China's top political advisor says cooperation with Africa eyes win-win results

China's top political advisor Yu Zhengsheng said Sunday that in conducting cooperation with Africa, China seeks win-win results and common development.

Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks during a meeting with representatives of Chinese enterprises operating in Ghana.

After being briefed on the growing profile of Chinese businesses in the African country, Yu said that after years of hardwork, many Chinese enterprises, both state-owned and private ones, have made substantial achievements regarding their operations in Africa.

He saw great development potential in the African continent during his Africa tour, which also took him to Gabon and Cote d'Ivoire, Yu said.

"We sincerely hope that Africa will achieve its development ambitions, since there will be more opportunities for China-Africa cooperation," said Yu.

Regarding the latest developments in global market, and the changes in the African economic arena, the Chinese enterprises operating here should make adjustments in their business structure, Yu suggested, adding that they could move up in the industry value chain and focus on capacity cooperation instead of on trade of goods.

Representatives taking part in the meeting came from various industries including finance, telecommunication, aviation, steel and fishery.

Source:WAM