At the invitation of President of the Islamic Republic of Mauritania Mohamed Ould Ghazouani, Chinese President Xi Jinping's Special Envoy and Vice Chairperson of the National Committee of the Chinese People's Political Consultative Conference Wang Guangqian attended President Ghazouani's inauguration ceremony in Nouakchott on Thursday.
During the ceremony, President Ghazouani met with Wang.
Wang conveyed Xi's warm congratulations and best wishes to Ghazouani, saying that China highly values the development of its relations with Mauritania.
He said China stands ready to work hand in hand with Mauritania to consolidate political mutual trust, deepen practical cooperation, enhance cultural exchanges, and continuously open up brighter prospects for the bilateral relationship.
Ghazouani asked Wang to convey his high respect and sincere greetings to President Xi. He expressed heartfelt thanks to President Xi for sending a special envoy to attend his inauguration.
Ghazouani emphasized that Mauritania cherishes the traditional friendship between the two countries and is willing to further deepen exchanges and cooperation in various fields with China, so as to promote the Mauritania-China relationship to even higher levels.
Xi's special envoy attends inauguration ceremony of Mauritania's president
China in 2024 saw a faster transformation and upgrading of investment in manufacturing industry, a strong growth of investment in high-tech industries, and a rebound of investment in infrastructure construction, according to the latest data released by the National Bureau of Statistics on Saturday.
The investment in manufacturing industry grew by 9.2 percent compared to the previous year, or six percentage points higher than the growth rate of overall investment. In particular, investment in technological upgrades of manufacturing industry increased by eight percent, or 4.8 percentage points higher than overall investment growth.
Private investment in manufacturing grew by 10.8 percent, driving up overall private investment by 5.3 percentage points.
The structure of investment continued to optimize. Investment in high-tech industries rose eight percent compared to the previous year, which was 4.8 percentage points higher than the growth rate of overall investment. In particular, investment in high-tech manufacturing grew by seven percent, and that in high-tech service industry grew by 10.2 percent. Investments related to high-tech industries, such as aerospace equipment manufacturing and professional technical services, increased by more than 30 percent.
In 2025, China plans to moderately increase central government budgetary investments, issue ultra-long-term special treasury bonds and local government special bonds, and enhance efforts to support projects for implementing major national strategies and building security capacity in key areas, as well as implementation of large-scale equipment upgrades and consumer goods trade-in programs, with the aim of stimulating private investment activity through various measures, effectively leveraging government investment to drive social investment, improving investment efficiency, and promoting steady growth in investments.
Transformation, upgrading of China's manufacturing investment accelerates in 2024