Page 481 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 4:21 PM H.E. Bin Touq explores strengthening cooperation with Governor of Guangxi
H.E. Bin Touq emphasised that the economic relations between the UAE and China serve as a
successful model of strategic partnerships based on diversity and innovation. H.E. reaffirmed the UAE’s
commitment to strengthening collaboration with the Guangxi region in vital sectors, including the new
economy, entrepreneurship, air transport, advanced industries, renewable energy, e-commerce,

logistics services, and tourism.

The Minister of Economy also highlighted the importance of continuing to explore new investment and
development opportunities that contribute to the sustainable development of both economies. H.E.
explained that the UAE serves as a strategic gateway to the Middle East and African markets, supported

by its position as a global hub for re-export and advanced logistics services. H.E. added that the UAE’s
comprehensive economic ecosystem empowers its partners, including Guangxi Zhuang, to expand to
new markets, facilitating the flow of their exports and overseas investments.

The meeting also explored opportunities for strengthening public-private partnerships between the two
countries, particularly in digital trade, smart manufacturing, advanced technologies, and infrastructure

investment. Discussions further covered the potential to expand cooperation in food security,
sustainable agriculture, free zones, tourism, air transport, and smart cities.

The Chinese side welcomed the prospect to expand economic cooperation with the UAE and to develop
new mechanisms for knowledge exchange in areas such as technology, logistics services, and port

services. This aligns with the global significance of both countries as influential economic hubs in the
international trade landscape.

Both sides further emphasized the importance of continued exchange of delegations and participation in
economic exhibitions and events, recognizing these platforms as key to enhancing partnerships
between their business communities and identifying new investment opportunities. They noted that the

abundance of opportunities offered by the rapidly evolving business communities in the UAE and China,
which have witnessed unprecedented advancement across all levels in recent years, add to the
importance of such joint efforts.

China is the UAE’s top global trading partner, accounting for a significant share of the country’s non-oil

trade. The UAE is currently home to over 15,000 Chinese companies operating across diverse sectors,
reflecting the growing confidence of the Chinese business community in the UAE’s business
environment. The bilateral trade between the UAE and Guangxi reached USD 969 million in 2024,
driven by a remarkable growth in cooperation between free zones on both sides.

Tourism is a key pillar of the UAE-China economic relations. In 2024, the UAE welcomed over one

million Chinese tourists, while the number of Chinese residents in the country reached approximately
350,000. Additionally, more than 250 flights operate between the two countries monthly.

-Ends-

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