Page 120 - AJMAN UNIVERSITY PR REPORT - MAY 2025

5/26/25, 11:59 AM Ajman Crown Prince Witnesses Signing Of Strategic MoUs With Chongqing - OneArabia

The conference showcased investment opportunities across various Emirates through presentations. Sheikh Abdulaziz stressed that the Crown Prince’s leadership
reflects Ajman's commitment to international cooperation with China, building on long-standing ties.

He also announced the launch of the Ajman Economic Report 2025 in collaboration with Oxford Business Group. This report outlines Ajman's economic growth drivers
and its path towards a diversified economy aligned with Ajman Vision 2030.

Key Sectors and Future Prospects

The report highlights key sectors such as industry, technology, tourism, and financial services. It addresses digital transformation efforts while balancing cultural identity
with economic development. It underscores Ajman's growing global investment stature.

Sheikh Abdulaziz invited Chinese companies to explore UAE’s opportunities and join its development journey embodying the UAE-China partnership spirit. He noted
both countries share visions for sustainable development and innovation.

Strengthening Bilateral Relations

The conference provided a platform for business communities to engage directly and explore new initiatives to deepen economic ties. Sheikh Abdulaziz thanked the
UAE Embassy in Beijing for fostering cooperation between the two nations.

The UAE Ambassador to China confirmed that non-oil trade exceeded US$ 90 billion in 2024, with aspirations to reach US$ 200 billion by 2030. This reflects the depth
of economic relations between both countries.

Chongqing's Role in Economic Cooperation

Ding Xiangdong, Deputy Mayor of Chongqing Municipal, praised bilateral relations' level at the conference. He stressed Chongqing's strategic role in Western China's
economy and its significance in the Belt and Road Initiative.

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