Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Sino-Arab forum boosts ties  Join our daily free Newsletter

MENAFN - Arab News - 05/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) China is the arab region's second largest trading partner asserted chinese foreign minister wang yi during an exclusive interview with arab news ahead of the china-arab states cooperation forum (cascf) in beijing today.

the 6th ministerial meeting of the cascf will bring delegates from arab states and the arab league with their chinese counterparts to discuss further cooperation in economic political cultural and educational fields. the meeting also marks the 10th anniversary since the launch of the sino-arab forum in 2004.

'the meeting is a significant diplomatic move initiated by the chinese government toward the arab region and aims to build upon past achievements to shape the future" yi said.

the minister underlined the fruitful cooperation witnessed over the past decade between china and arab states noting that over 20 universities in china now offer arabic language programs. he added that in return 11 confucius institutes and one cri confucius classroom have been established in eight arab countries.

he also highlighted that over 10000 students from across the arab world are studying in china while eight arab states have become leading tourist destinations for chinese citizens. as a result 145 weekly flights operate between china and arab states with over 830000 mutual visits made every year.

the minister said that over the past decade china trained 15676 arab personnel from various professions sent 5338 medical personnel to nine arab states and provided strong intellectual support for the development of various projects to the region. yi said that given these observations it would be safe to proclaim that the two sides enjoy strong fraternal ties.

'the two sides have always treated each other with sincerity trust and stayed the course of strategic cooperation. the two sides have also always pursued pragmatic efficient and mutually beneficial cooperation and sought common development by sharing opportunities. in addition the two counterparts have promoted an approach of openness inclusiveness and sought common grounds which has brought their citizens closer to one another" the minister observed.

'china has supported arab states in independently exploring development paths compatible with their national conditions and in restoring the legitimate rights of their nations including palestine's right to an independent state" he said adding: 'likewise arab states extended invaluable support to china on issues concerning china's major interests and core concerns and provided generous assistance to china in time of disasters such as the wenchuan earthquake."

he added: 'during the past ten years the council of foreign ministers of the arab league (cfmal) adopted resolutions on strengthening sino-arab friendly relations in various fields. cooperation with china has become a consensus among arab states."

on the economic front yi said the past decade has witnessed major trade and economic cooperation as trade between both sides surged from 25.5 billion to 238.9 billion with the average annual growth rate exceeding 25 percent.

he said china's import of crude oil from arab states rose from 40.58 million tons to 133 million tons growing by over 12 percent every year on average. the value of new engineering contracts signed by chinese businesses in arab states grew from 2.6 billion every year to 29.1 billion registering an annual growth rate of around 27 percent.

the arab world is also china's primary partner in energy and a major market for engineering contracts and overseas investment he noted. in recent years sino-arab cooperation in emerging sectors including finance space and new energy has also thrived and shown good momentum.


 


Arab News




  MENA News Headlines
 Jan 31 2015 - Vodafone Qatar revenue up 21 percent in 9MMENAFN
(MENAFN) Vodafone Qatar's said its total revenue grew by 21 percent to USD474.59 billion for the nine months ended December 31, 2014, The Peninsula Qatar reported.The company's mobile customer base ...

 Jan 31 2015 - Qatar Airways to acquire 10 percent of IAGMENAFN
(MENAFN) Qatar Airways announced that it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe, Arab News ...

 Jan 31 2015 - Saudi RCJY signs three deals worth USD138.25mMENAFN
(MENAFN) Chairman of the Royal Commission for Jubail and Yanbu (RCJY) signed three contracts worth USD138.25 million to provide essential equipment and develop industrial zones, Arab News ...

 Jan 31 2015 - Saudi- Outspoken prince to launch pan-Arab news channelThe Peninsula
(MENAFN - The Peninsula) An outspoken, billionaire Saudi prince will on Sunday launch a pan-Arab satellite news channel aimed at challenging established networks in the region.Prince Alwaleed bin ...

 Jan 31 2015 - Qaeda in Yemen says France top enemyThe Peninsula
(MENAFN - The Peninsula) The ideological leader of Yemen-based Al-Qaeda in the Arabian Peninsula (AQAP) said Friday that France had surpassed the United States as the top enemy of Islam.With the ...

 Jan 31 2015 - Qaeda group launches assault on Western-backed Syria rebelsThe Peninsula
(MENAFN - The Peninsula) Al-Qaeda's affiliate in Syria battled Western-backed rebels Friday as the jihadists pressed their bid to seize control of northern areas, a monitoring group and rebels ...

 Jan 31 2015 - Iraq- Air strike kills IS 'chemical weapons expert'The Peninsula
(MENAFN - The Peninsula) A US-led coalition air strike killed a chemical weapons specialist with the Islamic State group in Iraq who once worked for Saddam Hussein, US military officers said ...

 Jan 31 2015 - FM honours Qatari missionsThe Peninsula
(MENAFN - The Peninsula) The second annual general meeting of heads of Qatar's diplomatic, consular and representative missions abroad ended in the presence of the Foreign Minister H E Dr Khalid bin ...

 Jan 31 2015 - Qatar- Demand for books declines as craze for movies risesThe Peninsula
(MENAFN - The Peninsula) The charm of printed words is fading away in Qatar and the craze for movies is peaking, according to report released by the Ministry of Development Planning and ...

 Jan 31 2015 - Qatar- HBKU hosts graduate students from USThe Peninsula
(MENAFN - The Peninsula) Hamad Bin Khalifa University (HBKU), a member of Qatar Foundation for Education, Science and Community Development (QF), hosted 25 faculty, staff and graduate students from ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help