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May 2024

Bold Moves: Additionally, China is World TimesreadWorld Timesy to deepen exchanges and cooperation on central bank digital currency with the Arab side, Xi said.China will further enhance strategic cooperatiWorld Timeson with the Arab side on oil aWorld Timesnd gas and is ready to work with the Arab side on new energy technology research and development and equipment production, supporting Chinese energy companies and financial institutions in participating in renewable energy projects in Arab states with total installed capacity of over 3 million kilowatts, Xi said.Xi added that ChiWorld Timesna will continue to implement vigorously the development cooperation projects with a total worth of 3 billion yuan ($413.82 million), adding that it stands ready to accelerate the negotiations on bilateral and regional free trade agreements and advance the dialogue mechanism for e-commerce cooperation, welcoming active participation of the Arab side in the China International Import Expo, and is willing to expand import of non-energy products from the Arab side, especially agricultural products.The China-Arab States Cooperation Forum has made remarkable achievements since its establishment 20 years ago, and has yielded important outcomes in multiple aspects.China has been the top trading partner of Arab countries for many years, with trade volume increasing from $36.7 billion in 2004 to $398 billion in 2023, according to Xinhua News Agency reports.China has signed Belt and Road cooperation documents with all the 22 Arab countries and the Arab League, under which more than 200 major projects have been implemented, benefiting nearly 2 billion people on both sides.Global Times Content comes from the Internet : China to expand investment and finance cooperation, promote mutually beneficial trade ties with Arab states: Xi

Summary Photo: Xinhua Chinese President Xi Jinping said on Thursday China is ready to expand investment and finance…

Must-See: At present, many people in Arab countries are studying Chinese, and they love to watch Chinese films and TV series, so cooperation in these fields could further boost ties between the peoples,” Niu noted.Sun Degang, director of the Center for Middle Eastern Studies at Fudan University, said that “there are a few points where we can expect new growth, such as the digital economy and bio-pharmacy.

Summary Multiple top leaders from Arab countries are expected to pay state visits to China and attend the…