Opportunities and Challenges of China-Middle East Countries’ Production Capacity Cooperation

Abstract: The Middle East is a region where China has more advantages in production capacity cooperation. China started early and has a good reputation in the area of engineering contracting, which has laid good foundations. At present, the Middle East countries are in an important stage of economic transformation. In order to accelerate industrialization, they have developed long-term economic development plan, which provides an important historical opportunity for Chinese enterprises to establish business there. The production capacity cooperation between China and the Middle East countries will utilize the complementary advantages and adhere to mutually beneficial and win-win spirit, and thus has been welcomed by the Middle East countries. At present, the two sides are carrying out fruitful cooperation in infrastructure, high technology and labor-intensive industries, and have achieved significant results. The production capacity cooperation between China and the Middle East countries are facing both opportunities and challenges. We should make good use of opportunities, prevent and resolve risks, and effectively do a good job in production capacity cooperation between China and the Middle East countries