The two sides agree to make full use of the mechanism of the China-Oman Joint Committee of Economics and Trade, expand mutually beneficial cooperation in infrastructure construction, industrial parks, railways, ports, power stations and logistics, and promote the all-round development of bilateral economic and trade relations.

The two sides believe that energy cooperation is an important pillar of pragmatic cooperation and support further cooperation in such fields as crude oil trading, exploration and development of oil and gas resources, service engineering and refining and chemical industry. They agree to strengthen cooperation in new energy and renewable energy, the statement said.

The two sides are willing to promote financial cooperation. They support the discussion on the possibility of developing monetary cooperation and playing the role of own currency in bilateral trade and investment.

They encourage financial institutions of the two sides to provide financial support for bilateral trade and investment cooperation.

The two sides will carry out cultural exchanges in various forms to increase understanding and friendship between the two peoples, according to the statement.

China will provide more opportunities for Oman students to study in China and support Chinese language teaching in Oman. Both parties are willing to actively study the establishment of a Chinese cultural center in Oman.

The two sides are willing to strengthen exchanges and cooperation in the areas of law enforcement security and anti-terrorism, strengthen intelligence and information exchanges and carry out technical cooperation and personnel training.

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