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26-bln-dollar deals signed at China-Arab States Expo

At the conference, China shared its advanced technologies in diverse fields including smart agriculture and water-saving irrigation systems.

 

According to the expo's organizer, the new joint projects are expected to add momentum to the pursuit of the Belt and Road initiative and bring new development opportunities to the countries participating in the initiative.

PKG

SOUNDBITE (ENGLISH): VINSENSIUS JEMADU, Ministry of Tourism, Indonesia

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The Expo has brought together 12,600 participants from 2,900 regional organizations, commerce chambers, associations and enterprises in 89 countries.

 

A total of 287 deals worth about 185.42 billion yuan or 26 billion U.S. dollars have been signed so far at the fourth China-Arab States Expo in northwest China's Ningxia Hui Autonomous Region.

The signed projects cover multiple areas including modern agriculture, equipment manufacturing, infrastructure, tourism, capacity cooperation, industrial park construction and Internet plus healthcare.

Meanwhile, more than 500 attendees from countries including China, Egypt and Morocco, attended the 3rd China-Arab States Technology Transfer and Innovation Cooperation Conference, part of the ongoing China-Arab States Expo.

 

"I think One Belt One Road Initiative is one of the concepts that is very helpful to bring countries along the Belt and Road to cooperate and to develop communication, especially in tourism sector."

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