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Tribune News Network
China is an attractive investment destination to the Qatari private sector. The private sectors of both countries play key roles in bolstering trade, Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani has said.
Speaking at Qatar-China Business Forum in Beijing on Thursday, Sheikh Khalifa said there are over 190 companies operating in Qatar, of which 14 firms are 100 percent wholly-owned by Chinese businesses, while 176 companies operate along with Qatari partners with an investment of $400 million.
Qatar and China are linked with deep-rooted economic and trade cooperation relations covering all areas. Both countries are keen on strengthening their investment and business cooperation for the advantage of both the economies, said Sheikh Khalifa.
Qatari businessmen were interested to identify the investment opportunities available in China and establish more alliances and partnerships with their Chinese counterparts, he said.
On the unjust siege imposed on Qatar by some of its neighbours, Sheikh Khalifa said it has stimulated the private sector to reduce the dependence on imports and increase production to meet needs of the local market.
To attract more local and foreign investments, Sheikh Khalifa said Qatar has built distinguished infrastructure, including economic and logistic zones and provided industrial lands, and offered facilities to motivate foreign companies to enter the Qatari market.
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