Page 496 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
P. 496
4/14/25, 4:22 PM Minister of Economy explores strengthening cooperation with Governor of Guangxi
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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