Business summit fuels cooperation between Belt and Road countries

The third China-Arab Business Summit was held in Yinchuan city, Northwest China's Ningxia Hui autonomous region on Sept 5, providing in-depth exchanges and cooperation opportunity for China, the Arab region and Belt and Road countries.

Themed "Promote Economic and Trade Exchanges, Propel Practical Cooperation," the Summit invited nearly 600 representatives from government departments, chambers of commerce, business associations and enterprises from China and the Arab states, as well as other Belt and Road countries.

At the summit, reports on the process of economic and trade development and market cooperation opportunities between China and Arab States were released. The gathering also witnessed the signing of cooperation projects, including a proton center, a health travel tourist resort, and a commercial law cooperation project.

A guest delivers a speech during the 3rd China-Arab Business Summit held in Yinchuan city, Northwest China's Ningxia Hui Autonomous Region on Sept 5. [Photo/chinadaily.com.cn]

The summit was sponsored by the China Council for the Promotion of International Trade and the People's Government of Ningxia Hui Autonomous Region under the framework of the China-Arab States Expo.

Since 2015, the summit has been held two sessions in Yinchuan, each time achieving remarkable results. The summit has built a high-level exchange platform for key dialogue, policy release, and economic and trade cooperation between China and the Arab countries as well as other Belt and Road countries.