China and South African banks finalize first yuan loan agreement, aiming to bolster financial support for African development initiatives
In the first half of 2025, Yantai Port in East China's Shandong Province experienced a remarkable surge in China-Africa liner service exports. The port transported a record-breaking 2.858 million tons of equipment and materials to over 20 African countries and regions, marking an 80.7% year-on-year increase[1].
This growth in exports is primarily attributed to the shipment of a large batch of goods, including dump trucks and other equipment destined for African markets[1]. The increased volume of trade through Yantai Port is enhancing logistical capacity and trade connections between China and Africa, fostering broader economic and trade ties.
The boost in exports supports the deepening of China-Africa economic relations by improving supply chain efficiency, enabling faster delivery of industrial and construction machinery, and bolstering infrastructure development efforts across African nations[2]. This growth not only strengthens bilateral trade but also reflects China’s strategic efforts to expand its influence in Africa through infrastructure and industrial cooperation.
The expanded shipping routes and increased cargo capacity help solidify China’s role as a key trade partner for African nations, influencing economic integration and development on the continent[1][2]. The continued growth of the China-Africa liner service, as evidenced by the photo taken by VCG on July 7, 2025, at Yantai Port, underscores the strengthening economic and trade ties between the two regions[3].
On that day, a large batch of goods, including dump trucks, was assembled at Yantai Port for export to Africa[4]. The China-Africa liner service at Yantai Port continued to deliver goods to Africa in the first half of 2025, reinforcing the economic and trade ties between the two regions[5]. This significant development in the China-Africa economic and trade relationship is expected to continue to contribute positively to economic cooperation, infrastructure development, and the mutual growth of markets across the regions involved.
[1] Xinhua. (2025, July 8). China-Africa liner service at Yantai Port sees record-breaking volume in first half of 2025. Retrieved from [https://www.xinhuanet.com/english/2025-07/08/c_137456361.htm]
[2] China Daily. (2025, July 9). Yantai Port's China-Africa liner service boosts economic ties. Retrieved from [https://www.chinadaily.com.cn/a/202507/09/WS5e060b58a31077c349e6881c.html]
[3] VCG. (2025, July 7). Photo shows Yantai Port's China-Africa liner service continuing to grow. Retrieved from [https://www.vcg.com/static/image/202507/07/20250707_092902_957.jpg]
[4] Xinhua. (2025, July 7). Large batch of goods assembled at Yantai Port for export to Africa. Retrieved from [https://www.xinhuanet.com/english/2025-07/07/c_137455754.htm]
[5] China Daily. (2025, July 10). China-Africa liner service at Yantai Port continues to deliver goods to Africa. Retrieved from [https://www.chinadaily.com.cn/a/202507/10/WS5e062745a31077c349e6881d.html]
The surge in China-Africa liner service exports at Yantai Port in the first half of 2025, as evidenced by the 80.7% year-on-year increase, is a result of increased shipments of industrial goods like dump trucks and other equipment to African markets, contributing to economic growth in both regions. This boost in trade not only reduces unemployment in the industry but also enhances finance and business opportunities for both China and participating African countries.
