President Xi Jinping meets Angolan President Jose Eduardo dos Santos
Tag: China-Africa Cooperation
Summary: President Xi Jinping meets Angolan President Jose Eduardo dos Santos in Beijing for his first official visit to China.
Presidents ink cooperation deals
China and Angola sealed eight agreements on June 9 covering economic cooperation, transportation, electricity and financing, as Africa's second-largest oil producer continues to face problems caused by falling crude oil prices.
The agreements were signed in Beijing after a meeting between President Xi Jinping and Angolan President Jose Eduardo dos Santos, who arrived on June 8 for his first official visit to China in seven years.
China is willing to help Angola transform its rich natural and human resources into development results and achieve independent and sustainable development, Xi said.
China will encourage enterprises to invest in Angola, participate in its industrial parks and infrastructure construction, and help diversify its economy, he said.
Xi called for the early signing of further agreements covering currency exchange, investment protection and avoidance of double taxation.
Dos Santos reaffirmed his government's commitment to diversifying the economy, and said the administration hoped to see greater cooperation with China in sectors such as infrastructure, education, agriculture, industry and financing.