Page 490 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
P. 490
4/14/25, 4:22 PM Latest News
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-
https://www.arabbnews.com/english/Latest-News.asp?id=18240 2/2

