FINANCIAL NEWS

China to play key role in Qatar’s diversification plan

22 May 2016

(MENAFN) China will play a notable role in the development of Qatar’s non-hydrocarbon sector, while its private sector seeks “alternative industries” to spread economy from oil and gas.

Moreover, Qatar will search for other industries for the country and other GCC States, which will look for substitute industries rather than wait until oil and gas resources.

Additionally, oil and gas will continue to play a major role in enhancing economic and mutual relationships of Qatar and other GCC States with China.

Most GCC nations have oil and gas, whereas China has many industries, which can be used to build stronger bilateral benefits with each other.

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