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Qatar-China trade rose over 130% in a decade: Ambassador

Qatar-China trade rose over 130% in a decade: Ambassador

The Peninsula
Monday, December 30, 2024 03:25:47 PM UTC

Doha, Qatar:The bilateral trade between China and Qatar has grown from $10.6bn in 2014 to $24.5bn in 2023, an increase of over 130%, Ambassador of Chi...

Doha, Qatar: The bilateral trade between China and Qatar has grown from $10.6bn in 2014 to $24.5bn in 2023, an increase of over 130%, Ambassador of China to Qatar H E Cao Xiaolin has said.

“Since 2020, China has consistently been Qatar’s largest trading partner and largest export destination for four years,” he added during a press briefing yesterday.

He said that China-Qatar relationship is now at “its best in the history” and has set a “role model” for the state-to-state relationship in the world.

“Over the past 10 years, China-Qatar relations have gone through a golden decade of comprehensive and rapid development. The mutual trust between China and Qatar continues to deepen. President H E Xi Jinping and Amir H H Sheikh Tamim bin Hamad Al Thani have met six times in the past decade.”

Replying to a question about China’s cooperation with the GCC states, especially Qatar, on trade, investment, defence and security, he said that China has long remained the GCC’s largest trading partner, with extensive and in-depth cooperation in energy, infrastructure, and mutual investment. “In 2023, bilateral trade between China and the GCC states reached $285.98bn.”

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