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At Your Service Sino-African trade in service sectors takes high priority
ChinAfrica ^ | 06/03/2013 | Hou Weili

Posted on 06/02/2013 11:32:57 PM PDT by TexGrill

Jiang Binbin, a 27-year-old Chinese woman with a passion for travel, ticked off one more box on her bucket list in 2012, when she visited the Cape of Good Hope in South Africa.

"The natural beauty there is beyond description. It will not be the last place I visit in Africa as I am planning to go to Mozambique and Morocco later this year," Jiang told ChinAfrica.

She is one of the 870,000 Chinese who traveled to Africa in 2012. The rising number of Chinese tourists visiting Africa mirrors the growth of China-Africa service trade in recent years. With the strengthening of China-Africa economic and trade ties and the deepening of bilateral exchanges, trade in services between the two sides is gathering new momentum in Africa, and has expanded to cover the finance, construction, business service, communication, transportation, tourism and healthcare sectors.

A promising sector

As one of the world's largest industries with strong growth, tourism is a major driver of the global economy. With its distinctive natural landscapes, tourism in Africa has seen remarkable growth over the past few years. According to a report by World Tourism Organization, tourism has become a pillar industry in many African countries. In 2011, the revenue from tourism contributed 9 percent of the East African GDP, 7.2 percent of the North African GDP, 5.6 percent of the West African GDP and 3.9 of southern Africa's GDP.

(Excerpt) Read more at chinafrica.cn ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: chinaafrica
Emerging Markets Regions to watch: Africa and Southeeast Asia.
1 posted on 06/02/2013 11:32:57 PM PDT by TexGrill
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To: TexGrill

I see dead Chinese people.


2 posted on 06/03/2013 9:40:06 AM PDT by SaraJohnson
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