Page 59 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

Press Release

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.

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