The recently-concluded ‘Made in China’ exhibition in Doha witnessed “fruitful discussions” between Qatari and Chinese companies that agreed to establish “genuine partnerships” in the future, an official of Qatar Chamber said.
Director-general Saleh bin Hamad al-Sharqi said these partnerships would lead to the influx of “cutting-edge” Chinese technology into the Qatari market. This would also enhance Qatar-China trade and cement cooperation ties between the business communities of both countries, he noted.
Al-Sharqi said ‘Made in China 2017’ attracted more companies representing new sectors, which showcased China’s latest construction equipment and technological capabilities demanded by the Qatari market.
The four-day expo, which aimed to promote quality Chinese products and cement economic and trade ties between Qatar and China, saw a large participation from visitors and businessmen willing to build business ties and establish alliances and partnerships with Chinese companies.
Participating companies and exhibitors pointed out that Qatar’s market is “promising” and able to attract “all products,” considering the mega projects being implemented for infrastructure development and in preparation for the 2022 FIFA World Cup.
Chinese companies underscored the interest of visitors, Qatari companies, and businessmen on the latest technology and innovations of Chinese industry, which could lead to more transactions between both sides.
Al-Sharqi said 80 Chinese exhibitors specialised in building materials, decoration, solar energy, agriculture, engineering, water recycling, and medical devices participated in the event.
First held in 2015, al-Sharqi said the inaugural ‘Made in China’ expo witnessed commercial transactions between Qatari and Chinese companies worth QR45mn. He added that Qatar-China trade exchange stood at $5bn in the first nine months of 2017.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Boeing says sorry for MAX 737 crashes, promises to learn lessons from crisis
Investment opportunities exist in emerging markets hard currency bonds in GCC: HSBC
Iraq lifts production at Exxon’s West Qurna 1 oilfield to 465,000 bpd
Powell’s concern over zero rates seen lowering bar for Fed cut
Safety and pollution top of the agenda as Paris Airshow opens
Businesses clamour for Trump’s ear as $300bn in new China tariffs loom
Global stock markets cautiously rise at start of hectic week
Huawei founder warns Trump’s ban to wipe out $30bn of sales growth
Hong Kong leads Asia markets’ rally