Page 132 - AJMAN UNIVERSITY PR REPORT - MAY 2025

5/26/25, 12:00 PM Ajman Crown Prince witnesses signing of 10 strategic MoUs between Ajman government, Chongqing Municipality - The Tribune
The report showcases key sectors such as industry, technology, tourism, and financial services, addressing efforts in digital
transformation and balancing cultural identity with economic development. It underscores Ajman's growing stature on the global
investment map and provides a comprehensive analysis of its economic landscape and available investment opportunities.

Sheikh Abdulaziz welcomed Chinese companies and investors to explore the UAE's exceptional opportunities and join a thriving
development journey that embodies the UAE-China partnership spirit. He noted that the two countries share aligned visions for
sustainable development, innovation, and a future-forward approach. The conference, he said, offers a vital platform for direct
engagement between business communities and highlights new initiatives to deepen economic ties.

He concluded by thanking the UAE Embassy in Beijing and organising entities for their efforts in fostering bilateral cooperation and
supporting initiatives that contribute to a brighter, more prosperous future for both nations.

For his part, the UAE Ambassador to China confirmed that the conference reflects the depth of the two countries' economic relations. He
noted that non-oil trade exceeded US$ 90 billion in 2024, with mutual aspirations to reach US$ 200 billion by 2030.

Ding Xiangdong, Deputy Mayor of the Chongqing Municipal, commended the level of bilateral relations and stressed the importance of
the conference in deepening cooperation. He emphasised Chongqing's strategic economic role in Western China and its significance in
the Belt and Road Initiative, seeking to enhance global partnerships in advanced industry, smart transport, energy, and cultural exchange.

He affirmed the municipality's commitment to providing a welcoming environment for UAE businesses and boosting institutional and
economic collaboration.
The conference witnessed active participation from KEZAD Group, Ras Al Khaimah Economic Zone (RAKEZ); Abu Dhabi Investment
Office; Dubai Chambers; Ajman Free Zone Authority; Ajman Chamber of Commerce; and several CEOs and investors.

Key MoUs signed between the Government of Ajman and Chongqing Municipality included collaborations between the two following
entities: Ajman's Department of Economic Development and Chongqing's Economy, Trade, and IT Commissions; Ajman's Department of
Tourism Development and Chongqing's Culture and Tourism Committee; Ajman's Ports and Customs Department and Chongqing's Ports
and Logistics Office; Ajman Chamber of Commerce and Industry and the China Council for the Promotion of International Trade (CCPIT)-
Chongqing; and Ajman Free Zone and the Liangjiang New Area Free Trade Zone.

For academic cooperation, Ajman University signed MoUs with Chongqing University, and Southwest University. City University Ajman
also signed an MoU with Southwest University, fostering academic and research collaboration and student exchange.

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