Tanzania's cotton industry reaped in $81.52 million in exports last year. It employs nearly 16 million people in a nation of 45 million.
Though China has made several big strides in Africa since 1975, the success of its $500 million turnkey TAZARA Railway project, running from Kapiri Mposhi in Zambia to Dar es Salaam in Tanzania continues to be a magnet for increased engagements.
China and Africa view each other as a "significant opportunity" for development and they both have "a strong desire" to enhance cooperation.
China hopes to consolidate and develop its relations with African countries, Vice Foreign Minister Zhai Jun said on Wednesday.
At a manufacturing center located near South Africa's Nelson Mendela Bay, local citizens and Chinese investors are working together to bring out the city's industrial potential.
President Xi Jinping's visit to Tanzania since taking office demonstrates how much Beijing cares about its relationship with the country and the African continent.
The chances of establishing an offshore yuan center in Africa are high, as trade settlement in the currency continues to surge.
More and more Chinese companies are coming to invest in Africa, a continent growing in popularity among those looking for the next big thing.
China will continue its role as a staunch supporter of Africa's development, President Xi Jinping said Tuesday.
One Chinese mining company is set to transform the economy of one African country.
China-Africa relations are in a golden age of rapid development, but more must be done to improve the quality of economic ties as Chinese investment continues to boom.
Chinese investment in African mining industry comes in different forms and is crucial for both.
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