DocumentClosedother
Strengthening Trade Ties – South Africa and China
Gauteng IDZ Development CompanyRef: AU AGENDA 2063
Official source
Source domain: gidz.co.za
Collected on 27 June 2026
Always confirm details on the official source before acting.
What this means
The document discusses the September 2024 State Visit of South Africa's President to China and the FOCAC 2024 Summit, focusing on strengthening trade, investment, and industrialization collaboration between South Africa, Africa, and China. It highlights the shift toward more value-added manufacturing and finished goods, the role of Chinese FDI in Africa, and the aim to balance trade by expanding exports of finished goods from Africa to China. It references bilateral agreements signed at FOCAC 2024 related to industrialization, trade, technology, and agricultural modernization, and situates this within broader regional development goals such as the AU Agenda 2063.
Facts
Reference
AU AGENDA 2063
Key Takeaways
- event: South Africa–China State Visit September 2024
- summit: FOCAC 2024
- topic: strengthening trade and investment ties
- FDI note: China’s Africa FDI peaked at $5 billion in 2022
- focus: industrialization, value-added manufacturing, export of finished goods
- reference: AU Agenda 2063
- locations: South Africa, China
- bilateral outcomes: agreements on industrialization, trade, technology, agricultural modernization