ENTEBBE Quintin Demps Bears Jersey , Uganda, July 22 (Xinhua) -- Simon Sewalu, with barelyno experience after dropping out of school, landed a job with theChinese who are constructing Uganda's first expressway.
Under close supervision, Chinese technicians working for ChinaCommunications Construction Company (CCCC) trained Sewalu incarpentry. CCCC is constructing the over 350 million U.S. dollarExpressway linking the country's capital Kampala to EntebbeInternational Airport.
Such is the story of many African youths who are employed onChinese construction projects across Africa.
At the expressway project in central Uganda Kendall Wright Bears Jersey , over 2,000 youthshave been employed.
In northern Uganda, the Chinese are constructing a 1.4 billiondollar underground hydro power plant, the first of its kind inAfrica.
Over 4,000 youths are employed at this project ranging fromunskilled Mike Glennon Bears Jersey , semi-skilled and skilled levels.
Another hydro-power construction project funded by the Chineseis still ongoing in the central part of the country providinghundreds of jobs to youth.
Many youths argue that even after the projects are long gone,they will have gained the skills to sustain their lives andfamilies.
"With the skills I have gained from the Chinese, I cannot failin life. I have been doing building work here and am sure even whenI leave I can apply these skills elsewhere," Jonath Kayagi toldXinhua.
For youths like Sewalu, they hope to go back to school aftersaving enough money is becoming alive.
Sewalu dropped out of school after failing to raise universitytuition fees. Last year he joined the construction of theexpressway to earn some money.
"I have a bank account where I save some money that I will useto pay my tuition fees when I go back to school Eddie Jackson Bears Jersey ," he toldXinhua.
"The Chinese are very hardworking and I have learnt from themthat I don't have to feel sorry for myself for the situation amin," Sewalu said.
According to World Bank figures, Uganda has one of the youngestand most rapidly growing populations in the world. About 53 percentof Uganda's population is younger than 15 years, well aboveSub-Saharan Africa's average of 43.2 percent.
About 500,000 people are expected to enter the labor marketevery year Tarik Cohen Bears Jersey , hence the number of new entrants into the labor forcewill be growing and will be younger in the next few decades;currently, 64 percent of the unemployed are aged 24 and under.
Experts have argued that Uganda can take advantage of theincreasing population by equipping youths with vocationalskills.
They argue that increasing Chinese investment in the eastAfrican country is partly solving the unemployment problem.
Figures by the Chinese Enterprises Chamber of Commerce in Ugandashow that over 40,000 jobs have so far been created by the Chineseenterprises in the country. Enditem
by Peter Barker, Gui Taop
LONDON, Aug. 14 (Xinhua) -- The economic performance of the five leading emerging economies of the BRICS group exceeds expectations of the man who first came up with the acronym Adam Shaheen Bears Jersey , the inventor of the term told Xinhua in a recent interview.
Former Goldman Sachs chief economist Jim O'Neill coined the acronym BRIC in 2001 to cover the nations Brazil, Russia, India and China (South Africa later joined to make the term BRICS) as economies which would blossom in the 21st century and take the lead in global business.
"Sixteen years later the BRICS share of global GDP (gross domestic product) is bigger than every scenario I projected," O'Neill said.
His comments came weeks ahead of the ninth BRICS summit which is to be held in the Chinese city of Xiamen early next month.
O'Neill predicted in his 2001 paper "Building Better Global Economic BRICS" that the BRICS nations by now would have a combined economic worth of about 11.6 trillion U.S. dollars. Their actual worth is about 16.6 trillion dollars this year.
The first decade of this century was a period in which the group reached and then more than fulfilled the potential that O'Neill foresaw in 2001, and which has made the world sit up and take notice.
Average annual growth rates for the BRICS nations from 2001-2011 were John Timu Youth Jersey , according to the International Monetary Fund (IMF) -- Brazil 3.8 percent, Russia 4.8 percent, India 7.8 percent, China about 10.7 percent and South Africa 3.7 percent.
The second decade has seen less stellar progress for the nations, as the world economy recovers from the financial crisis and nations like China are embarking on a different phase of development.
The nations have collaborated and now meet regularly as a group. They have set up a development bank called the New Development Bank Mitch Unrein Youth Jersey , based in Shanghai.
O'Neill also noted a very recent development in bilateral trade between China and Germany, one of Europe's leading economies.
In 2016, China became Germany's largest trade partner, with trade between the two nations surpassing 150 billion dollars.
"It's good. A lot of these forces are happening. Here's an important statistic about global trade -- China became Germany's largest trading partner. Hugely symbolic for BRICS countries," said O'Neill Nick Kwiatkoski Youth Jersey , who believed the BRICS success story is for the long term.
LONG-TERM SUCCESS
O'Neill hits back at those who have said that the BRICS is losing its shine.
To focus merely on a slowdown in the combined growth of the economies is missing the point, said O'Neill.
China's economy continued its steady expansion in the first half of this year with its GDP up 6.9 percent year-on-year to about 38.2 trillion yuan (5.6 trillion dollars), according to the country's National Bureau of Statistics.
Russia and Brazil suffered recessions in recent years, but Brazil's economy grew again in the first quarter of this year after a protracted recession and Russia achieved a growth rate of 2.
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