The First Sino Arab Expo Ended In Yinchuan, Ningxia Today.

The 5 day's first Sino Arab Expo ended in Yinchuan, Ningxia today. The Expo attracted 7348 guests from 67 countries and China. China and Arabia countries began to work hand in hand on the "New Silk Road".

At the first Sino Arab Expo, there were a total of 158 contracts signed in the economic and trade activities, with a total contract value of 259 billion 901 million yuan. The signing projects involved various fields such as energy and chemical industry, new materials, equipment manufacturing, halal food, infrastructure, logistics and commerce, cultural tourism and so on. Among them, 31 signed cooperation projects with Arabia countries, and the contracted amount amounted to 66 billion 491 million yuan. Traveling salesmen from more than 20 countries and regions reached a tourism cooperation project of nearly 3 billion yuan at the 2013 world Muslim travel conference.

During the current Sino Arab Expo, the Sino Arab industrial investment fund was formally established in Ningxia. This is the first international investment and financing platform established by the Sino Arab Expo. It will provide all-round services for the introduction of Arabia's national financial capital and provide investment and financing support for Ningxia and even Chinese enterprises to implement the strategy of "going out and importing", thus becoming a breakthrough in the history of Sino Arab financial cooperation. Ice action.

With the increasingly frequent economic and trade exchanges between China and Arab countries, resolving trade disputes is imminent. To this end, at the current Sino Arab Expo, China and Arab countries established the Advisory Committee on trade dispute settlement between China and Arabia. The Sino Arab Expo also launched the "China Arabia national energy cooperation alliance". The alliance will promote technological exchanges and investment growth in the new energy development process and become a long-term and stable institutional framework for Sino Arab energy cooperation in the future.