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-














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