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China Arab cooperation in building the the Belt and Road opens a new chapter
Seetao 2024-02-04 16:56
  • This mutually beneficial and win-win cooperation model has become an important component of China Arab relations
  • This collaborative project demonstrates the positive role of Chinese enterprises in promoting local economic development
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The Abu Ghir container terminal project in Egypt has completed the official opening and operation of a 600 meter quay line, and part of the Saudi Arabia New Future City Tunnel Adit project has been completed and handed over. In addition, the first three office buildings of the Central Business District project in Egypt's new administrative capital have also started the acceptance process. The successful acceptance of these projects marks the continuous deepening of cooperation between China and Arab countries in jointly building the the Belt and Road, which has brought tangible benefits to both sides.

In the period of world change with frequent changes and turbulence, China and Arab countries, as natural partners in the joint construction of the the Belt and Road, discuss and jointly build common development, so that the the Belt and Road will blossom in the vast desert. Facing the future, China Arab practical cooperation is full of vitality, and high-quality joint construction of the the Belt and Road has broad prospects.

2023 is the tenth anniversary of the the Belt and Road Initiative. This year, nearly 20 Middle Eastern countries attended the Third the Belt and Road International Cooperation Summit Forum in a high standard, and the joint construction of the the Belt and Road between China and Arab countries ushered in a new stage of higher quality and higher level development. This year, China and Jordan signed a memorandum of understanding to jointly promote the construction of the the Belt and Road. So far, the joint construction of the the Belt and Road has achieved "full coverage" of all 22 Arab countries and the League of Arab States. In the first half of 2023, the trade volume between China and Afghanistan reached 1999 billion US dollars, and China's new direct investment in Afghanistan increased by 7% year-on-year.

Over the years, China and Arab countries have deepened cooperation under the framework of the joint construction of the the Belt and Road, consolidated the stock, expanded the increment, and achieved simultaneous progress in many fields, such as traditional energy and new energy, traditional infrastructure and new infrastructure, traditional commerce and trade, and new technology. Both sides have implemented multiple large-scale cooperation projects, which have not only benefited nearly 2 billion people in both countries, but also effectively promoted the circulation of goods, funds, technology, and personnel in relevant regions. Keywords: the Belt and Road news, the Belt and Road project, overseas project.

Egyptian Prime Minister Madbury stated that the Central Business District project in Egypt's new administrative capital is a symbol of friendship between China and Egypt. During the project implementation process, Chinese enterprises introduced and adopted advanced management models and construction technologies, providing employment opportunities for local workers and promoting the development of Egypt's construction industry. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen

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