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Spotlight: Gulf countries face new challenges in economic transformation, but digital economy injects new vitality - Xinhua - Vimarsana News

Spotlight: Gulf countries face new challenges in economic transformation, but digital economy injects new vitality - Xinhua

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 ...