Category Archives: Economy outlook

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China-Arabian countries’ trade and economic relation

In 2016, Chinese MOFCOM comprehensively implemented the spirits of the 18th CPC National Congress, the third, fourth, fifth and sixth Plenary Sessions of the 18th CPC Central Committee, made in-depth study and carried out the speech spirits of General Secretary Xi Jinping. Following the unified deployment of the central committee and the State Council, under the framework of jointly building the “Belt and Road”, MOFCOM, in the principles of achieving shared growth through discussion and collaboration, has overcome the difficulty of regional turmoil, enhanced strategic docking with Arabian countries and promoted the constant development of China-Arabian countries’ trade and economic cooperation. At the beginning of 2016, President Xi Jinping visited Saudi Arabia, Egypt, the headquarter of League of Arab States and the Secretariat of Gulf Cooperation Council successively. The Chinese government released China’s Arab Policy Paper, indicating a direction for China-Arabian countries’ trade and economic cooperation. Bilateral cooperation was constantly extended and a new landscape began to take on. Continue reading

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Trade in service drives new growth in China

In 2016, Chinese MOFCOM comprehensively implemented the spirits of the 18th CPC National Congress, the third, fourth, fifth and sixth Plenary Sessions of the 18th CPC Central Committee, made in-depth study and carried out the speech spirits of General-Secretary Xi Jinping. In accordance with the uniform deployment of the central committee and the State Council, the Ministry of Commerce actively adapted to the new normal of economic development, insisted on steady progress, undertook to promote supply-side structural reform and innovative development of trade in service, making a good start for the 13th Five-Year Plan. Continue reading

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