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China industrial relocation boosts 'Made in Africa' products -

(Via prepaidafrica)

An increasing number of Chinese enterprises are eyeing the competitive advantages of labor and consumer markets in Africa, and have started to move their production there, Chen said in an interview with Xinhua.

Aside from creating jobs, the industrial relocation has also extended the value chain of “Made in Africa” products and made these products more competitive in the global market, Chen said after the conclusion of the Fifth Ministerial Meeting of the Forum on China-Africa Cooperation (FOCAC).

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