Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    Closer biz links with Arab nations on cards

    By ZHONG NAN | China Daily | Updated: 2023-08-01 09:25
    Share
    Share - WeChat
    A Chinese technician (right) interacts with employees at a joint venture refinery in Saudi Arabia. WANG HAIZHOU/XINHUA

    China will enhance business ties with Arab countries by closely collaborating in key areas like regional connectivity, green energy and infrastructure development, senior Chinese government officials said on Monday, as the country aims to expand high-quality cooperation under the framework of the Belt and Road Initiative.

    Besides encouraging domestic companies to construct conventional infrastructure such as ports and power stations, China and Arab nations have abundant opportunities to broaden their partnership in diverse domains, transcending the traditional confines of the oil and gas sector, said Li Fei, China's vice-minister of commerce.

    Li made the remarks in a speech ahead of the sixth China-Arab States Expo, which will be held from Sept 21 to 24 in Yinchuan, the capital of Ningxia Hui autonomous region in Northwest China.

    Both sides can also unlock new avenues of cooperation and mutual benefit by delving into areas such as green energy, finance, infrastructure and information technology, Li told a news conference in Beijing.

    He also said there are enormous prospects for cooperation between Chinese and Arab companies in the photovoltaic, solar thermal and new energy vehicle sectors.

    The expo this year will feature activities in the digital economy, clean energy, water resources, modern agriculture, green food, cross-border e-commerce and tourism, with a special focus on technology and healthcare, said Wang Li, vice-chairman of the Ningxia Hui autonomous region.

    Bilateral trade between China and Arab nations remained stable in the first half of 2023, reaching $199.9 billion. Meanwhile, Chinese investment in Arab states grew 7 percent year-on-year to $1.44 billion, while investments by Arab countries in China hit $2.15 billion, data from China's Ministry of Commerce showed.

    Ajlan & Bros Holding Group, a Saudi Arabia-based conglomerate, signed investment deals worth 60 billion yuan ($8.4 billion) with 15 Chinese companies, including China Harbour Engineering Co Ltd and SF Express, late last year. It plans to further expand in the Chinese market, especially in fast-growing trade in services sector, the company said.

    China's economic growth is driven by various factors, including exports and domestic demand, the demographic dividend and strong adaptability to global trade. The country has become an indispensable link in the international supply chain that is difficult to replace, said Mohammed Bin Abdulaziz Alajlan, deputy chairman of ABHG.

    Meanwhile, CRRC Qingdao Sifang Co Ltd, a Shandong province-based subsidiary of China Railway Rolling Stock Corp, will supply diesel-powered multiple unit passenger trains to Etihad Rail of the United Arab Emirates in the coming months. These trains will be put into service in 2025.

    The supply contract includes three DMU passenger trains with a top speed of 200 kilometers per hour, a purchase option of an additional 20 trains and maintenance service for all trains for 15 years, said Wang Liang, vice-president of the overseas business unit at CRRC Qingdao Sifang.

    This is the first time that China will export DMU passenger trains to the UAE, a move that is expected to significantly enhance passenger services of the mainline railway network in the Middle Eastern country, Wang said.

    "These trains will be manufactured with internationally advanced standards and technology, and can run in hot and sandy conditions," said Wang, adding that they are expected to be the fastest DMU trains in the world.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    久久亚洲精品中文字幕三区| 人妻丰满熟妇AV无码区乱| 国产成人无码专区| 无码人妻丰满熟妇区BBBBXXXX| 久久精品aⅴ无码中文字字幕重口| 久久久久久无码Av成人影院| 精品无码久久久久国产动漫3d| 无码中文字幕乱在线观看| 精品久久久久久无码中文字幕 | AV无码久久久久不卡网站下载| 亚洲福利中文字幕在线网址| 亚洲熟妇中文字幕五十中出| 国产亚洲精品无码拍拍拍色欲 | 88久久精品无码一区二区毛片 | 67194成l人在线观看线路无码| 伊人久久综合精品无码AV专区| 国产高清中文手机在线观看| 熟妇人妻无码中文字幕 | 久久久中文字幕| 中文亚洲AV片不卡在线观看| 亚洲精品无码成人片在线观看 | 最近2018中文字幕免费视频| 久久久噜噜噜久久中文字幕色伊伊| 乱人伦人妻中文字幕无码| 18禁黄无码高潮喷水乱伦| 国产办公室秘书无码精品99 | 亚洲äv永久无码精品天堂久久 | 无码任你躁久久久久久| 免费无码专区毛片高潮喷水| 人妻一区二区三区无码精品一区| 无码AⅤ精品一区二区三区| 好硬~好爽~别进去~动态图, 69式真人无码视频免 | 日韩av片无码一区二区三区不卡| 精品无码人妻一区二区三区不卡| 成人午夜福利免费专区无码| 国产成年无码久久久久毛片| 免费无码婬片aaa直播表情| 无码精品人妻一区二区三区免费| 亚洲av无码专区在线观看素人| 亚洲午夜福利精品无码| 无码人妻精品中文字幕|