Page 348 - MOET PR REPORT- SEPTEMBER 2025

9/26/25, 4:33 PM UAE Leads Digital Innovation at Hangzhou Trade Expo
Al Saleh highlighted the strong UAE-China ties, noting that the UAE is China’s top non-oil trading partner in the
Middle East and Africa, handling more than 60 percent of China’s trade with the region. China has also become the
UAE’s largest global trading partner, reflecting a comprehensive strategic partnership.

“The digital economy currently contributes about 12 percent of the UAE’s non-oil GDP, and we aim to increase it to
20 percent by 2031, strengthening the UAE’s role as a hub for advanced technologies and digital investment,” Al
Saleh said. He also noted that the UAE was the first country to appoint a Minister of Artificial Intelligence in 2017.

According to UNCTAD’s World Investment Report 2025, the UAE ranked 10th globally for inbound foreign direct
investment in 2024, recording a record US$45.6 billion in FDI inflows. Chinese investment in the UAE totals around
$9 billion, with over 16,500 Chinese companies operating in the country, many in digital trade and advanced
technologies.

Al Saleh invited Chinese firms to view the UAE as a strategic hub for Middle Eastern, African, and Asian markets.
The UAE pavilion at the expo features ten government and private exhibitors showcasing initiatives in digital
transformation, AI, FinTech, and smart government services.

The event, held at the Hangzhou Grand Convention and Exhibition Centre, spans 155,000 square metres, making it
the largest edition since its launch in 2022. More than 1,700 companies are participating, including 360 international
exhibitors. Over 40,000 professional visitors are expected, including 10,000 from abroad. The expo will run until
September 29, 2025.

The UAE continues to strengthen its global presence in digital trade and innovation, using international platforms
like the Hangzhou Expo to attract investment and showcase technological expertise.

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