Page 330 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

government and private sector representatives from the two countries attended the
opening.

On the sidelines of the exhibition, Beijing and the China Council for the Promotion of
International Trade jointly hosted the ‘UAE - Beijing Economic Forum’ themed ‘Forty Years
of Prosperity,’ celebrating the 40th year of the establishment of bilateral relations between

the UAE and China. The Forum reviewed plans and policies aimed at developing strategic
partnership and strengthening cooperation between the two countries in technology and
the new economy. It was also aimed at enabling intellectual property (IP) applications in
creative industries and exploring new opportunities to promote dialogue between the UAE
and China at the government and private sector levels.

In his speech at the Forum, Dr. Al Muaini emphasised that the bilateral partnership
between the UAE and China continues to scale new heights thanks to the shared
commitment of both leaderships. He noted that the UAE's participation in CIFTIS as well as

the economic forum in Beijing underscore the commonalities in the strategic visions and
plans of both nations and their commitment to enhancing cooperation in the development
of innovative economic and service solutions.

He added, "The exhibition is one of the most prominent global events in the services trade,
which provides a valuable opportunity to the participating countries to strengthen
cooperation in this regard. It is an important platform to promote national industries and
services before the international community, especially in manufacturing, technology and
innovation sectors and the new economy." He further emphasised the role of the China
Council for the Promotion of International Trade in facilitating trade partnerships and the

development of economic cooperation between the UAE and China in creative and
innovative industries.

The UAE pavilion at the exhibition familiarised visitors with the country’s status as a
sustainable destination for trade in new and diversified services and economic sectors.
They were apprised of the advantages and incentives offered by the UAE’s business
environment to entrepreneurs and investors, which consolidates its position as a global
hub for innovation and entrepreneurship.

The UAE-Beijing Economic Forum discussed joint business initiatives within the framework
of the UAE-China relations and their role in supporting economic growth globally and
regionally. Moreover, it reviewed successful economic and development projects on both
sides, especially in the areas of investment, trade, innovation, technological industries,
and energy.

https://www.wam.ae/en/article/b5d5d9a-uae-beijing-economic-forum-explores-
opportunities