China-Africa Cooperation Promotes Green Trade Initiatives
China-Africa Cooperation Promotes Green Trade Initiatives
China-Africa Cooperation Promotes Green Trade Initiatives
News summary

Green trade, which focuses on environmentally sustainable practices in international trade, is highlighted as crucial for countries like India to meet sustainable development goals. Experts emphasize the need for India to define green trade metrics to measure its impact adequately. Meanwhile, a China-Africa dialogue has underscored the potential for collaboration between China and Africa to advance low-carbon economies, as Africa currently receives minimal investment in renewable energy. The upcoming Forum on China-Africa Cooperation (FOCAC) aims to strengthen this partnership and promote modernization through green development initiatives. Additionally, Chinese companies like Tianneng Power are innovating in green technologies, boosting both local economies and international trade. However, as Western nations restrict imports of green technology from China, the latter is increasingly seeking new markets in Africa to sustain its green growth strategy.

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