Friday marks the 60th anniversary of diplomatic relations between China and Tanzania. Over the past six decades, these ties have experienced consistent and healthy growth, reflecting a robust partnership between the two nations.
In November 2022, the relationship was elevated to a comprehensive strategic level, underscoring the deepening collaboration in various sectors. This milestone has paved the way for enhanced cooperation and mutual development.
In 2023, trade between China and Tanzania reached an impressive $8.78 billion, representing an 8.9 percent year-on-year increase. China continues to be Tanzania's largest trading partner, providing zero-tariff treatment to 98 percent of taxable Tanzanian exports to China. This favorable trade environment highlights the strong economic bonds and the potential for future growth.
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Chart of the Day: China, Tanzania mark 60 years of diplomatic ties
cgtn.com
