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Cooperation among the Belt and Road countries highlighted at CIFIT

     chinadaily     2017-11-13 17:12:00    

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The Belt and Road Opportunity and Cooperation Forum was held on Sept 19 during the 2017 China International Fair for Investment and Trade (CIFIT).


The forum was organized by the China-Britain Business Council, World Trade Center Association, and China Council for the Promotion of International Trade Xiamen Committee.


Uzbekistan National Building Materials Corporation reached an agreement with a Xiamen-based foreign trade company during the forum. According to the agreement, the two sides will set up companies in Uzbekistan to import and export natural stones


Head of the Uzbekistan National Building Materials Corporation said Uzbekistan is home to over 800 mining areas and more than 7,000 building materials manufacturers capable of producing hundreds of kinds of building materials.


He believes that the Belt and Road Initiative is a guarantee for improvement in economic and trade relationships.


There are many cooperation of this kind, such as the joint venture project between a Chinese cold chain logistics enterprise and meat companies from Brazil and Denmark and another deal by the Fujian branch project of Chinese Academy of Inspection and Quarantine which is expected to serve the surrounding areas of Fujian province and the countries along the Maritime Silk Road.


Luo Peng, the consul general of Ukraine in Shanghai, commented at the forum that cooperation between Ukraine and China have yielded great results since the initiative commenced, noting that Ukraine’s healthy food such as meat product and milk is attractive to Chinese enterprises.


He added that the two countries can work together to export the related products to other countries.


Wei Ke, president of China-Britain Business Council in China, said their council has kept tabs on the initiative since its inception, pointing out that the initiative brings opportunities for UK firms to achieve continuous growth.


The related agencies from the Philippines, Georgia, and Poland cooperated with Xiamen Area of China (Fujian) Pilot Free Trade Zone to organize investment briefings to promote the exchanges and cooperation among the Belt and Road countries and regions.


According to official statistics, the trade value between the Philippines and Xiamen exceeded $1.8 billion in the first half of this year and the export value between Poland and Xiamen by railway saw a tenfold increase last year.


The chief financial officer of the Anaklia Development Alliance of Georgia said the free trade agreement between Georgia and China is about to make an impact and there is broad prospects for economic cooperation between the two countries.


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