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China's support for small businesses praised by Arab youth council (2)

(Xinhua)

08:51, November 22, 2012

"Firstly I was perplexed and didn't know from where I could start. I knocked all the doors of the officials but no one intended to help me," he said. "For that reason I decided to set up a company to help the young people with their projects."

Suwaidi praised China's friendly environment that encourages the small enterprises to embark on endeavors.

"I stayed in China for many years, and I knew that 82 percent of China's patents are held by small and medium-sized enterprises. "

"China facilitates small investors by deregulating and guiding them to the areas where they can market their commodities," he added, noting that China supports the small entrepreneurs by many favorable policies while over 95 percent applications filed by small projects are refused in Arab countries.

Meanwhile, Yemen's Minister of Youth and Sports Moammar Al- Eryani said in an interview with Xinhua that China must be taken as an example in utilizing the young people's skills.

"I wish there is a council that brings together Arab and Chinese young people to share the experience," he added.

With 19 members, the Arab Youth Council for Integrated Development was founded in 2003 in collaboration with the Arab League Youth Administration with the aim to help Arab young people to grow in various fields.


【1】 【2】



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