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People's Daily Online>>Foreign Affairs

Chinese businessmen seek investment in Palestinian territories


08:55, March 01, 2012

RAMALLAH, Feb. 29 (Xinhua) -- A Chinese delegation of 30 businessmen and academics on Wednesday wrapped up a visit to the West Bank, where they had discussed with their Palestinian counterparts the opportunities of investment in the Palestinian territories.

During the three-day visit, the Chinese delegation toured in the West Bank and visited three major Palestinian cities, where they met with Palestinian businessmen representing the private sector and academics.

The visit of Chinese delegation "was encouraging and successful, " said Rola Serhan, director of the Palestinian Investment Fund ( PIF), which organized the visit in cooperation with the Middle East Center at Shanghai University.

She told Xinhua that the visit was aiming to explore the opportunities of investment in the Palestinian territories and see the reality of the Palestinian economy.

The two sides agreed to organize more mutual visits to boost cooperation between the private sectors in both China and the Palestinian territories, Serhan said, adding that "and to start executing the proposed projects of investment."

Serhan expressed the Palestinian welcome of attracting foreign investment, mainly from China, in the Palestinian territories, saying it is opened for all opportunities of economic investment.

The Chinese delegation had also met during their tour with representatives of the PIF and their partners over the economic situation in the Palestinian territories and studied fields of common cooperation.

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