Page 377 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025

3/4/25, 3:07 PM Over15,000 Chinese companies operating in UAE markets: Minister of Economy
the participation and presence of more than 400 leaders, decision-makers and

entrepreneurs from the Arab world and China.

In his opening statement, Abdullah bin Touq Al Marri, Minister of Economy and

Chairman of Investopia, underlined that the Summit represents a new chapter in the

economic relations between the Arab countries and China, noting that joint relations

have witnessed sustained momentum over the past period and that the UAE is keen

to contribute to the development of this strategic partnership, pushing it to more

advanced and prosperous levels.

The UAE and China enjoy strong economic and trade relations, with China being

the UAE's largest trading partner and the UAE remaining China's largest partner in

the Middle East and North Africa region. Nearly 15,500 Chinese companies have

operated in the UAE markets so far.

He stated: "We are confident that the common denominators of visions and

strategies aimed at expanding into new sectors of the economy will enhance the

future of economic and investment relations."

He affirmed that the UAE market has succeeded in attracting significant Chinese

investments over the past decades, with hundreds of Chinese companies investing

more than $6 billion in various sectors such as retail, financial services, real estate,

and construction, building on the competitive business environment developed by

the country, which include long-term residency programs and 100% foreign

ownership of companies and streamlined business licensing procedures and ease of

business establishment, thereby establishing the UAE's position as a leading

business and investment destination, in the light of the objectives of 'We the UAE

2031.'

He explained that the UAE supports the Belt and Road Initiative to promote shared

prosperity and economic development. The initiative contributed to trade

development, increased investment flows, and extended economic partnerships that

benefit both Arab and Chinese sides.

Bin Touq called on the importance of employing modern technologies, enhancing

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