— Liyu Delegation Participates in Forum on China-Africa Cooperation (FOCAC) Series Events
September 7, 2024
From September 1 to 6, the Chinese government hosted the 2024 Forum on China-Africa Cooperation (FOCAC) Beijing Summit, bringing together leaders, officials, and business delegations from 53 African nations. Liyu Group, led by Chairman Wang Yuefeng, was invited as a core Chinese enterprise in green power solutions to attend multiple high-profile events during the summit. The delegation engaged in exclusive discussions with presidents, ministers, and energy agencies from various African countries.
Strengthening Dialogue and Building Partnerships
Chairman Wang Yuefeng at the Great Hall of the People for the Summit Opening Ceremony
Attending a Closed-Door Meeting with the President of South Africa and Chinese Business Leaders
Chairman Wang Yuefeng Speaking at the Meeting
During these meetings, African government officials praised Liyu’s innovative gas power generation technologies, customized energy solutions, and pioneering business models. Several nations expressed eagerness for Liyu to initiate investment projects in their countries, pledging high-level government support for visits and negotiations. Concurrently, multiple Chinese state-owned enterprises explored collaboration opportunities with Liyu in Africa.
High-Profile Engagements
Meeting with the President of Sierra Leone
Discussing Investment with Tanzania’s Minister of Investment
Talks with Sudan’s Minister of Energy and Petroleum Representatives
Audience with the President of Cameroon
Negotiating with the Minister of Energy of the Republic of Congo
Dialogue with Côte d'Ivoire’s Energy Bureau Representatives
Meeting with South African Standard Bank Executives
Green Development and Strategic Initiatives
Africa remains a key strategic partner for China, with both sides poised to launch the "Ten Partnership Initiatives," including 30 clean energy projects under the Green Development Partnership. Over the next three years, China will provide RMB 360 billion in funding support, including RMB 210 billion in loans, RMB 80 billion in various aid, and encourage at least RMB 70 billion in Chinese enterprise investment in Africa. African countries are also encouraged to issue "Panda Bonds" in China, ensuring robust financial backing for Chinese companies like Liyu to expand their African presence.
Chairman Wang Yuefeng emphasized Liyu Group’s readiness to collaborate with local governments, major energy enterprises, and Chinese companies operating abroad. With three decades of experience as a leading manufacturer and full-industry-chain operator in gas power generation, Liyu is committed to participating in the Belt and Road Initiative and contributing to the China-Africa Community with a Shared Future by delivering green electricity to light up Africa.
Signing Ceremony with South Sudan’s Minister of Trade
