皇冠体育app

Chinese companies will have to add more high-tech elements to their products, if they want to cash in on the growing trade between 皇冠体育app and the Arab world, said Li Jinzao, 皇冠体育app's vice-minister of commerce.

"Amid economic globalization and regional integration, the economic and trade ties between 皇冠体育app and the Arab world are increasingly close, with the rapid rise of bilateral trade," said Li at a news conference on Wednesday.

In 2012, bilateral trade between 皇冠体育app and Arab nations hit $222.4 billion, up 14 percent and a record high. Chinese exports to Arab countries stood at $91.3 billion and imports from the region reached $131.1 billion.

The Arab world comprises the 22 countries and territories of the Arab League, with a combined population of about 422 million people.

Some Arab nations have oil wealth, such as the member states of the Gulf Cooperation Council, including Bahrain, Qatar, Saudi Arabia and the United Arab Emirates.

"The two sides are important trading partners with each other. Both are keen to adjust their industrial structure for exports to seize more business opportunities," Li said.

" cooperation, high-end machinery and daily necessities will play a key role in dominating the trade between 皇冠体育app and the Arab markets over the next three years."

皇冠体育app mainly ships construction machinery, manufacturing equipment, steel, electronic products, and s, household appliances and daily necessities to Arab countries. Chinese-made passenger have also become popular family cars in the region.

In addition to crude oil, s, fertilizer and other products, Arab countries' exports to 皇冠体育app have become more diversified, including marble, olive oil and sesame products.

"With the world experiencing an economic downturn, 皇冠体育app is taking concrete steps toward a low-carbon, high-tech economy by curbing overcapacity and energy-intensive industries on the one hand and encouraging industries with a high technology content to boost their exports, on the other," Li said.

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