Page 217 - AJMAN TOURISM PR REPORT FLIP - MAY 2025

which aspires to a diversified, competitive economy and sustainable development built on
innovation, a robust private sector, and improved quality of life for future generations.

Sheikh Abdulaziz also announced the launch of the Ajman Economic Report 2025, developed in
collaboration with the Oxford Business Group. The report highlights the Emirate’s economic growth
drivers and its path toward a diversified and sustainable economy aligned with Ajman Vision 2030.

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;

https://www.onearabia.me/business/ajman-chongqing-signing-strategic-mous-011-110759.html