Highlights of press conference on optimizing business environment

China-Africa economic, trade cooperation forges on: Nan Cunhui

China-Africa economic and trade cooperation is developing smoothly, and it's suggested that governments in Africa further improve their business environment to attract more Chinese investment, said Nan Cunhui, vice-president of the All-China Federation of Industry and Commerce.

"The local governments should promote the liberalization and facilitation of foreign trade and investment, as well as facilitate the innovation of the tax policy and the foreign exchange policy, such as lifting foreign exchange controls, and offering foreign companies favorable tax policies," Nan said.

He added that it is also important to maintain the continuity of government policies, such as offering aid to foreign enterprises that established factories in Africa.