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China, Africa to stage 600 cultural exchange events in 2026

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China

China, Africa to stage 600 cultural exchange events in 2026

2026-01-09 17:19 Last Updated At:01-10 12:24

China and Africa will hold nearly 600 people-to-people exchange activities in 2026 to deepen mutual learning between the two civilizations, Foreign Ministry spokeswoman Mao Ning said at a press briefing in Beijing on Friday.

ID: 8460908 Her announcement came after the official launch of the 2026 China-Africa Year of People-to-People Exchanges at the African Union (AU) headquarters in Addis Ababa, the capital of Ethiopia, on Thursday.

"The 2026 China-Africa Year of People-to-People Exchanges is a major initiative agreed between President Xi Jinping and African leaders during the 2024 Summit of the Forum on China-Africa Cooperation in Beijing. President Xi Jinping sent a congratulatory letter to the opening ceremony, expressing hope that both sides will take the people-to-people exchange year as an opportunity to carry forward traditional friendship, strengthen mutual learning between civilizations, enhance exchanges, especially among youth, deepen sharing of governance experience, and work hand in hand to advance modernization. Foreign Minister Wang Yi attended the opening ceremony, where he spoke highly of the achievements of China-Africa cultural exchanges and joined African guests in unveiling the logo for the Year of People-to-People Exchanges," said Mao.

"Throughout this year, the two sides will stage nearly 600 exchange activities under the theme of 'consolidating all-weather friendship, jointly pursuing modernization dreams' to enhance mutual learning between the two civilizations and promote people-to-people connectivity," she said.

China, Africa to stage 600 cultural exchange events in 2026

China, Africa to stage 600 cultural exchange events in 2026

The World Bank predicted Tuesday that energy prices may surge 24 percent in 2026 to their highest level since the Russia-Ukraine conflict erupted in 2022 due to the war in the Middle East, while overall commodity prices are projected to increase 16 percent.

In its latest Commodity Markets Outlook released on Tuesday, the World Bank said that attacks on energy infrastructure and shipping disruptions in the Strait of Hormuz, which handles about 35 percent of global seaborne crude oil trade, have triggered the largest oil supply shock on record, with an initial reduction in global oil supply of about 10 million barrels per day.

Fertilizer prices are projected to increase by 31 percent in 2026, driven by a 60-percent jump in urea prices, while prices for base metals, including aluminum, copper and tin, are expected to reach all-time highs.

Precious metals prices are forecast to increase 42 percent as geopolitical uncertainty fuels demand for safe-haven assets.

Commodity prices could rise even higher if hostilities escalate or supply disruptions from the Iran war last longer than projected, the report said.

Indermit Gill, the World Bank Group's chief economist and senior vice president for Development Economics, said the war is hitting the global economy in cumulative waves, warning that poorer populations will be hardest hit.

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

World Bank forecasts 24-pct surge in energy prices in 2026

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