17 Hrs
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الشرق اللبنانية
Al-Abd on Canton Fair: Key China-Arab Partnership
The article focused on the importance of the Chinese Canton Fair in strengthening economic and trade relations between China and the Arab world. The President of the Lebanese-Chinese Businessmen's Association pointed out that the exhibition represents a historic opportunity to deepen partnership between the two sides, especially in areas of joint cooperation such as artificial intelligence, advanced technology, the development of smart ports, and advanced industrial cities. He emphasized that the trade exchange volume between China and Arab countries exceeds $400 billion, with 22 Arab countries having joined the Belt and Road Initiative. Additionally, Chinese investments in the region have reached approximately $318 billion between 2005 and 2023. He called for enhanced cooperation in knowledge transfer and technology localization, noting that the exhibition, which has been held for 70 years, remains a key platform for economic integration and gathers thousands of companies and buyers from around the world.
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