China and Arab nations simultaneously to deal with economic urgent position

In rank to “meet the contest, mutual gain and win-win” as the subject of “Sino-Arab Cooperation Forum and Investment Symposium Entrepreneurs”, China and Arab nations have showed that they should fortify trade, financial endeavour, money and other paddocks, a total of development, hand in hand to deal with the consequence of fiscal crisis.

China is the world’s greatest deducing nation, the Arab nations are in addition deducing a sole plate. Strong consequence in this, including a large assortment of global fiscal critical purpose, both monetary and public development at a very valued stage.

Attended from 21 to 22, held in Hangzhou, the General Assembly the Secretary-General of the Arab economic integration Gyawali Ahmed said, “the international financial crisis has brought us new challenges, the General Assembly to convene in China and Arab countries provided a good opportunity to alleviate the financial crisis to discuss the impact of the crisis go hand in hand. ”

“The current global financial crisis is a major task.” CCPIT Yu Ping, vice president said that in the crisis on the economic impact of very large entities, the China-Arab of the two sides should strengthen contacts and consultations to further open up more trade products, the normal trade convenience for more measures to speed up the development of commodity trade.

It is comprehended that at present China to the Arab country’s principle trade overseas are equipment and using electronics yield, garments, textiles, boots, gets tired, tour wares, etc.; deals from Arab nations chiefly oil yield, chemical raw elements, chemical fertilizer, enhanced oil, aluminum products.

Statistics show that in the Sino-Arab Cooperation Forum was formally established in the first year – 2004, the Sino-Argentine bilateral trade amounted to 36.7 billion U.S. dollars; By 2008, this trade amounted to 132.8 billion U.S. dollars, with an average annual growth rate of 38%.

Yu Ping said that from the diagrams, on the one hand, that the Arab market has many capability for Chinese financial gatherings is very attractive. On the other hand, the Arab market demand of China’s large reporting, both the need for high-end yield, but in addition the necessities of life, Chinese yield in the Arab nations to extend the capability market share fairly.

Arab representatives said that the Arab-Israeli economic relations should be diversified, with the exception of the energy sector should strengthen cooperation in trade, investment, tourism, technology, culture, education, cooperation, China’s imports from Arab countries should also be the goods from the energy, minerals, raw materials, such as expansion into other areas, such as medicine, food, olive oil, vegetables, fruits and other goods, some Arab.

“Solve the financial crisis is not just a problem of which country to work and require the joint efforts of all, we hope that the Arab countries as a whole, from a strategic point of view with China to strengthen economic, trade, investment and cultural cooperation in various fields. “This is heard from the meeting of Arab officials, entrepreneurs in the universal voice.

Yu Ping said that the Chinese government has with several Arab nations have marked bilateral financial, trade and mechanical collaboration affirmations, buying into defence and avoidance of twice taxation agreements.

To conceive better situation for bilateral trade, China CCPIT will furthermore reinforce the work of assemblage of market data, with the Arab enterprise community to reinforce the associates and data exchange to endow productive and timely transmission of data to both edges of the enterprise, to search market possibilities for their Project Butt, enterprise opportunities.

In augmentation, because the Arab quite undiversified monetary structure, frail scope for, constricted the sorts of trade overseas yield, the Chinese boundary in addition articulated its eagerness to trade with the Arab States of the administration for them to redevelopment their yield, to extend the sorts of kinds to find shoppers in China give the needed services and training.