Page 486 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 4:21 PM Minister of Economy explores strengthening cooperation with Governor of Guangxi – UAE Business and Travel Insights – TotalUAE…
He 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. He 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 of expanding economic cooperation with the UAE and developing 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 emphasised the importance of the continued exchange of delegations and participation in
economic exhibitions and events, recognising 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 US$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.

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