China key development partner of Ethiopia: president

Ethiopian President Mulatu Teshome says China has become a strategic development partner of Ethiopia.

The president so remarked while bidding farewell to departing Chinese Ambassador to Ethiopia La Yifan on July 31, according to the Ethiopian Broadcasting Corporation (EBC).

Commenting on the strategic partnership of the two countries, President Mulatu said China has played a key role in financing Ethiopia's mega development projects.

The investment share of Chinese companies in Ethiopia has also been ever-growing thereby creating more jobs for citizens along with technology transfer, he said.

The president noted the participation of Chinese firms and experts in infrastructural development works like the Ethio-Djibouti rail line has immense contribution to the overall national development.

For his part, Ambassador La hailed Ethiopia's expeditious economic growth, saying he would keep on playing a part to buttress Ethio-China partnership even further.

Editor: lishen
Today’s Recommendations

Daily average of 20 enterprises settle down in Horgos

Some 4,894 enterprises settled down in the city of Horgos, in northwest China's Xinjiang Uygur Autonomous Region, in the first half of this year, China News Agency reported.【detailed】

China's investments help least developed countries pursue brighter shared future

Least developed countries (LDCs) are benefitting from lucrative business deals with China, with the world's second-largest economy becoming the biggest injector of foreign direct investment (FDI) in these countries.【detailed】