The chapters are repeated, and they will be refreshed tomorrow

——

In fact, in the early years, the state encouraged private enterprises with good reputation and good technology to develop in Africa.

As a developing country, Africa is very interested in China's development experience, and China has donated to Africa every year. In this kind of donation and mutual assistance, China-Africa relations are still good, and a certain foundation has been laid for enterprises to develop in Africa.

In order to develop their national economies, African countries are making efforts to improve the investment environment and vigorously attract foreign capital, and their investment policies are more favorable than those in the early days of China's reform and opening up.

In order to encourage and support enterprises to start businesses in Africa, the state has formulated relevant policies, adopted a series of measures, and has signed intergovernmental framework agreements on preferential loans with 25 African countries, including Sudan, Kenya and Mozambique, to support Chinese enterprises to build enterprises in Africa in various forms such as overseas processing and resource development.

The "China Investment, Development and Trade Promotion Center" has been set up in 11 African countries, including Egypt, Cameroon and Tanzania, to provide Chinese enterprises with information, technology and other all-round services to carry out economic and trade business in African countries. Bank of China Africa branches have been set up in Zambia and South Africa to provide financial services for Chinese enterprises to invest and trade in Africa.

The state has also set up a special fund to support powerful Chinese enterprises to invest and set up factories in Africa. China has signed Bilateral Investment Protection Agreements (BIPAs) with 20 countries, including Nigeria, South Africa, Egypt and Kenya, to protect the investment rights and interests of Chinese enterprises in Africa, and has signed DTAs with some countries.

Why Hang Yu dares to go to Africa for development is mainly supported by national policies.

"When we go to Africa to do business, the most important thing is to understand the local customs and unspoken rules of regulations. As the saying goes, a strong dragon doesn't suppress a snake on the ground, not to mention that we are not a strong dragon, and we are not a snake. Hang Yu said.

"Yes, I understand. "Hang Yougong was taught with an open mind.

"In fact, there are also developed countries in Africa, and when they were colonized by European and American countries in the past, their economies were more developed than ours. Later, the colonizers left, the Africans were not good at business, and their economic power declined again. There are still many European and American companies developing in Africa, but those foreigners, you know, look down on black Africans at all. Hang Yu introduced.

"Indeed, we in China are also looked down upon by foreigners. Hang Yougong said that he was a person from the past and knew how arrogant foreigners were.

"So when we go to Africa to do business, we can't be like Europeans, we have to put ourselves in the right attitude and face Africans in an equal and respectful way, so that it is easier to build a sense of trust. You have to understand that we have an advantage in terms of price compared to European companies, and if we have a better attitude, we will be more competitive. Hang Yu said.

The Investigation Department has conducted an in-depth investigation of Africa for more than half a year, explored and has summed up a set of response methods. Among them, the most important are three points, one is quality, the second is price, and the third is attitude, and it is very easy to do business in Africa if you understand these three points.

To put it more clearly, it is good quality and low price, and good service attitude.

This service attitude does not mean to talk to Africans, but to understand the needs and appetites of Africans, consumption habits, living habits, etc., and formulate products that are suitable for them.

As long as the product is appetizing, Africans are naturally willing to buy it.

There are some Chinese entrepreneurs who believe that Africans are very stupid and stupid, and it is easy to deceive them when doing business. In fact, this kind of thinking is very naïve, and Africans are also very shrewd and not easily deceived.

In African countries, the quality system of Western countries is generally followed, and the quality of products is strict. Of course, this is not absolute, there are many slums in Africa, and there is no quality in the poor.

It mainly depends on which class of business to do, the upper class of Africa, of course, has the money to talk about quality.

"It's really dangerous to do business in Africa, so I don't go there myself, but send someone to manage it. You can learn from me, find a trustworthy person to open a branch in Africa, and cooperate with my branch over there. Hang Yu said.

"If you don't go to see it yourself, can you manage it well?" Hang Yougong questioned, he basically went to see every construction site in person.

"The problem is that you can't read or understand when you go, so it's better to leave it to a professional. Hang Yu said.

"I see. Hang Yougong nodded.

In fact, in the early years, the state encouraged private enterprises with good reputation and good technology to develop in Africa.

As a developing country, Africa is very interested in China's development experience, and China has donated to Africa every year. In this kind of donation and mutual assistance, China-Africa relations are still good, and a certain foundation has been laid for enterprises to develop in Africa.

In order to develop their national economies, African countries are making efforts to improve the investment environment and vigorously attract foreign capital, and their investment policies are more favorable than those in the early days of China's reform and opening up.

In order to encourage and support enterprises to start businesses in Africa, the state has formulated relevant policies, adopted a series of measures, and has signed intergovernmental framework agreements on preferential loans with 25 African countries, including Sudan, Kenya and Mozambique, to support Chinese enterprises to build enterprises in Africa in various forms such as overseas processing and resource development.

The "China Investment, Development and Trade Promotion Center" has been set up in 11 African countries, including Egypt, Cameroon and Tanzania, to provide Chinese enterprises with information, technology and other all-round services to carry out economic and trade business in African countries. Bank of China Africa branches have been set up in Zambia and South Africa to provide financial services for Chinese enterprises to invest and trade in Africa.

The state has also set up a special fund to support powerful Chinese enterprises to invest and set up factories in Africa. China has signed Bilateral Investment Protection Agreements (BIPAs) with 20 countries, including Nigeria, South Africa, Egypt and Kenya, to protect the investment rights and interests of Chinese enterprises in Africa, and has signed DTAs with some countries.

Why Hang Yu dares to go to Africa for development is mainly supported by national policies.

"When we go to Africa to do business, the most important thing is to understand the local customs and unspoken rules of regulations. As the saying goes, a strong dragon doesn't suppress a snake on the ground, not to mention that we are not a strong dragon, and we are not a snake. Hang Yu said.

"Yes, I understand. "Hang Yougong was taught with an open mind.

"In fact, there are also developed countries in Africa, and when they were colonized by European and American countries in the past, their economies were more developed than ours. Later, the colonizers left, the Africans were not good at business, and their economic power declined again. There are still many European and American companies developing in Africa, but those foreigners, you know, look down on black Africans at all. Hang Yu introduced.

"Indeed, we in China are also looked down upon by foreigners. Hang Yougong said that he was a person from the past and knew how arrogant foreigners were.

"So when we go to Africa to do business, we can't be like Europeans, we have to correct our attitude and face Africans in an equal and respectful way, so that it is easier to build