Chinese Ambassador: $ 14.29 billion in total trade exchange with Kuwait in 2020

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Ambassador of the People’s Republic of China to the country Li Minggang said that the year 2020 will be very exceptional for China, Kuwait, and the whole world as China has managed to achieve the desired results in combating and preventing the corona epidemic from achieving economic achievement and social development, in addition to fulfilling its historic mission.

By eliminating extreme poverty according to the schedule set for it, it was found that gross domestic product (GDP) exceeded 100 trillion yuan (about 4.6 trillion yuan), an increase of 2.3% over the previous year, thanks to the solidarity between the government and the Chinese people and the tough fight for a man’s heart under the leadership of President Xi Jinping in the face of the dangerous effects of the “Covid” -19 “pandemic and the great changes that the complex international situation has undergone.

During the hypothetical press conference he held on the occasion of the New Year, Gang said: China has continued to implement the concept of a community of a common future for humanity in this extraordinary year by strengthening international cooperation to fight the pandemic while respecting multilateralism This expands the openness to the outside world and mutually beneficial cooperation, indicating that China is the largest trading partner of more than 120 countries in the world and that China’s recovery is the focus for global economic stability.

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He revealed that China and Kuwait worked together as a team last year when President Xi Jinping exchanged many messages and telegrams with His Highness the late Prince Sheikh Sabah Al-Ahmad, may God have mercy on him, and His Highness Prince Sheikh Nawaf Al – Ahmad, may God protect him to show mutual support.

The State Councilor and Foreign Minister Wang Yi also met twice virtually with Foreign Minister Sheikh Dr. Ahmed Nasser Al-Mohammed, to discuss the deepening of cooperation between China, Arabia, the Gulf and China, and Kuwait.

At crucial times in fighting the pandemic in China, the Kuwaiti side donated $ 3 million in supplies to the Chinese side, while the Chinese side opened the special corridor for the Kuwaiti side to import supplies from China several times and 5 virtual meetings between China organized medical experts and sent a medical team to Kuwait to help them fight the pandemic.

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He noted that despite the impact of the pandemic, China remains the largest source of Kuwaiti imports and Kuwait’s largest non-oil trading partner.

In 2020, the value of trade exchanges between China and Kuwait reached $ 14.29 billion, and China imported more than 25 million tons of crude oil from Kuwait, an increase of 18%.

Chinese companies are currently engaged in the construction of 77 major Kuwaiti projects related to Kuwait’s economy and livelihood, which will greatly aid the recovery of the Kuwaiti economy as Kuwait Airways opened a direct route between Kuwait and Quanzhou City. Culturally between the two countries.

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He noted that this year marks the 100th anniversary of the founding of the Chinese Communist Party, under whose leadership the Chinese people achieved liberation and national independence, and the two great miracles of long-term economic development and social stability.

Currently, China is starting the process of implementing the 14th Five-Year Plan for Economic and Social Development with a new historical starting point.

2021 will also mark the 60th anniversary of Kuwait’s independence and the 30th anniversary of its liberation. We warmly congratulate you on this occasion.

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This year, the friendly Kuwaiti people, led by His Highness Prince Sheikh Nawaf Al-Ahmad and His Highness Crown Prince Sheikh Mishaal Al-Ahmad, will continue efforts to achieve “Kuwait Vision 2035”, as will the Chinese and Kuwait development approaches are highly compatible, which forms a solid basis for bilateral cooperation.

This year also marks the 50th anniversary of the establishment of diplomatic relations between China and Kuwait.

Pointing out that the Chinese anti-coronavirus vaccine is safe and affordable, Gang stated that there are 40 countries that have applied to import the Chinese vaccine, and 20 of them have agreed to use it and pointed out that more than 10 million people have so far been vaccinated with the Chinese vaccine after completing three-step human trials. And it showed no side effects, underscoring China’s promise that the vaccine will be a public benefit once it is developed.

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