President Xi's Proposals Bring Hope of Peace to Middle East

Updated: 2016-01-24 20:00

(en.youth.cn)

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 A series of preferential policy packs made people dazzled, among which $15,000,000,000 special purpose loan for the Middle East industrialization, $10,000,000,000 for commercial loan, $10,000,000,000 for concessional loan and $20,000,000,000 for joint investment funds. During the speech, Chinese President Xi stressed that China and Arab were going to co-build "One Belt, One Road" and construct the "1+2+3"cooperation pattern that took energy cooperation as the principal axis, the infrastructure construction, trade and investment convenience as both wings, three new high-tech fields including nuclear energy, space satellite, new energy as the sally port. In the future, the Middle East industrialization would be continually promoted, making Chinese advantageous capacity succeeded in combining with the Middle East human resources so that the capacity docking could be smoothly carried out.

  On January 19th, Chinese President Xi arrived in Riyadh by special plane and started his state visit to Saudi Arabia. The heir of Prince Crown of Saudi Arabia Mohammad, Minister of State Eban, etc .went to King Khalid International Airport to meet with Xi Jinping. Shot by Ju Peng, reporter of the Xinhua News Agency.

  Withal, Niu offered a group of data: China became a net importer of oil in 1993, and now it is the world's largest oil importing country, for 60 percent of oil depend on importing, among which 50 percent are from the Middle East. In 2014, the value of trade between China and the Middle East reached 340 billion, indicating the importance of the Middle East to China was getting more and more obvious.

  The Industrialization Blue Paper: The Industrialization Process Report of Countries along "Belt&Road" published a few days ago also pointed out that some Arabian countries represented by Egypt were with abundant reserve of oil and natural gas, and they took resource and labor intensive products as their principal export commodities. With the continuous development of economy, China's demands for minerals resources, oil and gas resources were greatly increased, so the powerful complementarity reflected by Sino-Egypt cooperation in the field of oil and gas resources paved a solid foundation for their economic and trade relations.

  The former vice-president of Research Institute of Chinese Modern International Relations, dean of Chinese Research Institute of Arab of Ningxia University Li Shaoxian introduced that the stable Middle East was beneficial to China viewed from this angle, and it conformed to the strategic conception of "One Belt, One Road", therefore China should take every effort to play a part in the Middle East and promote its stability and peace. Otherwise, the boost of "One Belt, One Road"in the Middle East was not a thing only beneficial to China but to both sides.

  "There is a statement goes that the Middle East is an ‘Arena for Great Powers', in other words, the country which can play a role here is virtually a great power ." Li pointed out that it was because of the the complexity of situation that the Middle East more urgently desired for political stability and economic development. Taking Egypt as an example, the unceasing turbulence of situation since 2010 led to the urgent demands for development and reconstruction, so the whole Egypt were badly eager for its butt joint with China. "From this perspective, the trend of ‘One Belt, One Road' cannot be halted, and it will be a major national strategy for a considerable long time", he said.

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