Page 136 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/20/24, 4:35 PM UAE-China Business Forum explores strategies to enhance trade - Dubai 92 - The UAE's Feel Great radio station
Bin Touq described the gathering as a crucial platform for fostering bilateral economic and investment cooperation
and advancing partnerships.

He also discussed the UAE's new economic model and recent legislative changes aimed at enhancing its

attractiveness for foreign investments.

The minister invited Chinese companies to explore opportunities in various sectors, including tourism, aviation,
fintech, e-commerce and more.

The tourism sector, a key pillar of UAE-China cooperation, has seen significant growth, with 1.2 million Chinese
visitors to the UAE in 2023, a 213 per cent increase from the previous year.

Additionally, UAE national carriers now operate 44 flights per week between the two nations.

The forum also showcased successful Dubai-based companies that have expanded their operations and
partnerships in China, alongside Chinese firms that have capitalised on the business growth opportunities available
in the emirate.

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