Salam alaikom and good morning.
First of all, may I take this opportunity to express my warm congratulations to the opening of the eighth China Products Fair in Amman. I would also have great pleasure to welcome heartily most distinguished guests from Jordanian government and business community, our Chinese delegations as well as all exhibitors and friends present here at this wonderful event.
Since 2004, China Products Fair has been held successfully for seven consecutive years. With generous help by governments and friends from all walks of life of both China and Jordan, the Fair has enjoyed an ever larger attendance and a richer exhibit variety of products. As the largest China products trade show in Middle East, the Fair has become one of most important trade and investment platforms of information and opportunities for China, Jordan and the region. It has made real great contribution to enhance Sino-Jordan and Sino-Arab trade relations.
I am delighted to see that the current Fair becomes the largest one ever in its own history. It covers about 12,000 square meters with more than 400 Chinese participants. The exhibition products on display come from 13 different areas such as textile and apparel, building materials, automotive industry, machinery, food and equipment. All these are harbingering an ever brighter future is right there in store for a very promising China-Jordanian business partnership of mutual development and prosperity.
Ladies and gentlemen,
The Fair this year comes in a particularly important moment in China's reform and development as well as China-Jordan relations. It is being held when the whole China is celebrating its 62th anniversary of the birth of new China since Oct. 1st, 1949. We Chinese people all these years have been marching along striving for our modernization with great achievements. With wonderful friendship and support from our Jordanian friends, we are fully confident that in the years to come along with path of peaceful development as our national strategy indicates, our trade and economic cooperation with Jordan will witness even more successes. This year is also the 1st year to start China's new 12th Five-Year Plan in our national economic and social development. With this plan, China will focus more on shifting of model of growth in pursuing economic and social development for a resource-saving and environment-friendly society. China's economy will see even greater development and expansion, which will certainly bring more opportunities for our Jordanian and regional friends. We are indeed ready to provide best possible quality and most cost-effective goods and services for you all.
As you all have seen, China and Jordan enjoy solid bilateral friendly ties. Our relationship, owing to the great importance attached and guidance given by President Hu Jintao and His Majesty King Abdullah II, has witnessed rapid growth and reached a new high. Our trade volume increased in 2011 with a total amount of $1.6 billion in the first seven months, an increase of 32.3% comparing to that of 2010. And the import volume from Jordan to China meanwhile reached $150 million, growing by 123.3% compared to that of last year. Our cooperation in investment and contract has expanded smoothly. Looking into the future, Chinese government will continue to push our enterprises to work actively with our Jordanian partners and friends to expand business. I would strongly encourage the business communities of the two countries take this exhibition as another great opportunity to further tap our potential and expand cooperation.
Let's wish together the eighth China Products Fair a great success and exhibitors and participants a happiest time.