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Saturday, September 15, 2012

83.2 billion the volume of trade in agricultural products between China and the Arab countries




Chinese official said that the volume of bilateral trade in agricultural products with the Arab countries amounted to 83.2 billion dollars, up 1.10% year-on-year, in 2011.

Zhu C Shi, delegate Department of International Cooperation, Ministry of Agriculture of China, said China exported agricultural products to the Arab countries up to $ 37.2 billion, up 8.10% year on year, while imports from the Arab countries with a value of $ 460 million, up 7% year on year .

Thus becoming the Arab countries the seventh largest trading partner of China, while China has become the second largest trading partner of the Arab countries.

Zhu, conference agricultural cooperation Chinese - Arab on the sidelines of economic and trade forum China-Arab third currently held in the Ningxia Autonomous Hui in northwest China, said that bilateral cooperation has witnessed steady progress in terms of the types of agricultural products and technological cooperation and exchanges of human resources.

He added that the agricultural cooperation between China and the Arab countries is the development trend prevailing between the two sides, hoping the two sides to increase cooperation and exchanges in the traditional trade in agricultural products and trade in agricultural products distinctive