摘要
The relationship between China and GCC is considered an important component in the economic relationship between China and the Middle East.The rapid economic development in China makes the demand of energy increased while the GCC states need a stable energy market for their economic development,since energy is their pillar industry.Cooperation in the field of energy becomes the core of bilateral economic cooperation,which is reflected in trade,investment and construction projects.The development of an energy relationship fuels trade,investment and construction project contracting,enlarging the scale of economic cooperation.It is believed that by maintaining and developing the bilateral economic relationship with the GCC,encouraging the smooth petrodollar recycling,increasing oil imports from the GCC states while keeping the balance of payment and stable oil import,China is able to maintain a positive economic operation.Therefore,the economic relationship between China and the GCC states is promising.
