Burgeoning China-Africa Trade Enables African Coffee Beans To Arrive In China Faster – CoffeeTalk

Five years ago, African coffee beans could take at least three months to be transported to China due to the implementation of trade facilitation measures by China. Africa is one of the world’s most important coffee bean producing regions, and its unique natural environment and high altitudes make it highly favored in the market. However, due to the long distance between China and Africa, the import of African coffee beans used to require intermediaries, leading to long procurement cycles, unaffordable prices, and unstable quality of coffee beans.

In 2018, the 2018 Summit of the Forum on China-Africa Cooperation announced eight major initiatives by China in close collaboration with African countries, including trade facilitation actions and expanding imports of African goods. The China-Africa Economic and Trade Expo (CAETE) in Hunan and the establishment of the China (Hunan) Pilot Free Trade Zone were approved, aiming to explore new pathways and mechanisms for China-Africa economic and trade cooperation.

Compared to five years ago, African coffee beans have easier access to the Chinese market, saving transportation time and reducing communication costs. With the help of government platforms, Jing has met many reliable partners for business cooperation, ensuring the quality of his African coffee beans.

China-Africa trade has reached new heights this year, with China’s total imports from and exports to Africa in the first seven months amounting to 1.19 trillion yuan ($170 billion), setting a new high for the same period historically. China has implemented measures and policies to boost its trade with Africa, including opening a green channel for African agricultural products and building platforms for bilateral trade between the two sides.

Read More @ People’s Daily Online