On Formation of Chinese Patterns of Investment to Africa——A Retrospect of China's Investment to Africa in 50 years

China's investment to Africa bagan in 1950s,aminly in direct investment.The protruding feature of the investment is that it was promoted by the government and was of state act;the main investors were state-owned enterproneurs;investment and trade,aid went with each other.To 1990s,Chinese investment to Africa bagan to take shape.At the beginning of the new century,with the going out strategy,Chinese investment to Africa speeded up.The number of Chinese entreproneurs increased,the investment scale became bigger,the investment field widened,the investors became versatile,thus,China's investment to Africa began to take prilimary shape.The fund source of China's investment to Africa is versatile,the main investment field and target market are comparatively focused,and the investment had good benefit,but problems still exist.