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China-Arab forum in Shanghai maps future cooperation amid global trade tensions

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      China

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      China-Arab forum in Shanghai maps future cooperation amid global trade tensions

      2025-04-20 18:44 Last Updated At:04-21 00:07

      The 5th China-Arab Countries Reform and Development Forum was held in Shanghai from Friday to Saturday, gathering thought leaders to explore future cooperation in the Global South amid global challenges.

      More than 100 representatives from political, academic, and business fields across China, 19 Arab countries, and the Arab League convened under the theme, "Implementing Global Development Initiatives and Promoting China-Arab Cooperation towards a New Direction."

      "When the U.S. has almost lost rationality in imposing tariffs on us, the importance of cooperation between China and Arab countries becomes particularly highlighted. This is also a very important aspect of promoting unity in the Global South, because Arab countries are an important force in a multipolar world. Previously, our cooperation focused on strategic and diplomatic areas. In the future, there will be greater development in various fields such as economy, investment, and technology. For example, our cooperation in the new energy field such as solar panels is fast developing and going deeper," said Wang Guangda, secretary-general of the China-Arab Reform and Development Research Center.

      Amid rising tariff tensions and an ongoing technological revolution, attending representatives emphasized the need for China and Arab countries to collaborate in preserving the multilateral trading system and driving high-quality development for the future.

      "Regarding the measures taken by Donald Trump, by the American president, we think what China is doing now is very crucial, because it will define the next identity of the financial (sector)," said Simon Jabbour, director of the Exhibition Department under the Ministry of Economy and Trade of Lebanon.

      Today, China and Arab countries enjoy a comprehensive and in-depth partnership, with bilateral trade continuing to grow. In 2024, trade between the two sides reached approximately 400 billion U.S. dollars, making China the largest trading partner of Arab countries.

      Cooperation under the China-proposed Belt and Road Initiative (BRI) has also deepened. Statistics show that China and Arab countries have initiated more than 200 major projects in infrastructure, energy and other fields under the BRI, benefiting nearly 2 billion people in the two regions.

      "The Arab-Chinese relations have been there for thousands of years, and the Belt and Road (Initiative) came to revive the old silk road. Therefore, definitely, there will be enhancement of trade between China and Arab countries," said Afkar Farsi, director of the International Trade, Knowledge Economy and Technology Department with the Ministry of Foreign Affairs of Oman.

      The representatives visited the leading technology development sites including the Robot Valley, the G60 science and technology park, and leading AI company SenseTime, looking for more cooperation opportunities in the high-tech development.

      China-Arab forum in Shanghai maps future cooperation amid global trade tensions

      China-Arab forum in Shanghai maps future cooperation amid global trade tensions

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      Cuba holds rallies, parades to celebrate International Workers' Day

      2025-05-02 12:40 Last Updated At:13:07

      Cuba held rallies and marches in all provinces on Thursday to celebrate the May Day International Workers' Day, with workers unions, citizens, and global visitors gathered at Havana's Revolution Square for a grand parade.

      The May Day parades have been an annual tradition in the country since the victory of the 1959 revolution. For this year, the parades called for solidarity amid global economic turbulence and higher U.S. sanctions.

      Started in the early morning, enthusiastic marchers and union workers grouped in blocs representing different unions, holding banners with all kinds of slogans to show support for the government and celebrate the national event.

      The parade was presided over by top Cuban government and Communist Party leaders including former President Raul Castro, current President Miguel Diaz-Canel, and Premier Manuel Marrero.

      In his remarks at the rally, Cuban Workers' Confederation leader Ulises Guilarte said that this year's celebration took place amid a complex world scenario, marked by the rise of a new and dangerous imperialist offensive. However, Cuban people will keep struggling for a better future, noted Guilarte.

      The island country has long been coping with an economic crisis marked by high inflation, shortages, and U.S. sanctions, but the crowds showed their support for the government with the enthusiastic march.

      "The revolution remains alive, our revolution will keep advancing; and despite the difficulties we are facing, we are still living a happy life, and we are eager to reach new and nice achievements for our nation," said Lucia Rodriguez, a local demonstrator.

      More than 1,000 social activists from around the world also joined the celebration at the Revolution Square, demonstrating against the U.S. trade embargo on Cuba.

      "I can imagine, due to the blockade, that Cuba needs to have strong relationships of solidarity, so I'm so happy I can be here, and be part of those relationships," said a Canadian activist during the event.

      Cuba holds rallies, parades to celebrate International Workers' Day

      Cuba holds rallies, parades to celebrate International Workers' Day

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