China stresses importance to Africa of attracting foreign investment

"Foreign investment can be a very practical, convenient and viable way for industrialisation," stressed Ambassador Zhou Yuxiao, Beijing’s emissary to the Forum on China-Africa Cooperation (FOCAC), at the Africa Institute of South Africa-Human Sciences Research Council/Embassy of the People’s Republic of China (PRC) conference on "Opportunities and Challenges of China-Africa Industrial Cooperation" in Pretoria on Friday. "I strongly believe that African industrialisation, which includes agricultural modernisation, can never be over-estimated," he affirmed. It would transform Africa for the better.