Reporter: Wu Haojun 丨 CCTV.com 01-23-2016
On Thursday, he gave his most important speech yet on Chinese policy
on the middle east. From economics and trade to the peace process in the
region.
A much-anticipated speech by the President of the
world's second largest economy on his country's policy towards the
Middle East, a war-ridden region which President Xi took care to mention
is also a "land of abundance"
"In order to strengthen industrial
production in the Middle East, China, in cooperation with Arab
countries, will take several steps to join forces in production
capacities," Xi said.
"These steps will focus on giving a push to the industrial and
financial sectors in the Middle East worth 15 billion dollars. The money
will be used in collaborative projects within the region in the fields
of production and infrastructure. We will also offer trade credit worth
10 billion dollars for countries in the Middle East."
President
Xi also announced plans to set up funds with the United Arab Emirates
and Qatar, worth a total 20 billion US dollars to invest in conventional
energy.
And it wasn't just economy and trade that President Xi
had on his mind, he also touched on issues from Palestine to the Syrian
crisis.
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