Thursday, April 30, 2009

China and Arab nations simultaneously to deal with economic urgent position

By Zou himfr

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 biggest evolving homeland, the Arab nations are furthermore evolving a exclusive plate. Strong influence in this, engaging a broad variety of worldwide economic urgent position, both financial and communal development at a vital stage.

Attended from 21 to 22, held in Hangzhou, the General Assembly the Secretary-General of the Arab monetary integration Gyawali Ahmed said, "the global fiscal critical purpose has fetched us new tests, the General Assembly to convene in China and Arab nations gave a good possibility to alleviate the fiscal critical purpose to consider the consequence of the critical purpose depart hand in hand. "

"The present international economic urgent position is a foremost task." CCPIT Yu Ping, vice leader said that in the urgent position on the financial influence of very large entities, the China-Arab of the two edges should reinforce associates and discussions to farther open up more trade goods, the usual trade convenience for more assesses to pace up the development of product 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 present 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 midpoint annual expansion 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 some Arab nations have noted bilateral monetary, trade and practical support accords, financial endeavour security and avoidance of two times 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. - 2364

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