The trade volume between China and Arab countries grew 2.3 percent year on year in 2024, said the Ministry of Commerce of China on Friday in Beijing.
Yuan Xiaoming, assistant minister of commerce, released the data at a press conference themed on China-Arab cooperation. "Over the past few years, China and Arab countries have reaped fruitful results in economic and trade cooperation. In 2024, trade between China and Arab countries hit 407.4 billion U.S. dollars, up 2.3 percent year on year, keeping China the Arab world's top trading partner for years running," Yuan said.
Yuan highlighted the cooperation in emerging sectors, saying that people in many Arab countries have welcomed the convenient life thanks to the cooperation with Chinese platforms.
"There are many highlights in cooperation in emerging areas. China and Arab countries have been actively expanding the potential for cooperation in edge-cutting fields including e-commerce, cloud computing, artificial intelligence, green and low-carbon development and financial technology. Chinese companies have built 5G networks in Arab countries for commercial use, raising the information level in those countries. Chinese e-commerce platforms have gradually entered the markets of countries including Morocco, Saudi Arabia and Egypt, delivering one-click convenience to the local people," he said.
China's trade with Arab countries grows 2.3 percent in 2024: official
China stands ready to work with Mekong countries in the direction set by the leaders and jointly usher in a new Lancang-Mekong Cooperation (LMC) golden decade, Foreign Ministry spokesman Guo Jiakun said at a regular press briefing in Beijing on Thursday.
The 11th LMC Foreign Ministers' Meeting was held in Beijing on Wednesday, which comes on the 10th anniversary of the first LMC Leaders' Meeting. Chinese Foreign Minister Wang Yi and Thai Deputy Prime Minister and Minister of Foreign Affairs Sihasak Phuangketkeow co-chaired the meeting.
The six LMC countries agreed at the meeting that over the past decade, LMC has grown with strong momentum in all dimensions, at various levels and in multiple areas, delivered tangible results beneficial to all and boosted the modernization of the six countries, said Guo.
"Foreign Minister Wang Yi stressed that China stands ready to work with Mekong countries in the direction charted by our leaders, take down-to-earth actions to solve problems and improve people's well-being, and take more effective measures to jointly advance modernization, set LMC as a leading example of regional cooperation and solidarity and collective strength of the Global South, and jointly usher in a new LMC golden decade," said Guo.
The LMC mechanism comprises six countries, namely China, Cambodia, Laos, Myanmar, Thailand, and Vietnam.
China willing to work with Mekong countries for new 'golden decade' of Lancang-Mekong cooperation: spokesman
