In September 2013, the General Secretary of the Central Committee of the Chinese Communist Party (CCP) and Chinese President Xi Jinping visited Kazakhstan to propose the “Silk Road Economic Belt.” October of the same year, during his speech at the Indonesian Congress, President Xi kick-started the “Maritime Silk Road”. President Xi officially initiated the “One Belt, One Road” as a national strategy one month later.
In 2017, the Constitution of the People’s Republic of China incorporated the “One Belt, One Road initiative. One Belt, One Road aims to strengthen regional connectivity and embrace a brighter future.
One Belt, One Road – Relations with Arab Nations
The Arab world is a close strategic partner of China. Conveniently located the injunction of three continents; Europe, Asia and Africa – The Arab Nation plays a vital role in the “Belt and Road Initiative”. Since 2014, China and the Arab nations have been working closely with one another, this was further solidified with President Xi Jinping’s attendance at the Sixth Ministerial Conference of the China-Arab States, where the “1+2+3” cooperation was announced.
In January 2016, the Chinese government released the first “China’s Policy Document on Arab Countries”. President Xi Jinping would complete a state visit to Saudi Arabia and Egypt.
On July 10, 2018, President Xi Jinping attended the 8th Ministerial Meeting of the China-Arab States Cooperation Forum. On July 19 of the same year, President Xi Jinping visited the United Arab Emirates, which became the first stop of the international visit of the Chinese head of state since the 19th National Congress of the Communist Party of China.
In recent years, China has established strategic partnerships with Algeria, Egypt, Saudi Arabia and the United Arab Emirates, Qatar, Jordan, Iraq, Morocco, Sudan, Djibouti, and Oman. Four levels of development strategy; Expansion of cooperation, exchange of experiences in state governance and administration, and policy communication, have been elevated from a regional strategic partnership in 2010 to a global strategic alliance today.
The combined economic importance of China and Arab nation’s accounts for one-eighth of the world’s total economic volume, and their development demands are similar to the international Monetary Fund, the World Bank, the G20, the AIIB and the International Energy Organization. After 14 years of continued partnership, China-Arab Cooperation Forum has undoubtedly improved. China has become the second-largest trading partner of Arab nations and the largest trading partner of ten Arab countries.
China and Arab nations’ cooperation based on the “1+2+3” policy is based on expanding infrastructure construction, trade and investment, nuclear energy, an aerospace research and renewal energy.
Soon, China-Arab economic and trade cooperation will expand to multi-dimensional fields. The first level of collaboration is to target traditional and renewable energy, such as, Solar energy, Green and low-carbon output energy – focusing on “Energy+”. The next level concentrates on infrastructure such as roads, ports and regulating pollution control facilities.
Association Background and History
Based on the above issues, Mr. Gordon Lam noticed the direction of “One Belt One Road” in the national development strategy. Among them, the cooperative development of Arab countries is very stable. Although many businessmen are interested in investing or cooperating in Arab countries, many of them are so unfamiliar with Arab countries and Arab business situation.
In view of this, Mr. Lam established the “Belt and Road China-Arab Investment and Trade Association” at the beginning of this year based on his past experience and relationship with customers in the Middle East. The purpose is to help private enterprises from Hong Kong and China interested in developing in the Middle East and Arab countries as an international platform for mutual exchange. It can also be used as a bridge for cooperation.
The way we live, communicate, and economics has changed dramatically since the pandemic. The association was formed to deal with all these uncertainties. The aim is to be a bridge among China, Hong Kong and Arab countries, while also creating more investment and trade opportunities.
This association still faces challenges during the epidemic, but it is constantly working to innovate and find to new solutions. This association is also looking forward to welcoming the arrival of the post-epidemic era and establishing a better China-Arab relationship.
China and Arab nations are destined partners in the joint construction of the One Belt, One Road initiative – This is evident in China’s involvement with 19 other Arab nations. Even with the current pandemic, the progress of One Belt, One Road is still running strong and receiving positive feedback and support.
Belt and Road China-Arab Investment and Trade Association’s establishment is to fully cooperate with the nation’s strategic goal of the “One Belt, One Road” initiative and create a bridge of connection for non-governmental exchanges, trade, and investment cooperation between China and Arab nations. The expansion of “One Belt and One Road” has allowed Hong Kong to play a critical role in the initiative. With a recent office established in Dubai, Hong Kong Economic and Trade Office, the Association wishes to assist in expanding the public’s understanding and vision and create more opportunities for all.
The Association will hold regular visits, forums, and exhibitions in different cities in China and Arab nations to promote the One Belt, One Road initiative and cooperation between the two parties in trade and investment opportunities.
As a bridge between the two countries, the “Belt and Road China-Arab Investment and Trade Association” is committed to providing and serving members in investment, commerce, finance and trade sectors in the Middle East and China. The Association aims to establish an active and effective platform between China, Hong Kong and Arab nations.