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by Xinhua writers Liu Xi, Yan Jing
CAIRO, Dec. 10 (Xinhua) The Gulf countries face new challenges in implementing their strategic visions of economic transformation and diversification amid the shadows of the COVID-19 pandemic and lower oil prices in 2020, but the digital economy has injected unprecedented vitality into the region.
Experts said that the cooperation between Gulf countries and China is promising in the fields of developing digital economy and new technologies, as those countries seek ways to tackle the new challenges.
DUAL CHALLENGES
Some Gulf countries launched long-term visions for economic development between 2016 and 2017 to reduce their traditional dependence on oil revenues and realize economic diversification.
Source: Xinhua|
Editor: huaxia
by Xinhua writers Liu Xi, Yan Jing
CAIRO, Dec. 10 (Xinhua) The Gulf countries face new challenges in implementing their strategic visions of economic transformation and diversification amid the shadows of the COVID-19 pandemic and lower oil prices in 2020, but the digital economy has injected unprecedented vitality into the region.
Experts said that the cooperation between Gulf countries and China is promising in the fields of developing digital economy and new technologies, as those countries seek ways to tackle the new challenges.
DUAL CHALLENGES
Some Gulf countries launched long-term visions for economic development between 2016 and 2017 to reduce their traditional dependence on oil revenues and realize economic diversification.