2024 China-Africa Cooperation Forum held in Beijing

The 2024 Forum on China-Africa Cooperation (FOCAC) Summit took place in Beijing from September 4 to 6. This summit served as a key platform for strengthening diplomatic and economic ties between China and African nations. 

Discussions focused on a variety of issues, including infrastructure development, trade relations, and debt sustainability, which have been central to China-Africa relations for years.

China has played a significant role in financing and developing infrastructure projects across Africa, but this has also led to concerns about rising debt levels in several African countries. As a result, the summit likely addressed the need for more balanced trade arrangements and sustainable economic partnerships.

In addition to economic cooperation, the FOCAC summit also likely highlighted China's growing diplomatic influence in Africa, as Beijing continues to seek stronger ties with African nations to counter Western influence on the continent.

China and Africa account for about one-third of the world's population, and their modernization is seen as crucial for global progress. During the 2024 Forum on China-Africa Cooperation (FOCAC) Summit, Chinese President Xi Jinping emphasized that without the modernization of China and Africa, global modernization efforts would be incomplete. 

He proposed ten partnership actions to be undertaken over the next three years to deepen cooperation between China and Africa. These actions are aimed at promoting modernization across the Global South and contributing to a fairer and more stable world order.

The focus of these partnership actions will likely include areas such as industrialization, agricultural development, infrastructure building, digital economy, and green development, all of which are crucial for the economic growth and modernization of African nations. 

This initiative reflects China's broader strategy to strengthen ties with Africa and support its development as part of a global effort to reduce inequalities and enhance stability.

This collaborative effort is not only vital for the development of China and Africa but also for the broader goal of achieving a more balanced and equitable global economic landscape.

Following this year's FOCAC Summit, China and Africa have the opportunity to embark on a new chapter in green and sustainable development.