China has rolled out a game-changing policy: zero-tariff treatment for 100% of tariff lines to all least-developed countries it has diplomatic ties with. This makes China the first major economy to take such a step, sparking applause from African nations and experts who call it a “powerful driver” for Global South cooperation. 🇨🇳🤝🌍
Zimbabwe’s ruling party official Christopher Mutsvangwa told Xinhua the move will turbocharge China-Africa trade, citing growing Chinese demand for African goods like Zimbabwean oranges and sesame. Meanwhile, Madagascar’s textiles and handicrafts are now tariff-free, creating fresh opportunities for local businesses. “China’s market can boost our agricultural modernization,” said Michel Anondraka, a Malagasy agriculture director.
Beyond tariffs, China is doubling down on support through platforms like the China International Import Expo (CIIE). At this year’s event, 37 least-developed countries received free exhibition booths, with Tanzania’s Future Enterprises showcasing honey products. “This is our ticket to the global stage,” said production manager Jackson Mponela.
Researchers like Yang Baorong of the China-Africa Institute highlight how these policies aim to “drive industrial cooperation through trade,” particularly benefiting Africa—home to the most least-developed nations. With cross-border e-commerce support and streamlined trade deals, China’s approach could rewrite the rules of South-South economic partnerships. 💡📈
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African countries applaud China's zero-tariff treatment policy
cgtn.com