Qatar-China trade volume rises to $6.8bn in first quarter: Sheikh Mohamed

Qatar-China trade volume rises to $6.8bn in first quarter: Sheikh Mohamed

HE the Minister of Commerce and Industry heads Qatar’s delegation participating in the ‘First Industry and Investment Co-operation Forum’ between GCC and China in XiamenHE the Minister of Commerce and Industry Sheikh Mohamed bin Hamad bin Qassim al-Thani headed Qatar’s delegation participating in the ‘First Industry and Investment Co-operation Forum’ between GCC and China in Xiamen.The event is titled ‘Looking forward to joint enhancement of high-quality development of China-GCC industry and investment co-operation’.Sheikh Mohamed in his speech emphasised that the deep relationship between GCC countries and China is strengthening strategic partnerships between the two sides.He added that the China-GCC fruitful co-operation has reflected on the volume of trade exchange between the two sides. Trade volume between the two sides doubled between 2015 and 2022 to reach $316bn in 2022, representing a growth of 140%.The two sides are heading to new level of relationship, he said.Sheikh Mohamed stated that the forum aimed to strengthen practical co-operation between the two sides in order to serve their joint interests, especially in priority sectors that will add value to sectors such as energy and metal sectors, finance, industry and logistic services, among other vital areas.He said Qatar and China have "strong and solid" relationship.