Xi hosts two dozen African leaders at China's biggest summit in years

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00:00China is vowing to encourage its more powerful companies to invest in Nigeria.

00:04In return, Nigeria is saying it's open to Chinese companies building factories

00:09and developing its energy and mineral resources.

00:12Those are the results of a meeting between the two nations' leaders,

00:15who've met in Beijing as part of a summit of 50 African nations in China.

00:20China hoping then to cement itself as a main partner for the continent

00:23at the Forum on China and African Cooperation.

00:27Earlier we spoke to our correspondent Yenna Li in Beijing.

00:57The day one activities all about promoting economic ties between two Chinese provinces

01:05and the continent.

01:07We're talking about Zhejiang in the southeast and Hunan in south-central China.

01:11The latter is not an economic heavyweight per se,

01:15but leaders there have long tried to foster ties with African local politicians and businesses.

01:21The former Zhejiang is one of China's biggest export hubs.

01:26Most importantly though, it's Thursday when President Xi Jinping is set to give a keynote

01:30speech outlining his vision for China and Africa relations.

01:34And I'll be following that very closely for you.

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