ETHIOPIA AND CHINA EXPAND ECONOMIC PARTNERSHIP WITH FOCUS ON INNOVATION AND INDUSTRIAL GROWTH

Ethiopia is undergoing an economic transformation, opening vast investment opportunities across multiple sectors.

Ethiopia Innovation China Economic partnership Economic growth.
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Ethiopia and China are strengthening their long-standing partnership by fostering innovation, industrial development, and sustainable economic growth, officials from both countries affirmed during the Ethiopia-China Economic and Trade Forum in Addis Ababa.

As Ethiopia undergoes economic transformation, China has emerged as a key partner in advancing infrastructure, industrialization, and agricultural modernization. 

Negus Kebede, Director-General of Middle Eastern, Asian, and Pacific Affairs at the Ethiopian Ministry of Foreign Affairs, emphasized that Ethiopia’s strategic collaboration with China has been crucial in unlocking new investment opportunities.

Ethiopia is undergoing an economic transformation, opening vast investment opportunities across multiple sectors. Our all-weather strategic partnership with China has been instrumental in unlocking significant economic potential, and we are eager to deepen our collaboration in key economic sectors," Kebede said. 

He highlighted the impact of the Belt and Road Initiative (BRI), which has strengthened Ethiopia’s position as a hub for trade and development in Africa.

Chinese Ambassador to Ethiopia Chen Hai noted that Ethiopia’s inclusion in the BRICS economic bloc has created fresh opportunities for deepening cooperation. “Our two countries are highly complementary in cooperation in industry, agriculture, mining, infrastructure and other fields," he said.

Vice Chairman of the China Council for the Promotion of International Trade, Chen Jian’an, reiterated China’s commitment to promoting Ethiopia’s economic transformation.

“China will carry out more promotional activities to help Ethiopian high-quality products further enter the Chinese market. At the same time, China will encourage its companies to export high-value-added products such as new energy technologies and manufacturing equipment to Ethiopia to help the country's economic transformation and industrial development," he stated.

The ongoing collaboration underscores both countries' shared commitment to mutual prosperity and sustainable growth.

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