China will not pursue monopoly of oil resources in Africa, and will not
exclude and affect the cooperation between Africa and other countries, said
Chinese Foreign Minister Li Zhaoxing here on Sunday.
At a joint press conference held by Chinese, Ethiopian and Egyptian foreign
ministers, Li Zhaoxing said "the criticism of China's energy policy in Africa is
unreasonable."
China can self support more than 90 percent of its energy. China's import of
crude oil from Africa only accounts for 6 percent of the total oil trade volume
in the world, Li said.
The energy cooperation is one part of the Sino-African cooperation which is
based on the principle of equality and mutual benefit. During the cooperation,
which is open and transparent to the outside world, China abides by related
international rules, Li added.
The press conference was held following the two-day Beijing Summit of the
Forum on China-Africa Cooperation (FOCAC).
Ethiopia is the co-chair of the forum, while Egypt will host the next in
2009.
The Beijing Summit closed earlier Sunday after adopting a historic
declaration and an action plan for 2007-2009 in an effort to facilitate
China-Africa cooperation in an all-round way.
The landmark gathering highlighted "friendship, peace, cooperation and
development".