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China has launched the Initiative on Supporting Africa's Industrialization, the Plan for China Supporting Africa's Agricultural Modernization and the Plan for China-Africa Cooperation on Talent Development, which are effective ways for African countries to address development challenges and can genuinely help African countries develop, Obiang said.

"I appreciate President Xi Jinping's initiative to help African countries," Obiang said.

"I believe it is the most effective way for Africa to overcome all the difficulties it faces today."