III. C. Commercial Policies: THE ROLE OF CHINA’S PUBLIC SECTOR

Guest post by: International Monetary Fund
Become an Author

Free PDF Download
References: Stock Market Development in Sub-Saharan Africa - By International Monetary Fund

Market access and trade policy are important in fostering China-Africa trade. The Chinese
government in January 2005 implemented the Special Preferential Tariff Treatment (SPTT),
which removes the tariff from some 190 items exported to China from 25 of the least
developed countries in Africa. Chinese custom statistics show that the value of goods
imported from Africa under the SPTT reached US$380 million in 2005—a year-on-year
increase of 88 percent, about 50 percentage points higher than the growth of China’s total
imports from Africa for the same year. As part of the new package of commitments China announced in November 2006, the number of tariff items affected by SPTT has been
increased to over 440.
The Chinese authorities have also taken other steps. In June 2006 they announced the launch
of free trade area (FTA) negotiations with the Southern African Customs Union as part of the
efforts envisaged in their African Policy Paper to negotiate FTA with African countries and
regional trading blocs. To help African countries build their export platform, China has set up
more than 100 trade processing projects in Africa and in November 2006 committed to
establishing three to five trade and economic cooperation zones in Africa by 2009.

IMF Working Paper
African Department
What Drives China’s Growing Role in Africa?
Prepared by Jian-Ye Wang
October 2007

6.3 Financial sector links between investment and diversification: Economic Report on Africa 2007

Fiscal Policy, Incentives, and Growth

5.2 Diversification-deepening policies raise growth and TFP: Economic Report on Africa 2007

Does offshoring mean developed countries are losing technical jobs to developing countries?

Overview IX: Economic Report on Africa 2007

7.3.4 Labour market reform: Mainstreaming skills development for the poor

6.2 Trade and sectoral policies for diversification: Economic Report on Africa 2007

Improving business conditions - Increasing SME Access to Finance: A Four Pronged Approach

6.4 Industrialization policies key to deepened diversification: Economic Report on Africa 2007

Wanted: jobs for Africa’s youth - Policy Reforms

2.2.4 National training systems: Contributory factors

What is a Microfinance Institution (MFI)?

Employing A UK Commercial Mortgage Broker

Cost of office fit out

CONCLUSION: What Drives China’s Growing Role in Africa?

Improving Public Sector Efficiency Using Resource Scheduling Software

5.13 Gender: Working Out of Poverty

9.3.4 Commercial banks: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005

Part of outsourcing information technology (IT) services

Commercial Business Insurance for Small BusinessOwners

Home > African-Accounts > International Monetary Fund > III C Commercial Policies THE ROLE OF CHINAS PUBLIC SECTOR > Google +

Free PDF Download
References: Stock Market Development in Sub-Saharan Africa - By International Monetary Fund

About the Author: International Monetary Fund

RSS for International's articles - Visit International's website
The IMF is an international organization of 185 member countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Since the IMF was established its purposes have remained unchanged but its operations—which involve surveillance, financial assistance, and technical assistance—have developed to meet the changing needs of its member countries in an evolving world economy.
Click here to visit International's website.

More from International Monetary Fund
Public Spending on Education and Health Care and the MDGs
V C Chinas Approach to Financing AID VS COMMERCE FACTORS INFLUENCING THE GROWING TIES
VII E Strengthen Regulation and Supervision PROMOTING STOCK MARKET DEVELOPMENT IN AFRICA
IV THE STOCK MARKET AND THE FINANCING OF CORPORATE GROWTH IN AFRICA
Determinants of Growth in SubSaharan Africa

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

III. C. Commercial Policies: THE ROLE OF CHINA’S PUBLIC SECTOR

Related Articles

Related Forum Posts

Share this article. Fund someone's dream.


Name:
Email: