On November 21, H.E. Chen Chuandong, Chinese Ambassador to Jordan met with the new Jordanian Minister of Investment H.E. Kholoud Saqqaf and had in-depth exchanges on strengthening investment cooperation between the two countries.

Ambassador Chen pointed out that China and Jordan have enjoyed long-standing friendship, with bilateral relations and cooperation in various fields being constantly elevated to new highs under the strategic guidance of leaders of the two countries. Jordan, as an important regional gateway, has attracted investment from many Chinese enterprises in recent years, and the newly enacted Investment Environment Law offers new opportunities for investment cooperation between the two countries. At its 20th National Congress, the Communist Party of China drew up a grand blueprint for a new journey in the Chinese path to modernization to achieve the second centenary goal, and reaffirmed its commitment to contribute to building an open global economy. Under the leadership of His Majesty King Abdullah II, Jordan is undertaking political, economic and public sector reforms, which opens up Jordan’s second centenary journey of modernization. China is ready to work with Jordan, taking advantage of new horizons of their respective second centenary journeys and the 45th anniversary of the establishment of diplomatic ties, to strengthen synergy of development strategies by exploring more new areas of economic, trade and investment cooperation so that the two peoples can reap more benefits from their win-win cooperation.

Minister Saqqaf applauded the achievements of bilateral investment between Jordan and China and briefed Ambassador Chen on the preferential and facilitating policies under the new Investment Environment Law. She said that Jordan is committed to creating a good investment environment, protecting the interests of investors, so as to attract investment from Chinese and other businesses in an effort to promote economic development and create more job opportunities. She added that the Ministry of Investment is willing to strengthen communication with Chinese embassy and Chinese businesses to further economic, trade and investment cooperation between Jordan and China.