China–Africa Economic and Trade Cooperation from the Perspective of the Community with Shared Benefits: Achievements, Challenges, and Prospects

Abstract

The China–Africa Community with Shared Benefits is the cornerstone of the China-Africa Community with Shared Future. Since the beginning of the twenty-first century, through economic and trade cooperation, China and Africa have promoted the common economic and social development of both sides, and consolidated the material foundation of the China–Africa Community with Shared Benefits. The economic and trade cooperation between China and Africa has developed rapidly with remarkable achievements and great influence. This article fully affirms and reviews the great achievements of China–Africa trade and economic cooperation, points out that the China–Africa economic and trade cooperation still faces some challenges, but overall, the China–Africa economic and trade cooperation has an absolutely bright future and will become a persistence engine to build the Community with Shared Benefits. China's investment will further promote economic and social development in Africa, and the China–Africa Community with Shared Benefits will have a huge demonstration effect internationally.