Belt and road initiative, win-win for China and Nigeria | The Guardian Nigeria News

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This year marks the 10th anniversary of Chinese President Xi Jinping’s proposal to build a community with a shared future for mankind, the principles guiding China’s Africa policy, including sincerity, real results, amity and good faith and the Belt and Road Initiative (BRI).

This year also marks the 52nd anniversary of the establishment of diplomatic ties between China and Nigeria.

This year, in January, the opening ceremony of Nigeria’s Lekki deep-water Port was held. As the largest deep-water port in West Africa, Lekki deep-water Port was constructed by China Harbour Engineering Company Limited and is expected to create nearly US$360 billion of economic benefits and 170,000 jobs for Nigeria. All these achievements will usher in new prospects for Nigeria’s economic development.

For quite a long time in the past, China has been concentrating on development, blowing the horn of the “Chinese Path to Modernization”. With undivided attention to development, China as the largest developing country in the world, completed the arduous task of eradicating absolute poverty, won the world’s largest battle against poverty in 2021, and achieved the poverty reduction goals of the United Nations 2030 Agenda for Sustainable Development 10 years ahead of schedule.

It is misleading to evaluate the overall development in China with a focus on national central cities in China, such as Beijing and Shanghai. China’s urban-rural development is still uneven, and the income distribution gap is still large. Many development indicators, especially per capita indicators, are still in the middle of the world.

 

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