Abstract:
Angola is the third largest economy in sub-Saharan Africa and one of the largest foreign-invested countries.It is also the third largest source of oil imports in China.Angola is located in the hub of South, central and west Africa.With the opening of the Lobito corridor in the future, Angola can reach the Indian ocean in east Africa.Therefore, Its strategic position is very important.The territory is rich in mineral resources, including oil, natural gas, diamonds, iron, phosphate, copper, manganese, lead, tin, zinc, tungsten, gold, quartz, marble and granite.However, Angola's overall geological work is relatively low.Except for oil and diamonds, the contribution rate of other mineral resources to GDP is less than 1%.The Angolan government urgently needs to change its dependence on the income of the oil industry by developing non-fuel mineral resources.In recent years, China-Angola relations have been stable.High-level leaders frequently visit each other and the foundation of economic and trade cooperation is solid.Therefore, the potential for mining development cooperation between the two countries is enormous.China's mining enterprises should actively cooperate with large state-owned enterprises in Angola to continuously improve their international operation capabilities, give full play to the technological advantages in engineering exploration and mineral exploration, and grasp the strategic opportunity period for Angola to vigorously develop infrastructure construction and formulate a “resource-for-project” policy.