Page 241 - AJMAN TOURISM PR REPORT FLIP - MAY 2025

6/2/25, 3:20 PM Ajman Crown Prince witnesses signing of 10 strategic MoUs between Ajman government, Chongqing Municipality
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; Ajman Chamber of

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