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


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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. ....

United Arab Emirates , Zhi Yu , Ar Riya , Saudi Arabia , Kuwait City , Kuwait General , Al Qahirah , Wang Wei , Su Xiaopo , Zou Zhiqiang , Ma Xiaolin , Bao Chengzhang , Tu Yifan , Sun Degang , Zhejiang International Studies University , Gulf Cooperation Council , Artificial Intelligence Authority , Institute Of International Studies Fudan University , Institute Of International , Institute Of Shanghai International Studies University , China Zhejiang Zhiyu Information Technology Co Ltd , Saudi Ministry Of Commerce , Middle East Studies Institute , Shanghai International Studies , International Finance , Arab 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 countries launched long-term visions for economic development between 2016 and 2017 to reduce their traditional dependence on oil revenues and realize economic diversification. ....

United Arab Emirates , Zhi Yu , Ar Riya , Saudi Arabia , Kuwait City , Kuwait General , Al Qahirah , Wang Wei , Su Xiaopo , Zou Zhiqiang , Ma Xiaolin , Bao Chengzhang , Tu Yifan , Sun Degang , Zhejiang International Studies University , Gulf Cooperation Council , Artificial Intelligence Authority , Institute Of International Studies Fudan University , Institute Of International , Institute Of Shanghai International Studies University , China Zhejiang Zhiyu Information Technology Co Ltd , Saudi Ministry Of Commerce , Middle East Studies Institute , Shanghai International Studies , International Finance , Arab News ,