Anchor: As Chinese President Hu Jintao heads to Africa, Chinese entrepreneurs in Zambia reveal the outcome of bilateral cooperation over the past two years. They say the achievements of the Zambia-China Economic and Trade Cooperation Zone provide good examples of the development of a new model of Sino-African cooperation. Xaiohong has more.

Ann: The Zambia-China Economic and Trade Cooperation Zone, the first of its kind, was launched in May 2007. After a year and half in operation, the achievements are remarkable.

Zan Baosen, deputy general manager of the Cooperation Zone, talked about the outcomes so far.

"By the end of last year, 10 enterprises have started operation in the Zone. The total investment has accumulated to nearly 500 million US dollars. Some 3500 jobs have been created for the locals. Last year's total volume of sales hit 190 million US dollars. "

The successful operation of the Zambia-China Economic and Trade Cooperation Zone has been hailed as a milestone in developing bilateral relations in the new era.

Chinese Trade and Business counselor to Zambia Wang You says the operation of the Cooperation Zone has reflected China's new idea towards Africa.

"Firstly, it has solved international trade disputes. In recent years, China has witnessed a large margin of trade deficit. Setting up overseas economic and trade zones can help reduce China's foreign exchange reserve. Secondly, it provides a good platform for those enterprises that are looking for overseas market. Thirdly, it helps the local government in developing its economy and generating more tax incomes. Meanwhile, it also created more job opportunities for the local people. "

Counselor Wang believes such a cooperation model will promote the joint development for both sides and bring new ways of aiding Africa.

Xiaohong, CRI News.