Shipping containers and gantry cranes are seen at a port in Lianyungang, in eastern China's Jiangsu province on August 7, 2024. (Photo by AFP) / China OUT
CHINA has become the first developing country and major global economy to offer zero-tariff treatment on all products from the least developed countries (LDCs), strengthening solidarity and cooperation within the Global South while boosting Africa's exports, said the Ministry of Commerce on Thursday.
This initiative is expected to play a key role in boosting LDCs' exports to China and help them seize opportunities in China's vast market, said He Yongqian, spokeswoman for the Ministry of Commerce.