n order to implement eight new measures gained from China-Africa Cooperation Forum, develop China-Africa economic and trade cooperation, and promote China-Africa friendly relations, as the delegators of China Government Economic and Trade Delegation, Runfar Group Chairman of the Board Teng Hexian, together with China’s bank representatives accompanied Vice Minister of Commerce Fu Ziying to visit Mauritania, Guinea, Mali, Ethiopia, Egypt and Tunisia and conduct trade talks from April 11 to 24, 2011.
Chairman Teng Chinese government economic and trade delegation arrived at the first stop-Mauritania, which began an official visit to six African countries, and six African countries expressed their warm welcome to Chinese government economic and trade delegation. During the visit, Chinese government provided six African countries with free assistance and interest-free loans of hundreds of millions of Yuan for mutually agreed projects and eight new initiative Sino-African cooperation projects on April 11. The delegation also visited the representatives of Chinese-funded institutions six countries in Africa.

Chinese government economic and trade delegation said in an interview that China has a long history of friendship with its fraternal country-African, and China is willing to work together with all fraternal countries to promote bilateral economic & trade cooperation and strengthen cooperation in various fields. China will continue to encourage and support enterprises to participate in investment cooperation projects that contribute to industrial development capacity in fraternal countries actively. Six African countries also expressed their gratitude for fraternal friendship from Chinese side and worked with China to strengthen cooperation in various fields and provided incentives and conditions.

During this visit to African countries, Chairman Teng participated in a high-ranking delegation once again in several months after many visits with state leaders, which fully confirms that the state attached much attention to those private enterprises with management practices and strong sense of social responsibility. Chairman Teng said that as Runfar Investment Group Chairman of the Board, he would as always support the government decision-making and actively participate in investment cooperation in all fields to contribute to China-Africa cooperation.
During this nearly 20-day trip, Chairman Teng established a profound friendship with Chinese government economic and trade delegation in study and discussion, which had laid a solid foundation for future cooperation.