China said that it plans to invest $60 billion in Nigeria in a bid to further deepen their existing relationship with Nigeria as well as to further integrate sustainable development in the country.Mr Qin Jian, the chargé d’affaires of the Chinese Embassy in Nigeria, said that the economic cooperation between Nigeria and China was fruitful and that China was willing to integrate its development with independent and sustainable development in Nigeria and other African countries, so as to achieve common development.The Chinese president in January proposed five major pillars for China-Africa relations at the historic second edition of the Forum on China-Africa Cooperation Summit held in Johannesburg, South Africa.
Qin Jian said that China and Africa need to seek equality and mutual trust in politics, cooperation in economy, mutual learning in civilization, mutual assistance in security as well as unity and coordination in international affairs. Qin added that his country’s 10 key cooperation plans with Africa in the fields of industrialization, agriculture modernization, infrastructure, among others will serve as an all-around blueprint for China’s cooperation with Africa in a period to come and symbolize that China-Africa relations will take a big stride and enter a new era. He said that in order for China to fulfil thheir plan $60 billion had been pledged in development funding to Africa.

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