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chinese companies have also seen opportunities in africa. as a developing country, china has rich experience and resources in the process of economic take-off, which enables chinese companies to help african countries develop more effectively. in recent years, china's investment in africa has shown a sustained growth trend, from the continuous expansion of trade and investment scale to the direct investment stock exceeding us$40 billion, all of which show the vigorous development of china-africa cooperation.

the 8th china-africa entrepreneurs conference showcased the positive interaction between chinese companies and african countries. leaders from all over africa called on chinese entrepreneurs to increase investment in africa. senegalese president faye said that africa needs funds to support its development, and there is a huge gap in foreign direct investment in africa. he said that china's direct investment in africa in 2023 will increase to us$44.19 billion, close to the level before the epidemic, but our goal is to attract more investment.

jia shaoqian, chairman of hisense group, said that next year hisense will continue to build new factories in south africa and provide partners with technological and digital management systems. lei jun, founder, chairman and ceo of xiaomi group, also said that the next step will be to increase investment in the african continent and hope to strengthen cooperation with africa in emerging industries such as new energy vehicles.

the presence of chinese enterprises and the common development of african countries is a process of mutual promotion between china's economic development and africa's development. this is not only a window for economic cooperation, but also a symbol of the development of human civilization and common progress.