Qatar Seeks Closer Ties With China to Drive Economic Transition

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Qatar, one of the world’s largest exporters of liquefied natural gas, has been intensifying efforts to attract global businesses and talent

Qatar is looking to attract more Chinese investment and deepen bilateral business ties in emerging sectors, particularly in advanced manufacturing, as part of the Gulf state’s drive to diversify its economy.

China’s technology innovation and manufacturing capabilities, coupled with Qatar’s strategic market access, strong logistics and low energy costs, create an excellent platform for manufacturing expansion, said Fahad Ali Al-Kuwari, senior manager of investor relations at Invest Qatar, an investment promotion agency.

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Qatar seeks to attract Chinese investment and deepen business relations, particularly in advanced manufacturing, to diversify its economy.
Qatar has opened an office in Hong Kong to promote partnerships, attracting over 250 Chinese companies and facilitating a rise in Chinese investments from $1.4 million in 2014 to $157 million in 2022.
Initiatives like the Startup Qatar Investment Program and QIA's $1 billion venture capital fund aim to support startups and innovative businesses, boosting GDP and job creation.

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Who’s Who

Huawei Technologies Co. Ltd.: Huawei Technologies Co. Ltd. is one of the over 250 Chinese companies registered in Qatar. It is a telecom giant that sees Doha as a gateway to tap markets in the Middle East and Africa, taking advantage of Qatar's strategic positioning and investment-friendly environment.

Zhengzhou Yutong Bus Co. Ltd.: Zhengzhou Yutong Bus Co. Ltd. is an electric-vehicle maker among the more than 250 Chinese companies registered in Qatar. The firm is leveraging Doha as a gateway to penetrate markets in the Middle East and Africa.

Weifang Changda: Weifang Changda is an engineering group mentioned among the 250 Chinese companies registered in Qatar. They have established a presence in Doha, leveraging Qatar as a gateway to access markets in the Middle East or Africa. This is part of Qatar's strategy to attract Chinese investment and deepen bilateral business ties in advanced manufacturing and other emerging sectors.

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