www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Opinion / Web Comments

Ethiopia's foot-steps forward

By Lauren Johnston (chinadaily.com.cn) Updated: 2014-01-24 14:50

A new manufacturing hub near Addis Ababa may offer clues to how Africa can achieve economic success.

Overseas investment by Chinese companies is growing at a steady rate, particularly in Africa, including, in Ethiopia.

Apart from the opportunities and rewards that Chinese companies have reaped in Ethiopia, it is the close nature of the engagements that may offer useful lessons for other economies and elsewhere in emerging economic world.

In this case, I refer to the nascent Chinese shoe-manufacturing hub 37 kilometers northwest of the capital, Addis Ababa. The nascent success and challenges faced by this venture may provide lessons for the way forward for future Chinese engagements in Africa and in the continent's long-term development.

Huajian Group, one of the largest shoe exporters in China, led the development of the shoe-making hub. The Chinese company opened its first factory in Ethiopia in 2012 and, with the support of the China-Africa Development Fund, plans to invest more than $2 billion in a light China-Ethiopia manufacturing special economic zone.

Given the country's advanced leather sector but high unemployment and limited manufacturing options, the investment is welcome.

The shoe-manufacturing hub is, also an evolving example of how China seeks to replicate its economic experiences in Africa.

China successfully integrated foreign direct investment during its economic renaissance by setting up several industrial zones. Select locations in China's coastal regions with potential as ports and trading centers were identified, so that they would catch the eye of foreign investors. The government also made the investment process even more attractive with low taxes, simplified customs procedures and free import licenses.

Additional sweeteners such as abundant labor and advanced infrastructure made the investment option irresistible. These zones attracted investors from developed economies. The investments helped to improve physical and human capital through the transfer of advanced technologies and boosted export-driven foreign exchange earnings. The rest is manufacturing history.

Though the Chinese-led industrial zones in Africa are seeking to replicate this success story, it is not an easy task. African nations, for example, are not emerging from a period of economic self-sufficiency, but from decades of poverty and conflict.

Previous Page 1 2 Next Page

Most Viewed Today's Top News
...
主站蜘蛛池模板: 九九精品视频一区二区三区 | 欧美三级香港三级日本三级 | 国产三级精品美女三级 | 日本亚洲欧美高清专区vr专区 | 日本乱人伦毛片 | 99re5久久在热线播放 | 亚洲欧美小视频 | 亚洲欧美精品中字久久99 | 成年人网站免费观看 | 国产只有精品 | 中文字幕av一区二区三区 | 一级国产精品一级国产精品片 | 免费看a毛片 | 欧美精品不卡 | 最爽的乱淫片免费 | 97精品国产手机 | 中国成人免费视频 | 国产欧美专区在线观看 | 欧美日韩高清不卡一区二区三区 | 亚洲伊人色 | 亚洲精品中文字幕一区 | 牛人国产偷窥女洗浴在线观看 | 国产欧美精品一区二区三区四区 | 欧美一级xxx | 中文字幕在线看片成人 | 欧美日韩高清不卡一区二区三区 | 精品成人免费一区二区在线播放 | 伊人久久大香线焦综合四虎 | 久久久久久久久毛片精品 | 亚洲视频中文字幕在线观看 | www国产91| 欧美另类 videos黑人极品 | 久草精品视频 | 日韩不卡一级毛片免费 | 国产盗摄一区二区三区 | 久久精品国产国产精品四凭 | 老司机午夜精品网站在线观看 | 色综合久久久高清综合久久久 | 99热久久精品免费精品 | 大伊香蕉精品视频在线 | 欧美一级毛片免费观看视频 |