BEIJING: According to Ren Hongbin, Chairman of the China Council for the Promotion of International Trade, trade between China and Arab nations has grown significantly from just $36.7 billion in 2004 to over $400 billion last year. This sustained growth highlights deepening economic ties and evolving strategic cooperation.
Ren emphasized that bilateral investments now extend across a wide range of sectors, including oil and gas, infrastructure, manufacturing, new energy, healthcare, and digital technology. In recent years, the collaboration has further advanced into cutting-edge fields such as big data, artificial intelligence, and space exploration.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Oman oil price jumps to $121.89 a barrel
- ABM International School celebrates over a decade of National Academic Excellence
- Bank Muscat honoured for supporting Al Noor Association for the blind and empowering visually impaired persons
- Oil prices rise to $99 after attacks on Saudi Aramco facilities
- Bank Muscat and Meethaq Islamic Banking’s “Back to School” event draws strong family turnout at Muscat City Centre
