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20 April 2024

Dubai strengthens ties with China

Published

China is an exciting development experience of many countries of the world.

It has been able to boil down decades to turn into the second largest economy in the world, and the locomotive of world trade, said H E Hani Al Hamli Secretary-General of the Dubai Economic Council (DEC).

Al Hamli stressed that the DEC seeks to deepen the partnership between Dubai and China by proposing mechanisms and policies and communicating with the various economic departments in China.

Hani Al Hamli’s remarks were made during a meeting with a Chinese delegation from the China Council for the Promotion of International Trade (CCPIT), Linyi Branch Office and Linyi Chamber accompanied by a number of Chinese leading business men, who are specialized in the field of retail, glass industry and recycling.

The Chinese delegation included Mrs. Yue Lijuan, President Party Secretary, CCPIT Linyi Branch, CCOIC Linyi Chamber, Mr. Xu Tiecheng, General Manager of the Shandong area, China Recycling Development Corporation Ltd., Mr. Zhang Hongzi, Xukun Lighting Appliances Co. Ltd. Shandong, Mr. Cao Jilian, Chairman of Shandong Lanhua Group, and the former Chinese Vice Consul in Dubai.

At the meeting which took place at the DEC office both parties discussed means of boosting bilateral economic and investment relations. 

Al Hani demonstrated a detailed explanation about the most important economic developments in Dubai.

He pointed out that Dubai has managed over the years to prove itself as a regional, global trade hub providing state of the art logistics, thanks to its modern infrastructure and extensive network, including shipping lines and transport with the highest international standards, making it an attractive environment for investors from all over the world.

He added that Dubai also has strong bilateral business relationships with a number of countries, from the east and the west, but the relationship with China is of special strategic significance beyond the tradition to affect vital areas such as energy, industry and infrastructure, in addition to a number of strategic projects in the pipeline by major Chinese companies.

Al Hamli stated  that the DEC has been always present in several activities which took place in China.

Yue Ljuan "Dubai is the first destination for Chinese foreign investments"

Mrs. Yue Lijuan, President Party Secretary, CCPIT Linyi Branch, CCOIC Linyi Chamber, expressed admiration for the urban and cultural development witnessed in Dubai. Emphasizing that logistics enjoyed by the emirate comparable to those available in the city of Linyi, which makes Dubai the first destination for the Chinese foreign investments, this along with the strong relations between the People's Republic of China and the UAE.

She added that the Government of China is supporting the creation and development of several projects in the Emirates. These include: tourism, industry and retail in addition to recycling.

She also said that the UAE leads the list of countries that want to invest in them. Mrs. Lijuan called DEC to sign a cooperation agreement to support the successful implementation of Chinese future projects in Dubai.

UAE welcomes Chinese investment in all areas, focusing on tourism, especially in light of Dubai vision 2020 to develop the tourism sector launched by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai. The goal is 20 million tourists & AED 300 billion in tourism revenues annually by 2020.