The “Belt and Road” Initiatives Bring New Impetus to Regional Development of Arab world
5 Apr 2017



AMMAN, April 2 (Xinhua/LIN Xiaowei) The Arab Banking Conference for 2017 and the 44th Ordinary General Assembly of the Union of Arab Banks kicked off on April 2nd in Amman. Mr. Lu Jianzhong, the Chairman of Silk Road Chamber of International Commerce stated in his keynote speech, the high growth rate and the Belt and Road Initiative offer the Arab countries opportunities for inclusive and sustainable development. Thus, they prove to be a wise choice to gain mutual benefits and win-win.


The two-day Conference is titled “Mechanisms & Requirements for Sustainable Development in the Arab World”. In his speech, Mr. Lu Jianzhong said, to realize inclusiveness and sustainable development is also the fundamental objective for China to promote the Belt and Road construction. Union of Arab Banks is the key engine promoting national and regional economic and social development. It is the key force that promotes the Belt and Road Initiative in taking roots in the Arab region.


On March 16th, the SRCIC signed its agreement of strategic cooperation with the ICC Saudi Arab chapter during the Sino-Saudi Investment Forum.



Source: Page 2, People's Daily, 4 April 2017

Translator: Ms. Kelly Peng