China is ready to work with the Arab side

6 months ago
31

Video: China is ready to work with the Arab side to put in place the following “five cooperation frameworks” to step up the building of a China-Arab community with a shared future. 中方願與阿方共同落實以下“五個合作框架”,並推動建構中阿命運共同體.

1⃣ A more dynamic framework for innovation. China will build with the Arab side ten joint laboratories in such areas as life and health, AI, green and low-carbon development, modern agriculture, and space and information technology. We also stand ready to build with the Arab side a joint space debris observation center and a Beidou application, cooperation and development center.

2⃣ An expanded framework for investment and finance cooperation. We are ready to establish with the Arab side an industry and investment cooperation forum, and continue to expand the China-Arab states interbank association. China is also ready to deepen exchanges and cooperation on central bank digital currency with the Arab side.

3⃣ A more multifaceted framework for energy cooperation. China will further enhance strategic cooperation with the Arab side on oil and gas, and integrate supply security with market security. China is ready to work with the Arab side on new energy technology R&D and equipment production.

4⃣ A more balanced framework for mutually beneficial economic and trade ties. China will continue to implement vigorously the development cooperation projects with a total worth of RMB3 billion yuan. It stands ready to accelerate the negotiations on bilateral and regional free trade agreements and advance the dialogue mechanism for e-commerce cooperation. It welcomes active participation of the Arab side in the China International Import Expo.

5⃣ A broader framework for people-to-people exchanges. China is ready to establish with the Arab side the China-Arab Center of Global Civilization Initiative. China will invite 200 leaders of Arab political parties to visit China every year. We plan to work with the Arab side to achieve the goal of 10 million two-way visits of tourists in the next five years.

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