Professor at San Francisco State University: Armenia should develop ecotourism
11.07.2013,
18:28
YEREVAN, July 11. /ARKA/. Armenia’s environment is favorable for developing ecotourism, Xiaohua Yang, a professor at the San Francisco State University, said today in Yerevan at an international conference on post-crisis developments in the global economy and challenges to Armenia’s economy.
YEREVAN, July 11. /ARKA/. Armenia’s environment is favorable for developing ecotourism, Xiaohua Yang, a professor at the San Francisco State University, said today in Yerevan at an international conference on post-crisis developments in the global economy and challenges to Armenia’s economy.
Specialists fr om Armenia, China, the United States, and the United Kingdom gathered yesterday in the Yerevan State University to attend this two-day conference organized by the Alternative research center jointly with the Center for European Studies.
Special attention was paid to application of China’s experience in other countries economies and to direct investments across the world.
“Armenia produces organic foods and this can attract tourists from the entire world, including China,” she said.
The expert said that Armenia also has a rich intellectual potential, but its resources and capital are lim ited.
Therefore, Chinese investments could spur development of infrastructures and industry in Armenia and create new jobs in the national economy.
Yang also said that Armenia can strengthen its trade and investment ties with China and also can become a mediator for neighboring countries in establishment of relations with China.
She said that high-technology segments are attractive for China – the countries can implement joint projects on this field.
In her words, some 40 Chinese companies have already invested money in certain segments of Armenia’s economy, mainly in retail and wholesale trade and energy.
According to the National Statistical Service of Armenia, direct Chinese investments made in Armenia’s real sector in 2012 totaled $1.3 million.
Trade between Armenia and China amounted to $431.7 million in 2012 showing 2.8% year-on-year growth.
China’s share in Armenia’s foreign trade turnover was 7.6% in 2012. Chinese imports to Armenia totaled $400.4 million – 0.9% year-on-year decline, and Armenian imports to China totaled $31.3 million – 92.3% growth. ---0----
Specialists fr om Armenia, China, the United States, and the United Kingdom gathered yesterday in the Yerevan State University to attend this two-day conference organized by the Alternative research center jointly with the Center for European Studies.
Special attention was paid to application of China’s experience in other countries economies and to direct investments across the world.
“Armenia produces organic foods and this can attract tourists from the entire world, including China,” she said.
The expert said that Armenia also has a rich intellectual potential, but its resources and capital are lim ited.
Therefore, Chinese investments could spur development of infrastructures and industry in Armenia and create new jobs in the national economy.
Yang also said that Armenia can strengthen its trade and investment ties with China and also can become a mediator for neighboring countries in establishment of relations with China.
She said that high-technology segments are attractive for China – the countries can implement joint projects on this field.
In her words, some 40 Chinese companies have already invested money in certain segments of Armenia’s economy, mainly in retail and wholesale trade and energy.
According to the National Statistical Service of Armenia, direct Chinese investments made in Armenia’s real sector in 2012 totaled $1.3 million.
Trade between Armenia and China amounted to $431.7 million in 2012 showing 2.8% year-on-year growth.
China’s share in Armenia’s foreign trade turnover was 7.6% in 2012. Chinese imports to Armenia totaled $400.4 million – 0.9% year-on-year decline, and Armenian imports to China totaled $31.3 million – 92.3% growth. ---0----
