Omani Chinese Relations Have Been Developing Significantly over the Past 40 Years

Muscat, Oman and China established diplomatic relation at the same year of the carry-out of reform and opening-up policy. China-Oman relationship has achieved leapfrog development and become epitome of China being deeply connected to the rest of the world.

China has been the biggest trade partner of Oman for the past few years, and Oman is the 5th biggest Oil import source of China. The two countries have carried out a series of fruitful cooperation in the area of politics, economy, investment and culture.

In May 2018, His Majesty Sultan Qaboos Bin Said and President Xi Jinping exchanged congratulatory messages and jointly announced the establishment of strategic partnership between two countries. It brought the bilateral relationship to a higher level, and drew

a grand blueprint for the future development of bilateral relationship.

The two countries have also signed a MOU on jointly building the Belt and Road, which has built a new platform of pragmatic cooperation in all area. As the strategic partner of Oman, China will uphold the principle of openness and share successful experience of reform and opening-up to our Omani friend. Under the framework of Belt and Road initiative, we shall make the best of our different advantages in capital, technology, market and resource, together explore new areas of mutual benefit and win-win progress, build a wider space and create more opportunities for the bilateral cooperation.

Li Lingbing, Ambassador of the People’s Republic of China to the Sultanate said that last year marked the 40th anniversary of China making the historic decision of going for reform and opening-up. Confucius, China’s ancient ideologist once said, when one becomes 40, he will no longer suffer from perplexity, it means one person, after 40 years of development and accumulation, shall have a more rational and clear knowledge about the natural law of development.

She added that: Looking back in the history after 40 years, we shall have a better understanding of the fact that reform and opening-up is the key decision which determined the fate of China. It is the only way that leads China to development and progress, it not only deeply changed China, but also deeply influenced the world.

In the past 40 years, through the great course of reform and opening-up, Chinese people have made extraordinary historical achievements. In 1978, China’s gross domestic product is 364.5 billion Yuan (175 billion US dollar), and it reached 82.7 trillion Yuan (12 trillion US dollar) in 2017, with an annual average growth rate of 9.5%. China’s economic aggregate now is as 225 times as it was in 1978, and the value of foreign trade has increased from 12.3 billion US dollar to more than 4 trillion US dollar, She explained.

She affirmed that China has now become the world’s second largest economy, the largest industrial country, the largest goods trader and the country with the largest stockpile of foreign exchanges. China has realized the great leap from the low-income country to middle-income country.

She said that reform and opening-up is a great course for China to develop together with the world. In the past 40 years, China has always acted as a responsible major power in the progress of opening to the world. We have made significant contribution facing the Asia Financial Crisis in 1997 and the Global Financial Crisis in 2008. As the key anchor and driver for the world economy growth, China has been contributing over 30% to world economic growth for many years. There have been over 700 million people in China moved out of poverty in the past 40 years, which contributes over 70% to the world’s poverty reduction progress, and was called one of the greatest story in the human history by World Bank. We have always kept our promises when cooperating with others.

She said that China has attracted foreign investment for a cumulative total of 2 trillion US dollars, and become the trade partner of more than 120 countries and regions. The first China International Import Expo held in ShangHai last month has demonstrated the sincerity and determination of China for a wider openness.

The consumption structure of China’s residents’ is now experience a transformation from subsistence type to well -off type, the consumption demand has switched from sufficiency to high-quality. By the end of July 2018, China has 802 million Internet users and 533 million online shoppers. China is now stepping into a cashless society. Nowadays, all the payment in China, even buying food form snack bars, can be completed through smart phones. Chinese people are all sharing a great expectation and strong belief to a better future, She furthered.

She said that to achieve worldwide stability and prosperity, the international community is expecting China to propose more Chinese approaches, share more Chinese knowledge, and offer more public goods, just like the Belt and Road initiative.

In the 40-years progress of reform, China has gained a wealth of valuable experience, which includes: the strong leadership of an experienced political party, free of minds and theoretical innovation, gradual reformation and the balance between reform, development and stability.

As President Xi Jingping said on the conference celebrating the 40th anniversary of China’s reform and opening-up, Openness leads to progress while seclusion leaves one behind. China cannot realize development without the world, the world cannot achieve prosperity without China. The 21st century is a century of cooperation. A broad vision will open up broad vistas for our future cooperation. China will adhere to a wider openness, and build a community with a shared future for mankind. This is a clear signal from the China’s top leader demonstrating that China will carry on reform and opening-up policy, She explained.

Source: Oman News Agency