The State of Qatar has a distinctive relations with the People’s Republic of China since the diplomatic relations between both States has started in 1988 AD; as State of Qatar is deemed an important economic and commercial partner for People’s Republic of China, since China’s economic growth is accompanied by continuous Qatari supplies in the field of power, taking into consideration that State of Qatar supplies the People’s Republic of China with 35% of their needs of the liquefied natural gas and its petrochemical derivatives. The joint relations between both States has experienced a significant development, after the recent visit of H.H. Sheikh Tamim Bin Hamad Al-Thani, the beloved Emir of Qatar, may Allah protects and saves him, to the People’s Republic of China, in all fields either economic or social relations, as a number of agreements and MOUs between both States has been executed, opening CNY Set-off in Doha as the first financial institution for the Chinese currency in the region, in order to confirm that the State of Qatar is a significant economic partner in the Middle East, and opening the Consulate-General of the State of Qatar in Guangzhou in line with promoting the bilateral relations between both States. The State of Qatar is also one of the first participating and supporting States for the Silk Road Initiative being a primary and significant station on the Silk Road, in addition to the importance of this initiative on the human and economic levels, in addition to the Qatari contribution in establishment of the Asian Infrastructure Investment Bank which the People’s Republic of China announced its establishment by 2015, moreover, the Qatar Tourism Authority entered into an agreement with the Chinese counterpart on 12/09/2017 in relation to attraction of the Chinese tourism and opening its first representative office in Beijing, the capital city of the People’s Republic of China.

In respect of the Qatari investment in the People’s Republic of China, it is deemed an effective investment of a developmental nature; as the State of Qatar, represented in Qatar Investment Authority, is a shareholder at the Agricultural Bank of China (ABC) by 13% with investment value of 1.7 Billion USD, given that this bank is one of the most important Chinese banks currently. In addition, there are a number of investments for Qatari businessmen in different regions of the State, and the State of Qatar is looking forward to more future investments in the People’s Republic of China.

The Chinese investments in the State of Qatar have reached USD 300 million, and there is a growing number of Chinese companies which visit State of Qatar in order to carry out works, contracting works, evaluation of engineering projects with a high quality. One of the most important projects is Hamad Port and Lusail Stadium, in addition to many significant projects in infrastructure sector.