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by Zou himfr

In order to "meet the challenge, mutual benefit and win-win" as the theme of "Sino-Arab Cooperation Forum and Investment Symposium Entrepreneurs", China and Arab countries have indicated that they should strengthen trade, investment, finance and other fields, a total of development, hand in hand to deal with the impact of financial crisis.

China is the world's largest developing country, the Arab countries are also developing a unique plate. Strong impact in this, involving a wide range of international financial crisis, both economic and social development at a crucial 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 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 understood that at present China to the Arab country's main exports are machinery and electronic products, garments, textiles, shoes, tires, travel goods, etc.; imports from Arab countries mainly oil products, chemical raw materials, chemical fertilizer, refined 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 numbers, on the one hand, that the Arab market has large promise for Chinese businesses is very attractive. On the other hand, the Arab market demand of China's broad treatment, both the need for high-end goods, but furthermore the necessities of life, Chinese goods in the Arab nations to elaborate the promise market share fairly.

Arab representatives said that the Arab-Israeli monetary family should be diversified, with the omission of the vitality subdivision should fortify support in trade, financial endeavour, tourism, technical knowledge, society, training, support, China's deals from Arab nations should in addition be the wares from the vitality, minerals, raw elements, for instance expansion into other environs, for instance doctors, sustenance, olive oil, vegetables, fruits and other wares, some Arab.

"Solve the fiscal critical purpose is not just a obstacle of which nation to work and demand the connection efforts of all, we expect that the Arab nations as a total, from a strategic purpose of scenery with China to fortify monetary, trade, financial endeavour and social support in assorted fields. "This is discovered from the assembly of Arab representatives, 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 create better conditions for bilateral trade, China CCPIT will also strengthen the work of collection of market information, with the Arab business community to strengthen the contacts and information exchange to enable effective and timely transmission of information to both sides of the business, to seek market opportunities for their Project Butt, business opportunities.

In supplement, because the Arab somewhat undiversified financial structure, feeble capability, restricted the kinds of trade items goods, the Chinese edge furthermore conveyed its enthusiasm to trade with the Arab States of the associations for them to improvement their goods, to elaborate the kinds of diversity to find purchasers in China supply the essential services and training.

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