BEIJING, Jun 25 (APP):The United Arab Emirates (UAE) has set up a pavilion at the Shanghai Cooperation Organization (SCO) International Investment and Trade Fair held in Qingdao, East China’s Shandong Province.

UAE Ambassador to China Hussain bin Ibrahim Al Hammadi and Zhang Xinzhu, a member of the Standing Committee of the CPC Qingdao Municipal Committee and head of the SCO Model Zone, jointly opened the UAE Pavilion.

Zhang congratulated the launch of the UAE national pavilion and said that the SCO Model Zone is based on economic and trade cooperation and seeks to promote platforms and demonstration models in this area, an effort that has been unanimously recognized by both sides.

For its next step, the SCO Model Zone will strengthen connections with UAE enterprises to help them expand into the Chinese market.

Hammadi said that as the UAE joins the SCO family, UAE will work with China and other member states to achieve peace and prosperity, promote regional development and contribute to global peace and development, Global Times reported.

The growing business ties between China and the UAE have been fruitful, with trade between the two countries reaching $100 billion and expected to reach $200 billion by 2030. The UAE has 13 exhibitors dedicated to exploring cooperation opportunities, building capacity for development, and seeking Chinese and international partners to build solid partnerships, the ambassador said.

According to reports, in May the UAE was officially granted the status of SCO dialogue partner. As a new member of the SCO family, the UAE Embassy in China actively participated in the 2023 SCO International Investment and Trade Fair and was the largest exhibitor in the national pavilion.

Together with 13 enterprises in the fields of finance, investment, high technology, new materials and tourism, the UAE national pavilion showcased the UAE’s exploration and practice in aerospace, environmental protection, artificial intelligence and smart city construction.

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BEIJING, Jun 25 (APP):A delegation of Pakistani business representatives visited Hunan, China for exchanges and connections with government institutions, business associations and relevant enterprises.

The visit was organized and coordinated by the International Environmental Special Fund of China Biodiversity Conservation and Green Development Foundation (CBCGDF), China Economic Net (CEN) reported.

The Pakistani business delegation, consisting of eight members, was led by Senator and General Abdul Qayyum, along with Sheikh Ejaz Asghar, Vice Chairman of the Pakistan-China Business Forum, Khalid Mahmood, CEO of Pakistan Green Energy Company, and Ms. Wang Lihua, General Manager of Pakistan Woda Limited.

The business areas for connections covered new energy, automobiles, steel, household appliances, building materials, electronic products, food processing, and agricultural products.

On June 18, the delegation held forums with more than 60 Hunan enterprises. Representatives from the Hunan Provincial Department of Commerce introduced the overall situation of Hunan’s industries and the current status of trade with Pakistan.

They highlighted the prospects and opportunities that Hunan’s industrial capabilities, particularly in engineering machinery, new energy, IT technology, and e-commerce, can bring to the upgrading and competitiveness of Pakistan’s industries.

The representatives of the Pakistani business delegation stated that Pakistan has a population of over 200 million and is currently at the initial stage of rapid development with a relatively low overall economic level. Due to the longstanding friendly relations, the government attaches great importance to trade connections and cooperation with China.

They view China as a role model for development and expressed the urgent need for Chinese technology and products in the fields of communications, building materials, aviation, new energy, transportation, food processing, electronic products, agriculture, and household appliances.

Following the introduction, representatives from Hunan enterprises engaged in information exchange and preliminary connections with the Pakistani business delegation.

During the visit, the delegation split into two teams. One team visited CRRC Zhuzhou Locomotive Co., Ltd., while the other visited Lianyuan Iron and Steel Group. At CRRC Zhuzhou Locomotive, the delegation toured the manufacturing center and held discussions with the leaders of Zhuzhou CRRC Times Electric, Times New Material, and International Marketing Center.

General Abdul Qayyum highly praised the leading technologies of CRRC Zhuzhou Locomotive in locomotive manufacturing, rail transit, and new energy fields. He considered these technologies as urgently needed by Pakistan and expressed willingness to help CRRC open up the Pakistani market. At Lianyuan Iron and Steel Group, Vice Chairman Sheikh Ejaz Asghar obtained detailed information about Lianyuan’s main products, visited the production line, and acknowledged the excellent quality of Lianyuan’s products.

He mentioned that there are several products that Pakistani manufacturers are currently seeking, expressing their intention for procurement.

In the afternoon of June 19, during a visit to the Overseas Chinese Chamber of Commerce in Zhuzhou, General Abdul Qayyum reviewed the more than 30 years of interaction with China and expressed strong agreement with China’s proposed strategy of building the China-Pakistan Economic Corridor.

Pakistan occupies a unique geographical location, and the establishment of the CPEC can greatly shorten our trade distance between China and Europe, as well as other countries along the Belt and Road, while further ensuring economic security. I sincerely welcomed enterprises from Zhuzhou to develop in Pakistan and assist Pakistan in achieving technological and product upgrades in industry and agriculture, he noted.

Dr. He Ping, Director of the International Environmental Special Fund of CBCGDF, emphasized the need for further strengthening exchanges and cooperation with countries along the Belt and Road. He hoped that through the visit of the Pakistani business delegation to Hunan, bilateral connections can be established and strengthened, as well as further promoting the entry of outstanding Hunan enterprises and products into the Belt and Road market.

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BEIJING, Jun 25 (APP):China and Sri Lanka will further strengthen their cooperation through the Belt and Road Initiative (BRI), and promote greater development of China-Sri Lanka relations, according to foreign ministers of both countries on Sunday.

During their meeting in Beijing, Qin Gang, Chinese State Councilor and Foreign Minister, said that the two countries have set a good example of friendly coexistence and mutually beneficial cooperation between big and small countries, and China is willing to further consolidate and expand the strategic cooperative partnership with Sri Lanka, CGTN reported.

He added that the two countries should implement the important consensus reached by the heads of state, intensify high-level exchanges, expand people-to-people and cultural exchanges, and push for more achievements in high-quality BRI cooperation.

“China will continue to assist within its capacity for Sri Lanka’s socio-economic development and improvement of people’s livelihood,” Qin said.

Ali Sabry, the Sri Lankan foreign minister, expressed his appreciation for China’s assistance to Sri Lanka’s national independence and economic development. He also thanked China’s support for handling the debt issue of Sri Lanka, which has helped it overcome temporary difficulties.

Sabry pledged that Sri Lanka will continue to firmly adhere to the one-China policy, promote Belt and Road projects, intensify multilateral coordination, and push for greater development of Sri Lanka-China relations.
“Sri Lanka attaches great importance to opportunities brought by China’s development and welcomes Chinese enterprises to invest in Sri Lanka,” Sabry added.

The two sides also exchanged common concerns on international and regional issues, with Qin calling for global cooperation, peaceful development and common prosperity.

Sabry is visiting China from June 24 to 30 at the invitation of Qin.