Qatari-Chinese Business Forum Discusses Investment Opportunities -1

For his part, Commercial Attache of the People's Republic of China to the State Shen Yu said in a speech during the Qatari-Chinese Business Forum, that the past decade has witnessed the rapid development of Qatari-Chinese relations, noting that over the past ten years, bilateral relations have developed and moved to an important stage.

He stressed the keenness of the leaderships of the two countries to consolidate Qatari-Chinese relations and launch them towards wider horizons, pointing to the increase in the volume of trade exchange between the two countries to approach $25 billion, and China has become one of the largest commercial partners of the State of Qatar.

Shen Yu pointed out that the Arab-Chinese strategic partnership relations have achieved continuous progress, as cooperation in the Belt and Road Initiative has reached new levels, in addition to establishing a set of strategic partnership relations between the two sides, making China the most important partner in trade for Arab countries.

In turn, Director of Trade in the Province of Guangdong Ma Hua, spoke about the constantly improving business environment in the province, including more than 300,000 foreign-invested companies, saying that last year, the total value of foreign trade for the Province of Guangdong was 8.31 trillion yuan (1.2 trillion US dollars), representing 19.8 percent of total trade in China.

He pointed out that the Province of Guangdong is a major economic force in China, and that it will enhance high-quality development in the current year by promoting new growth engines and promoting cooperation and communication in the Greater Bay Area of Guangdong-Hong Kong-Macao, as well as deepening reform and opening up.

As for Badr Director of Investment Promotion at the Free Zones Authority Al Muzdadi he touched on the advantages that Qatar offers to attract foreign investment, pointing out that the most important feature of the free zones in Qatar is their strategic location, as they are located 30 minutes from the center of Doha, and they are also located near Hamad International Airport and Hamad Port, which have won international awards and represent the investor's gateway to the world.

Source: Qatar News Agency