Core Insights - The China-Arab economic and trade cooperation has achieved significant results, with a trade volume exceeding $400 billion in 2024, reaching $407.4 billion, a year-on-year increase of 2.3% [1][2] Trade Level - The trade volume between China and Arab countries reached $407.4 billion in 2024, with China exporting $206 billion and importing $201.4 billion from Arab nations [1] - China has maintained its position as the largest trading partner of Arab countries for several consecutive years, with products like Saudi shrimp, Tunisian olive oil, Sudanese sesame, and Egyptian oranges gaining popularity among Chinese consumers [1] Investment Trends - There is a continuous increase in bilateral investments, with Chinese companies establishing multiple industrial parks in Egypt, UAE, and Saudi Arabia, focusing on sectors such as metal smelting, building materials, cotton spinning, and aquaculture [1][2] - Arab sovereign wealth funds and enterprises are actively investing in China, particularly in petrochemicals, new energy, and technology sectors, leading to mutually beneficial outcomes [1] Infrastructure Cooperation - Chinese enterprises are actively involved in engineering projects across Arab countries, expanding from traditional construction to high-speed rail, power plants, oil pipelines, telecommunications, and ports [2] - Notable projects include the Algeria East-West Highway, UAE Khalifa Port Container Terminal, Qatar Lusail Stadium, Egypt's New Administrative Capital CBD, and Saudi Al-Shubha Solar Power Plant [2] Emerging Fields - There is a growing collaboration in emerging fields such as e-commerce, cloud computing, artificial intelligence, green low-carbon technologies, and fintech [2] - Chinese companies are building 5G commercial networks in Arab countries, enhancing local information technology levels, and Chinese e-commerce platforms are entering markets in Morocco, Saudi Arabia, and Egypt [2] Overall Cooperation Framework - The China-Arab relationship is characterized by rapid and stable development, serving as a model for South-South cooperation and mutual benefit [2] - The China Council for the Promotion of International Trade has established the China-Arab Joint Business Council, signing cooperation memorandums with 45 counterpart organizations in 19 Arab countries to strengthen the cooperation mechanism [2][3]
商务部:中阿经贸合作取得显著成效,呈现四个特点
Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-07-30 22:35