Page 40 - ECI PR REPORT - NOVEMBER 2024

11/11/24, 8:49 AM Latest News
totalled USD 1.78 billion in 2023, showcasing a notable increase of 10.6 per cent compared to 2022. These
figures highlight the robust trade and investment relations between the two nations, as well as the presence

of several collaborative development projects in both the public and private sectors.

By the end of last year, the cumulative UAE direct investment balance in China stood at USD 4.5 billion.
Similarly, the cumulative Chinese direct investment balance in the UAE had reached USD 8.91 billion by the

end of 2023.

Through its presence at ADIPEC 2024, ECI exemplified its commitment to catalysing the development of
UAE-based export and re-export companies, as well as their expansion into emerging markets. The platform
also enabled ECI to explore new avenues of opportunities for regional businesses, to promote the growth of

the national economy and bolster its competitiveness on the regional and global fronts.

-Ends-

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