After more than half a cen-tury of development, Sino-African economic and tradecooperation has created manyachievements, benefiting both peoples.Currently, the cooperation has formeda sound pattern of interactive develop-ment. Though the global economy is inthe doldrums at present, internationalfinancial institutions continue to showconfidence in the African economy,bringing valuable opportunities forAfrica"s development and creating asound environment for the increasinglycloser Sino-African ties.