China to expand trade, cooperation with UAE: Chinese premier

China

China to expand trade, cooperation with UAE: Chinese premier

2024-09-13 19:51 Last Updated At：09-14 14:57

Visiting Chinese Premier Li Qiang said on Thursday that China is ready to further expand the scale of bilateral trade with the United Arab Emirates (UAE) and explore cooperation in various fields.

Li made the remarks when meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi.

Li conveyed Chinese President Xi Jinping's cordial greetings to President Sheikh Mohamed and said that in recent years, China and the UAE have firmly supported each other politically, and their practical cooperation is at the forefront of China's cooperation with Middle East countries.

Noting that the talks between the two heads of state in May this year have charted a strategic plan for deepening bilateral relations, Li said China is willing to work with the UAE to implement the important consensus reached by the two heads of state and give full play to the mechanism of the high-level committee on China-UAE investment and cooperation.

China stands ready to further expand the scale of bilateral trade with the UAE, and explore cooperation in new energy, electric vehicles, high-end manufacturing, biomedicine, digital economy and other fields, he said.

China is ready to continue working with the UAE and other Gulf Cooperation Council (GCC) states to promote the early completion of negotiations on the China-GCC free trade agreement, said the premier.

Sheikh Mohamed asked Premier Li to convey his sincere greetings to President Xi, saying that the UAE firmly abides by the one-China principle and is willing to be a strategic partner in high-quality Belt and Road cooperation.

He said the UAE looks forward to deepening cooperation with China in economy, trade, people-to-people exchanges and other fields, and strengthening coordination with China in multilateral affairs.

Autumn grain purchases across China total 120 million tons

2024-12-02 07:04 Last Updated At：07:17

Grain enterprises across China have purchased 120 million tons of autumn grains recently, according to data from the National Food and Strategic Reserves Administration.

Provinces like Henan, Jiangsu, Heilongjiang, and Anhui have set up the minimum purchase price of middle- and late-season rice. Over 200 purchasing spots have been set up in these four provinces to facilitate grain farmers in selling their crops.

Currently the purchase of middle- and late-season indica rice in the southern region stands at around 40 to 50 percent, while in the northeast region, the purchase of japonica rice is around 20 percent. In the north and northeast China, purchase of corn stands at 20 percent to 30 percent, while that of soybeans is around 15 percent in northeastern region.

The average price of middle- and late-season rice is about 2.6 yuan per kilogram. With demand rising for animal feed, prices of corn and soybean are gradually recovering and stabilizing, boosting acquisition interest.

"Currently, the cumulative procurement of middle- and late-season rice at the minimum purchase price has exceeded 1.8 million tons, effectively stabilizing market expectations and ensuring reasonable grain prices," said Luo Shouquan, director of the grain reserve department of the National Food and Strategic Reserves Administration.