Report: $ 26 billion to China-States Expo



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9:36

Saturday, September 07, 2019

Beijing – Beijing

Up to now, 287 transactions valued at nearly 185.42 billion RMB ($ 26 billion) were concluded at the fourth Sino-Arab fair, which is currently taking place in the Ningxia region in northwestern China, according to a report.

Signed projects encompass many areas, including modern agriculture, high technology, equipment manufacturing, infrastructure, tourism, capacity building, industrial zones and health care via the Internet. More , Xinhua news agency reported Saturday.

The new projects should give a new impetus to the strengthening of cooperation under the "Belts and Roads Initiative" and provide new development opportunities to the participating countries, the organizers said.

This year's Sino-Arab exhibition kicked off Thursday in Yinchuan, capital of Ningxia, and will continue until Sunday with the participation of representatives of many regional organizations, chambers of commerce, foundations and businesses from 89 countries. .

Launched in 2013, this biennial event has become an important platform for China and Arab countries to continue their cooperation under the "Belts and Roads Initiative," according to the report.

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