Xinhua News Agency Yinchuan August 17 (reporter Ai Fumei, Ma Sijia) The fifth China-Arab States Expo business Summit will be held on August 19 in Yinchuan, Ningxia Hui Autonomous Region in conjunction with the opening ceremony of the China-Arab States Expo to promote exchanges and cooperation between the Chinese and Arab business communities in digital economy and new energy, according to a press conference held on August 16.

The theme of the current China-Arab States Expo Business Summit is "Deepening Economic and Trade Cooperation, Jointly Building the Belt and Road", including two sub-sessions of the China-Arab States Enterprises Matchmaking Meeting and the Chinese Council meeting of the China-Arab States Joint Chamber of Commerce.

Under the new development pattern, new energy and digital economy have become key areas of cooperation between China and Arab countries. As a result, the business summit elaborate on agenda setting, on the one hand, long yongtu, chairman of the joint conference invited global CEO of development experts and scholars on relevant cooperation published prospective view, on the other hand china-arab national digital economy and the new energy sector leader and head of Saudi Arabia's state oil company and other companies share the market and to frontier information, market prospects for cooperation. The annual report on the development of China-Arab economic and trade relations will also be released at the meeting.

The China-Arab States Expo Business Summit is a platform for economic and trade cooperation and exchange jointly hosted by the China Council for the Promotion of International Trade, the Secretariat of the League of Arab States, the General Alliance of Arab Chambers of Commerce of Agriculture and Industry and the People's Government of Ningxia Hui Autonomous Region.