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China-Africa cooperation: 18 bln USD worth of deals signed

Companies from China and Africa have signed more than 40 deals worth over 18 billion US dollars. The agreements were inked at the China-Africa Business Cooperation seminar on Thursday in Beijing. More than 400 participants discussed topics on cooperation between China and Africa in industrial capacity, trade, and investment. A Chinese official said the deals are closely related with Africa’s industrialization and are significant to the continent’s economic development.

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