Bilateral trade between Qatar and China jumped 45% to $8.45bn in 2012, Chinese Ambassador to Qatar Gao Youzhen said.
"China mainly imported energy products such as oil and gas from Qatar, while Qatar imported a large number of items from China such as electrical and construction materials, daily use materials, furniture and many more," said Gao in an interview with Gulf Times. Qatar's exports to China stood at $7. 2bn, while imports from China were valued at $1.2bn in 2012, he said.
Gao said China and Qatar have signed a number of agreements to promote trade and investment. "We have signed many inter-government and trade agreements to encourage and protect investment opportunities in both the countries. We have also signed agreements for co-operation in the aviation sector," he said.
Yet another sign that this country is diversifying in the right direction.
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