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5/30/25, 3:32 PM UAE highlights commitment to building strong global trade, investment ties at ASEAN-GCC-China Economic Forum

“Our foreign trade policy has been designed to bring our economy closer to the markets of Asia, and
together we can increase the flow of goods and services between us, support vital infrastructure
projects, share knowledge and accelerate innovation. This forum has underlined the depth of this
potential – and created the platform to help the nations of our high-growth regions realize it,” Al
Zeyoudi added at the ASEAN-GCC-China Economic Forum.

Read: GCC, Malaysia to strengthen trade relations through new agreement

UAE–China non-oil trade hits $90.1 billion in 2024

The UAE also has strong trade and investment links with China. The total value of UAE–China
non-oil trade reached $90.1 billion in 2024, reflecting a growth of 4 percent compared to 2023, and
increases of 16.5 percent and 48 percent compared to 2022 and 2021, respectively. China remained
the UAE’s top trading partner in 2024, accounting for 11 percent of the UAE’s total non-oil trade
with the world.

The ASEAN-GCC-China Economic Forum, held in conjunction with the inaugural ASEAN-GCC-
China Summit, 2nd ASEAN-GCC Summit and 46th ASEAN Summit, brought together leaders and
representatives from China, the ten Association of South East Asian Nation nations )Brunei,
Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam)
and the six Gulf Cooperation Council nations.

Together, these countries are home to more than two billion consumers and account for over 20
percent of the world’s GDP.

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