Close Menu
Chronicle NG
    Trending Stories
    FIFA has cleared US forward Folarin Balogun to play in the country’s FIFA World Cup Round of 16 match against Belgium.

    FIFA clears Balogun for US World Cup clash against Belgium

    July 5, 2026
    Peter Obi speaks as he renews his call for President Bola Tinubu to resign over the IMF's ₦8.83 trillion off-budget spending claim in Nigeria.

    Obi asks Tinubu to resign again, cites IMF’s ₦8.83tn off-budget spending claim

    July 5, 2026
    Former Vice-President Atiku Abubakar speaking as he calls for an investigation into the IMF's claim of ₦8.8 trillion in alleged off-budget public spending in Nigeria.

    Atiku urges EFCC, ICPC to probe IMF claim of ₦8.8tn off-budget spending

    July 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FIFA clears Balogun for US World Cup clash against Belgium
    • Obi asks Tinubu to resign again, cites IMF’s ₦8.83tn off-budget spending claim
    • Atiku urges EFCC, ICPC to probe IMF claim of ₦8.8tn off-budget spending
    • FG denies spending N8tn outside budget, rejects IMF report
    • Cape Verde returns to heroes’ welcome after World Cup ouster
    • World Cup: Haaland, Gabriel renew rivalry as Norway face Brazil
    • Nigeria omitted spending worth 2% of GDP from budgets, IMF says
    • Police debunk herdsmen attack on Imo hostel
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Sunday, July 5
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    China zero-tariff Africa trade boost begins for 53 countries

    Opalim LiftedBy Opalim LiftedMay 1, 2026No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    China zero-tariff Africa policy launches, opening its market to 53 countries to boost exports, trade and economic cooperation.
    Goods on high sea
    Facebook Twitter WhatsApp

    China has thrown open its vast market to Africa, launching a sweeping zero-tariff policy that could reshape trade flows across the continent.

    From Friday, imports from 53 African countries including Nigeria will enter China duty-free, provided they maintain diplomatic ties with Beijing. The policy, which runs until April 30, 2028, is designed to deepen economic cooperation and give African exports a stronger foothold in one of the world’s largest consumer markets.

    The initiative traces back to commitments made under the Forum on China-Africa Cooperation and the Changsha declaration, where China pledged to expand access for African goods while tightening broader economic ties.

    A push beyond raw materials

    For years, Africa’s exports to China have been dominated by crude oil, minerals, and metallic ores. This new policy aims to change that pattern by encouraging the export of higher-value and “quality” products from agriculture to processed goods.

    • Trump reveals China agrees not to arm Iran

    Chinese authorities say the programme goes beyond tariffs. It includes improved market access, simplified customs clearance, and enhanced inspection and quarantine systems all intended to make it easier for African businesses to trade.

    The first sign of movement came quickly: a shipment of 24 tonnes of South African apples cleared customs in Shenzhen under the new framework, signalling how agricultural exports could benefit.

    China says the policy also aligns with Africa’s long-term ambitions under African Union’s Agenda 2063, which prioritises industrialisation, modernisation, and sustainable growth.

    Speaking earlier this year, Wang Yi described the zero-tariff plan as part of a broader effort to strengthen China-Africa relations, not just through trade but also through skills development and technical training.

    While the policy opens a major door, it also raises a practical challenge: can African economies scale up production, meet quality standards, and diversify exports quickly enough to take full advantage?

    If they can, the zero-tariff window could mark a turning point — shifting Africa from a supplier of raw materials to a more competitive exporter of finished and value-added goods.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Peter Obi speaks as he renews his call for President Bola Tinubu to resign over the IMF's ₦8.83 trillion off-budget spending claim in Nigeria.

    Obi asks Tinubu to resign again, cites IMF’s ₦8.83tn off-budget spending claim

    Former Vice-President Atiku Abubakar speaking as he calls for an investigation into the IMF's claim of ₦8.8 trillion in alleged off-budget public spending in Nigeria.

    Atiku urges EFCC, ICPC to probe IMF claim of ₦8.8tn off-budget spending

    FG denies spending N8tn outside budget, rejects IMF report

    FG denies spending N8tn outside budget, rejects IMF report

    IMF: Poverty persists in Nigeria, warns against subsidy return

    Nigeria omitted spending worth 2% of GDP from budgets, IMF says

    The Imo State Police Command has refuted reports that suspected herders attacked a student hostel, calling the report completely untrue.

    Police debunk herdsmen attack on Imo hostel

    NDDC postpones Nigeria-Russia scholarship CBT

    NDDC postpones Nigeria-Russia scholarship CBT

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    FIFA has cleared US forward Folarin Balogun to play in the country’s FIFA World Cup Round of 16 match against Belgium.

    FIFA clears Balogun for US World Cup clash against Belgium

    July 5, 2026
    Peter Obi speaks as he renews his call for President Bola Tinubu to resign over the IMF's ₦8.83 trillion off-budget spending claim in Nigeria.

    Obi asks Tinubu to resign again, cites IMF’s ₦8.83tn off-budget spending claim

    July 5, 2026
    Former Vice-President Atiku Abubakar speaking as he calls for an investigation into the IMF's claim of ₦8.8 trillion in alleged off-budget public spending in Nigeria.

    Atiku urges EFCC, ICPC to probe IMF claim of ₦8.8tn off-budget spending

    July 5, 2026
    FG denies spending N8tn outside budget, rejects IMF report

    FG denies spending N8tn outside budget, rejects IMF report

    July 5, 2026
    Cape Verde returns to heroes’ welcome after World Cup ouster

    Cape Verde returns to heroes’ welcome after World Cup ouster

    July 5, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.