Therefore, when providing aid to and engaging in cooperation with Africa, China will not repeat what Western countries did and will never impose its own views on others, he said.
Third, China has always followed the principle of mutual benefit and win-win results, he said.
Sino-African cooperation is in essence part of South-South cooperation, and a key characteristic of the latter is that sustained and long-lasting common development can only be achieved through treating each other on an equal footing and ensuring mutual benefit, he said.
To this end, China's financing support for Africa has always gone through a strenuous process of feasibility study with a market-driven approach so that due economic and social effects could be achieved after fulfilling each one of the cooperative projects, he said.
Wang pointed out that the current debt status in some African countries is the accumulative result after a long period of time.
China is a staunch supporter of African countries' efforts to remedy the problem through sustainable development and economic diversification, he said.
China will continue to do its part in helping Africa enhance its self-development capacity and realize sound economic and social growth, he said.
Wang expressed optimism about Africa's economic growth, saying that China is pleased to see that the African economy had bottomed out last year and that African countries have come to realize the importance of sustainable development.
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