The International Department of the CCP Central Committee recently announced that China and the Gulf Arab Countries held a seminar on economics on December 16, 2010, in Guangxi, China. The theme of the seminar was “Economic Transformation and Joint Development.” More than 70 people attended. They included envoys from Gulf Arab countries, Chinese and foreign government officials, experts, and business representatives. Li Jinjun, Deputy Director of the CCP International Department, suggested in his speech that the Gulf Arab countries and China are emerging markets and face similar economic challenges. He believes it would be worthwhile to find new approaches to improving joint development.
Source: International Department of the Central Committee of CCP, December 16, 2010