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#1 04-06-2018 07:58:00

Date d'inscription: 04-08-2016
Messages: 601

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YINCHUAN nike roshe one hyperfuse nere , Sept. 8 (Xinhua) -- Yahya Jabri, chairman of a China-Oman industrial park, is briefing investors on Oman's sound business environment at a trade and investment expo in northwest China.

""As a WTO member, we have rolled out a string of favorable policies for investment. Besides oil, we enjoy an advantageous location, a good deepwater port nike roshe one flyknit nere , and complete ship-repairing facility,"" Jabri says. ""Goods transported via Duqm will reach 22 million tonnes in the next decade ... The country will be the gate of North Africa."" Oman welcomes more Chinese entrepreneurs to set up joint ventures or solely foreign-owned businesses, he says.

Although still under construction, Jabri's industrial zone is expected to be an exemplary project in China-Arab industrial cooperation. With the foundation stone laid in April, it is designed to develop into a logistics center, commercial harbor and tourist site for the Arabian Sea nike roshe one saldi , covering an area of nearly 1,200 hectares in coastal Duqm.

Investment agreements worth 3.8 billion U.S. dollars were signed between companies of the two sides.

""Total capital poured in will amount to 11 billion dollars in 10 years, and 12,000 jobs will be created for local people,"" Jabri says.

From the Gulf of Suez in Egypt to Jazan of Saudi Arabia, similar projects were sprouting in Arab countries. After years of stable trade in crude and other goods nike roshe two donne , the two sides have moved to channel more energy into capacity and technology transfers to forge closer economic ties and reap bigger mutual benefits.

""With huge market potential and unique natural resources, Arab economies are complementary to China,"" says Chen Zhou, vice president of the China Council for the Promotion of International Trade. ""The new cooperation not only allows China to give full play to its competitive industries but helps Arab countries improve infrastructure and build a more sophisticated economic structure.""

Abdulrahman al-Saleh, adviser to the Minister of Housing of Saudi Arabia, said he backed such cooperation as it met the needs of the country to transform the economy. Saudi Arabia released an ambitious plan last year to wean off reliance on oil nike roshe two uomo , and to develop education, the arms industry, real estate and tourism.

At the ongoing China-Arab States Expo held in Yinchuan, capital of Ningxia Hui Autonomous Region, 22 contracts on industrial capacity cooperation were signed to pour 17.1 billion yuan (more than 2.5 billion U.S. dollars) into projects ranging from infrastructure to textile and food processing in countries including Oman, United Arab Emirates and Iraq.

Besides traditional projects on energy and resources nike roshe two pelle uomo , Chinese and Arab businesses have started to explore more sectors, such as chemical industry, telecommunication and manufacturing, says Li Shaotong, an official of the Ministry of Commerce.

The global drive of China's high tech sectors, including equipment manufacturing and clean energy nike roshe two flyknit nere , is promising, Chen says.

Driven by robust industrial cooperation, China-Arab investment is surging. A total of 1.1 billion U.S. dollars of non-financial direct investment was made by Chinese companies in Arab states in 2016, up 74.9 percent year on year.

China has signed agreements on industrial capacity cooperation with 37 countries around the world, including Arab countries, says Liu Xia nike roshe two flyknit uomo , an official of the National Development and Reform Commission.

By the end of 2016, two Chinese policy banks had issued loans worth 110 billion U.S. dollars for overseas corporate investment along the Belt and Road, and Chinese banks had set up 62 branches in 26 countries.

Running until Saturday, the four-day biennial expo is a significant platform for China and Arab countries to bolster ties.

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South Korea's Lotte Group is to sell some of its Chinese stores, it said on Friday - and could dispose of them all.

Lotte provided a golf course to Seoul for the THAAD missile-interception system installed by South Korea and the US to defend against the North's missile threats.

China strongly opposes the system as a threat to its own security, and has hit the retail giant - South Korea's fifth-biggest conglomerate - with unofficial sanctions.

Lotte's Chinese stores have been badly hit by consumer boycotts

About 80 per cent of the 112 Lotte Mart stores in China have been closed for more than six months as authorities tightened safety and sanitary inspections and consumers boycotted them nike roshe two saldi , costing Lotte hundreds of millions of dollars.

"We have decided to start selling stores in China where we've been unable to operate normally for a long while," a Lotte Group spokeswoman told AFP.

"But it has not yet been decided whether we will sell them all or some of them," she added.

The group's key subsidiary, Lotte Mart, in March had to inject 360 billion won (US$318 million) of emergency funds to keep the China stores afloat and recently decided to pour in an additional 340 billion won.

Lotte Mart estimates that it could lose one trillion won this year if the trend continues.

Lotte, which has invested more than ten trillion won in its Chinese operations since 1994 nike roshe two , has named US investment bank Goldman Sachs as the lead manager to sell the China stores, the spokeswoman said.

Talks are underway with Thai conglomerate Charoen Pokphand Group, which runs other supermarket chains in China, the Yonha. Cheap Jerseys China   Cheap Jerseys   Cheap Jerseys From China   Cheap Jerseys China   Cheap Jerseys From China   Cheap Jerseys China   Cheap Jerseys Free Shipping   Cheap Jerseys From China   Cheap Jerseys China   Cheap Jerseys

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