China¡¯s first African logistics terminal, which is seen as an important development in Sino-Africa trade relations, has opened in Tianjin, seen here, north China¡¯s biggest port city.
The Tianjin Port GMT Africa International Logistics Terminal, located in the Tianjin Port Free Trade Zone, covers an area of 60,000 square meters including a 5,500-square-meter warehouse.
The terminal will deal with Sino-Africa imports and exports.
Trade between China and Africa has witnessed rapid development in recent years. Statistics show Sino-Africa trade volume brought in $55.5 billion in 2006, up 40% over the same period of 2005.
Sino-African trade volume through Tianjin port reached 3.36 million tons in 2006, up 63.3%.