Special Report:

The New Silk Road .. A global project based on advanced infrastructure, which opens up prospects for new and promising commercial markets, linking societies, economies and peoples and stimulates growth.

The Belt and Road Initiative, launched by China in 2013, is reviving the ancient Silk Road with the aim of expanding global trade by creating networks of roads, ports and other facilities across many countries in Asia, Africa and Europe.

Despite the high cost of the project, the returns resulting from trade exchanges between these countries will be in the hundreds of billions of dollars, and the interest will be spread to more than 65 countries with more than four billion people.

Beijing hosted the activities of One Belt Forum, One Road, from 25 to 27 April, in the presence of leaders and leaders of 37 countries, including Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the State, Prime Minister and Ruler of Dubai .

Chinese President Xi Jinping has pledged nearly $ 124 billion to the initiative as a path to peace, reunification and free trade.

While announcing that the Belt and Road Summit came out with agreements that exceeded $ 64 billion, pointing out that market principles will be applied in all cooperation projects included in the initiative.

A New Era of China-Arab Cooperation

Since the launch of the Belt and Road Initiative in 2013, Sino-Arab relations have started to take a rising trend, and the prominent feature is the intensity of high-level exchanges between Beijing and the Arab countries and the high frequency of cooperation between the two sides at all levels.

7 Arab countries, including Egypt, the UAE, Kuwait, Saudi Arabia, Oman and Jordan, have become a founding member of the Asian Infrastructure Investment Bank, which is the financing arm of the initiative's projects.

The volume of Sino-Arab trade reached about $ 200 billion in 2017, and is likely to reach $ 500 billion by 2020, according to McKinsey International Consulting. < / p>

The first China International Import Exhibition in Shanghai last year attracted many Arab companies, which opened the door for importing more Arab products.

China is participating in building economic and trade cooperation areas in the Arab countries to boost production capacity, to include the model garden for cooperation in production capacity in the UAE, the industrial complex in Jizan, Saudi Arabia, the industrial complex in Duqm in Amman, and the Mohammed VI technology area in Morocco .

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