China News Service, Xiamen, September 8th (Reporter Lin Chunyin) From infrastructure investment and construction to the start of industrial parks, from exporting goods to the financial industry, under the policy dividend released by the "Belt and Road" initiative, economic and trade cooperation between China and Arab countries is in progress. Drive into the fast lane.
The 21st China International Investment and Trade Fair opened in Xiamen on the 8th.
As a supporting event, the 3rd China-Arab Economic, Trade and Investment Summit Forum hosted by the UAE China-Arab Satellite TV and the Xiamen Municipal Committee of the China Council for the Promotion of International Trade was held in Xiamen on the 7th.
At present, China has become the number one trading partner of Arab countries.
Statistics show that in 2020, the bilateral trade volume between China and Afghanistan will be 239.8 billion U.S. dollars; in the first half of this year, the bilateral trade volume between China and Afghanistan will reach 144.27 billion U.S. dollars, a year-on-year increase of 25.7%.
Two-way investment covers many fields such as oil and gas, construction, manufacturing, logistics, and electronics.
Mohammed Al Ajilan, vice chairman of Ajilan Brothers Holding Group and chairman of the Saudi-China Business Council, commented on this that the connection between China, Saudi Arabia and the entire Arab world is undergoing profound changes and reshaping. China-China relations have become a model of international cooperation and have strong vitality."
Algerian Ambassador to China Ahsan Bukhalifa, Syrian Ambassador to China Imad Mustafa, Mauritania Ambassador to China Abdullahi Villali and many other ambassadors made speeches or video speeches Said that Arab countries are natural partners of China's "One Belt One Road" initiative.
"The'Silk Road' has a long history, and now the'Belt and Road' has become a link of close cooperation." Jordanian Ambassador to China Husam Husseini introduced the business environment in Jordan on-site, and invited Chinese photovoltaic, manufacturing and Digital economy companies seek cooperation.
After the rapid economic recovery in the post-epidemic period, China has become the "ensemble" of Arab countries seeking to resonate at the same frequency.
UAE Ambassador to China Ali Zahiri said frankly that discussions on bilateral investment, bilateral free trade zones, green innovation, digital economy, financial services and other topics at the current CIFIT will be of great significance to global investment in the post-epidemic era.
Ali Zahiri is concerned about China's 14th Five-Year Plan, which is committed to digital and innovative economic transformation.
He said that the UAE is launching a national development strategy for the next 50 years and a 10-year comprehensive industrial strategic plan. "The common goal of the UAE and China will bring a lot of opportunities for investment and technological exchanges between the two countries, and the scope of cooperation will be expanded to renewable energy and logistics. , Life sciences, artificial intelligence and other next-generation technology fields."
China has now become Saudi Arabia's largest trading nation, and Saudi Arabia is also China's largest trading partner in West Asia.
China’s “One Belt, One Road” initiative, which has been implemented for 8 years, and Saudi Arabia’s “Vision 2030”, which has been implemented for 5 years, have superimposed a promising investment prospect for the industry.
Ayidh M.ALYAMI, representative of the China Office of the Ministry of Investment of Saudi Arabia, said that the "Belt and Road" initiative has released huge opportunities and dividends.
"In the post-epidemic period, the economic and trade cooperation between China and the countries and regions along the'Belt and Road' route has a strong rebound momentum, and cooperation in the digital economy has unlimited potential."
As Saudi Arabia's largest private company in China, Ajilan Brothers Holding Group is creating a "comprehensive industrial city".
Mohamed Al Ajilan said that this is to create a special economic zone for Chinese investors, which is expected to contribute more than 5% of Saudi Arabia's non-oil GDP.
"In the post-epidemic period, China-Arab economic and trade cooperation has shown strong resilience and vitality." Zhu Hongqi, vice chairman of the Xiamen Committee of the China Council for the Promotion of International Trade, predicted that China and Arab countries will further develop in emerging areas such as digital economy, new energy, and artificial intelligence. Strengthen cooperation.
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