unprocessed copper and copper materials, metal ores and mineral sands, wood and its products from Africa were 12.94 billion yuan, 7.28 billion yuan, and 2.03 billion yuan, respectively, an increase of 101.8%, 51%, and 18.4%, accounting for 75.8% of Jiangsu's total imports from Africa. During the same period, the import of agricultural products was 1.79 billion yuan, an increase of 38.2%.
Zhang Xin, Deputy Director of the Statistics and Analysis Department of Nanjing Customs, said, "The trade between Jiangsu and Africa has shown some structural complementary characteristics. Relying on the strong foundation of Jiangsu's manufacturing industry, our exports of electric vehicles to Africa have doubled, reaching a historical high. This reflects our contribution to the green and intelligent development of Africa. The main imports from Africa are primary products, and we share the development opportunities brought by the Chinese market with African countries
In addition, in response to the initiative of jointly building the "the Belt and Road", Jiangsu enterprises are frequently "going global", which not only promotes local employment, but also promotes the transformation and development of "Made in Africa". The Ethiopian Oriental Industrial Park, constructed by Jiangsu Yongyuan Investment Co., Ltd. located in Zhangjiagang, is the first industrial park built and operated in the country, gathering 145 enterprises and employing about 22000 local employees. As of July this year, Jiangsu has invested in 543 projects in Africa with an agreed investment amount of 5.96 billion US dollars.
