The second China-Africa Economic and Trade Expo (CAETE) will take place from September 26th to 29th, 2021 in Changsha City in the central Chinese province of Hunan. Around 120 deals in trade, investment, project contracts and strategic collaboration worth $ 23.9 billion are expected to be signed during the expo.
HOST: It is a biennial event organized by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Hunan Province.
STORY: CAETE was proposed by Chinese President Xi Jinping at the 2018 Beijing Summit of the Sino-African Cooperation Forum. It is a platform for both sides to deepen economic and trade cooperation. The first expo took place in June 2019 with 84 cooperation agreements signed for a value of 20.8 billion US dollars. The agreements covered trade, investment, infrastructure, agriculture, manufacturing, aviation, tourism and the establishment of cities of friendship.
TOPIC: “New start, new opportunities, new successes.” Six African countries, including Algeria, Ethiopia, Kenya, Rwanda, South Africa and Senegal, are the guests of honor at this year’s fair. Information about their investment environment, trade policy, key products and tourism are highlighted.
EVENT LOCATIONS: The Changsha International Convention and Exhibition Center houses the main exhibition area with goods, specialties from China and African countries as well as milestones in Sino-African cooperation.
The innovation demonstration park to promote Sino-African economic and trade cooperation (Hunan Gaoqiao Grand Market) houses a parallel exhibition. The park is Hunan’s pilot zone for bilateral cooperation and a permanent exhibition platform.
Visitors can find African products, brands and five special display cases: the Coffee Exhibition Area; Nut exhibition area; Cocoa exhibition area; Exhibition area for agricultural and sideline products and exhibition area for exports to Africa.
WHAT ELSE YOU CAN EXPECT: 22 events will be held, including forums and business brokerage activities. For those who cannot come to Hunan in person, there are “Cloud Conferences” with live webcasts; 2D or 3D “cloud exhibitions” and “cloud transactions” that allow visitors to make purchases through e-commerce. Merchandise worth 85 million yuan ($ 13.1 million) for export and around 100 kinds of African products for import are now available on Kilimall and KiliSelect, two e-commerce platforms. Around 386 projects are expected to be booked via the Expo platform.