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The 5th China-Arab States Expo has concluded in Ningxia Hui Autonomous Region today with deals worth over 150 billion yuan, or 24 billion US dollars, inked during the event. Dai Kaiyi has the details.
With nearly 280 deals signed, the 5th China-Arab States Expo wraps up its four-day schedule on Saturday.
Eight national level projects were signed at the Expo with total investment of more than 11 billion yuan. These include a Red Sea integrated smart energy investment project, and a floating photovoltaic project in Indonesia.
Eight provinces and cities, including Beijing, Zhejiang and Guangdong, have also signed 12 investment projects with Arab countries and other countries along the Belt and Road routes with the total investment volume hitting nearly 7.5 billion yuan for these.
KONG GUOHUA Deputy Chief of Ningxia's Department of Commerce "The signing of these deals reflects the role of the Expo being further highlighted. And its effectiveness in serving the joint construction of the Belt and Road has been improved."
The signed deals cover areas ranging from infrastructure and clean energy, to manufacturing and bio-medicine.
Nearly 200 of the deals signed are in investment projects totaling more than 150 billion yuan. There are 24 trade projects with contracts valued at more than 2.7 billion yuan.
Three policy reports were released during the Expo, covering economic and trade relations between China, the Arab states and South-South cooperation.
KONG GUOHUA Deputy Chief of Ningxia's Department of Commerce "The signing of these cooperation agreements and the establishment of these mechanisms have further expanded the areas of cooperation, and at the same time enriched and improved the cooperation mechanisms between China and the countries along the Belt and Road Initiative in technology, energy and other industries."
Chinese President Xi Jinping says the event will elevate the strategic partnership between China and the Arab states. He said he hopes there will be more efforts to build a China-Arab community with a shared future. DKY, CGTN, Yinchuan, Ningxia Hui Autonomous Region.
https://news.cgtn.com/news/2021-08-22/VHJhbnNjcmlwdDU3ODM0/index.html
With nearly 280 deals signed, the 5th China-Arab States Expo wraps up its four-day schedule on Saturday.
Eight national level projects were signed at the Expo with total investment of more than 11 billion yuan. These include a Red Sea integrated smart energy investment project, and a floating photovoltaic project in Indonesia.
Eight provinces and cities, including Beijing, Zhejiang and Guangdong, have also signed 12 investment projects with Arab countries and other countries along the Belt and Road routes with the total investment volume hitting nearly 7.5 billion yuan for these.
KONG GUOHUA Deputy Chief of Ningxia's Department of Commerce "The signing of these deals reflects the role of the Expo being further highlighted. And its effectiveness in serving the joint construction of the Belt and Road has been improved."
The signed deals cover areas ranging from infrastructure and clean energy, to manufacturing and bio-medicine.
Nearly 200 of the deals signed are in investment projects totaling more than 150 billion yuan. There are 24 trade projects with contracts valued at more than 2.7 billion yuan.
Three policy reports were released during the Expo, covering economic and trade relations between China, the Arab states and South-South cooperation.
KONG GUOHUA Deputy Chief of Ningxia's Department of Commerce "The signing of these cooperation agreements and the establishment of these mechanisms have further expanded the areas of cooperation, and at the same time enriched and improved the cooperation mechanisms between China and the countries along the Belt and Road Initiative in technology, energy and other industries."
Chinese President Xi Jinping says the event will elevate the strategic partnership between China and the Arab states. He said he hopes there will be more efforts to build a China-Arab community with a shared future. DKY, CGTN, Yinchuan, Ningxia Hui Autonomous Region.
https://news.cgtn.com/news/2021-08-22/VHJhbnNjcmlwdDU3ODM0/index.html
