According to the "Angola Daily" report, China invited Angola to participate in the second China-Africa Economic and Trade Expo scheduled to be held in Hunan Province in September and the fourth International Import Expo scheduled to be held in Shanghai in November.
This week, Chinese Ambassador to Angola Gong Tao introduced the current state of relations between the two countries at a media briefing held in Luanda, hoping that Angola can use these two events to share the dividends of China's development and expand exports of Angolan products.
Ambassador Gong Tao said that Angola is China's strategic partner in Africa. Since the establishment of diplomatic relations 38 years ago, China and Angola have always been confident in developing and strengthening bilateral relations.
Regarding the trade exchanges between the two countries, Ambassador Gong Tao said that despite the falling oil prices in the international market and the negative impact of the pandemic, the trade volume between the two countries has been increasing. Most of the Chinese companies in Angola successfully survived the crisis, ensured the operability of investment, and kept employment for the people.
Regarding the debt issue in Angola, Ambassador Gong Tao said that major Chinese financial institutions and the Angolan authorities have maintained a long-term dialogue on the suspension of debt repayment and the expansion of investment into new areas.
Ambassador Gong Tao stated that the Chinese government will continue to encourage Chinese companies to increase investment in the Angolan market in different economic sectors on the premise of respecting the norms and laws formulated by the Angolan government.