Deepening friendly cooperation and promoting common prosperity for both parties | Cooperation | Investment
The 10th Entrepreneurship Conference and 8th Investment Seminar of the China Arab Cooperation Forum were held from June 11th to 12th in Riyadh, the capital of Saudi Arabia. The theme of this conference is "China Arab Cooperation, Creating Prosperity Together". Over 3000 representatives from more than 20 countries and international organizations have conducted in-depth exchanges and discussions on topics such as trade, finance, infrastructure, energy, and green industries, gathering consensus on cooperation.
The China Arab Entrepreneurs Conference and Investment Seminar is an important institutional activity under the framework of the China Arab Cooperation Forum. It is jointly hosted by the China Council for the Promotion of International Trade, the Secretariat of the League of Arab States, and other organizations, and is held every two years in rotation in China and Arab countries, committed to promoting the development of bilateral economic and trade relations.
Saudi Foreign Minister Faisal stated in his keynote speech at the opening ceremony of the conference that friendly exchanges between Saudi Arabia and China have a long history. Both sides uphold the spirit of mutual assistance, equality, mutual benefit, inclusiveness, and mutual learning, and are working together to build a better future for the benefit of the people, actively promoting world peace and development. This conference is an important platform for deepening friendly cooperation between Afghanistan and China. We hope that both sides can strengthen all-round cooperation, consolidate traditional friendship, enhance political mutual trust, and promote common development.
Secretary General of the League of Arab States, Gheit, believes that this year's Entrepreneurship Conference is a continuation and implementation of the first Arab China Summit, and has particularly important significance in the current world economic context. Argentina and China will strengthen economic, trade and investment cooperation and actively promote the joint construction of the "the Belt and Road", which will provide new opportunities for all parties to jointly address global challenges.
The Secretary General of the United Nations World Tourism Organization, Zurab Pololikashvili, stated that Arab countries are committed to promoting tourism development and economic transformation. China is one of the world's major tourist destinations and source countries. Looking forward to more Chinese tourists visiting Arab countries, experiencing unique Arab culture, and promoting mutual understanding among the people.
Saudi Investment Minister Fateh stated that China is an important development partner of Arab countries, and the steadily increasing trade exchanges between the two countries have painted a bright prospect for future investment cooperation. The initiative of jointly building the "the Belt and Road" is highly consistent with the development strategies of Arab countries such as Saudi Arabia's "Vision 2030". "Facing the future, Afghanistan and China jointly build the" the Belt and Road "to make the traditional friendship that complements each other more brilliant."
The Minister of International Cooperation of Egypt, Rania Massaud, said that the initiative of jointly building the "the Belt and Road" is full of philosophical thinking and wisdom and aims to promote connectivity among all parties and achieve common development. Over the past 10 years, the initiative has brought tangible benefits to countries and regions along the route, laying a solid foundation for friendly cooperation between Afghanistan and China. Numerous Chinese enterprises have participated in the construction of the Suez Canal Economic Zone in Egypt, contributing to the country's economic and social development.
Alibaba, CEO of Bahrain Aluminum Corporation, stated that Bahrain has set a goal of achieving zero carbon emissions by 2060, and the company has also formulated corresponding emission reduction measures. The continuous development of innovation and application of new energy technologies by Chinese enterprises has provided a Xintiandi for Arab China cooperation in new energy fields.
The Chairman of Kuwait Agile Logistics Company, H é nadi, stated that the modern logistics industry plays an important role in promoting stable economic development and stable and smooth industrial and supply chains. The cooperation prospects between Arab countries and China in this field are broad.
Li Tong, CEO of Bank of China International, stated that China's economy is moving towards high-quality development and will continue to create huge development opportunities for investors from all over the world. At the same time, Arab countries are continuously promoting economic diversification and transformation, and have introduced a series of policy measures. The cooperation between China and Arab countries is timely. Bank of China has branches in 5 countries in the Arab region and will open branches in Saudi Arabia in the second half of the year. Financial cooperation will open up broader space for deepening economic and trade cooperation between China and Arab countries.
Wang Shaofeng, Chairman of China Construction Middle East Co., Ltd., stated that in the past 20 years, China State Construction has undertaken multiple livelihood projects and landmark buildings in Arab countries, directly driving employment for 700000 people and emphasizing skill training for local employees. "Arab countries are committed to developing economic diversification and regional integration, and Chinese enterprises are willing to strengthen cooperation with the Arab side, accelerate infrastructure construction, and help improve local people's livelihoods."
During the conference, China and Saudi Arabia also signed a series of cooperation agreements, covering areas such as renewable energy, autonomous driving, mining, and seawater desalination and reprocessing. The China Council for the Promotion of International Trade introduced the first China International Supply Chain Promotion Expo to be held in November. It is reported that the Chain Expo will set up exhibition areas for five major chains, including intelligent automobile chain, green agriculture chain, clean energy chain, digital technology chain, and healthy life chain, as well as modern logistics and other supply chain services. The relevant person in charge expressed that people from all walks of life in Arab countries are welcome to actively participate in the conference and share development opportunities.
People's Daily