xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Trade

China-Arab States representatives seek further cooperation under the BRI

September 06, 2019


Abstract : Some 600 business representatives gathered Thursday on China-Arab States Business Summit in Yinchuan, Ningxia Hui Autonomous Region, sharing insights and seeking further economic and trade cooperation between China and Arab States.

BEIJING, Sept. 6 (Xinhua) -- Some 600 business representatives gathered Thursday on China-Arab States Business Summit in Yinchuan, Ningxia Hui Autonomous Region, sharing insights and seeking further economic and trade cooperation between China and Arab States.

Themed on Promoting Economic and Trade Exchanges and Advancing Practical Cooperation, the summit attracted representatives of government departments, chambers of commerce and business associations, enterprises of China and Arab States as well as other countries related to the Belt and Road, acting as a high-end platform for policy release, dialogue and cooperation under the framework of the ongoing China-Arab States Expo.

China and Arab States are complementary in terms of economy with development strategies aligned with each other, according to Chen Jian'an, vice chairman of China Council for the Promotion of International Trade (CCPIT), noting that the Belt and Road Initiative (BRI) provides new platform for further cooperation.

The CCPIT will join forces with relevant institutions in Arab States to carry out more cooperation projects for mutual benefits, Chen said in a speech delivered at the summit.

It is noted that Arab States now have become China's most important market for contracting projects and partner for outbound investment. In 2018, trade volume between China and Arab States reached 244.3 billion U.S. dollars with Chinese enterprises inking new contracting deals worth up to 35.6 billion U.S. dollars and making investment of 1.2 billion U.S. dollars in Arab countries.

Arab States are important partners to the Belt and Road construction and the Arab League will actively advance cooperation and dialogues for the implementation of relevant polices and strategies, according to Mahmoud Hassan Elamin, head of the Representative Office of the Arab League in Beijing.

The summit also saw the release of Development Process of China-Arab States Economic and Trade Relations Annual Report 2018 as well as Research Report on Third-Party Market Cooperation Opportunities between China and Arab States. (Edited by Niu Huizhe, [email protected])

Scan the QR code and push it to your mobile phone

Keyword: China-Arab States Expo

Reading:

Xi'an takes over the role of the Silk Road portal for Made in Italy

Forum on East Asia marine cooperation starts in China

China's iconic sedan brand Hongqi sees sales surge from Jan-Aug

Feature: E-commerce in Middle East flourishes with participation of Chinese companies

Economic Watch: Sea change in China's energy sector in 70 years

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial