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Minister of Economy: More than 25 agreements in manufacturing and renewable energy between the UAE and China

Media In – Abu Dhabi on July 17,

“China is the world’s second-largest economy and is one of the most important players in the growth of the economy, trade movement and investment flows globally,” said Sultan bin Saeed Al Mansouri, Minister of Economy. . He stressed the clear desire expressed by the leaders of the two countries to develop the course of this partnership, which has been continuously achieved through high-level visits, the most recent of which is the visit of His Excellency Xi Jinping, President of the People’s Republic of China, to the UAE tomorrow, which is an extension and complement of the friendship and partnership efforts, Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces during his visit to the Republic of China in 2015. He pointed out that the Chinese tourism to the UAE in 2016 registered more than 870 thousand visitors, and is on the list of the top 10 tourism markets of the country and China is the first trade partner of the UAE in 2017, while the UAE is one of the most important trading partners of China in the region. The UAE hosts around 300,000 Chinese nationals working in various economic sectors of interest. Countries are connected with more than 75 flights a week linking the UAE cities with the major Chinese cities, thus providing more trade and investment opportunities, promoting tourism, cultural, scientific and technical exchange and sharing knowledge. Experiences. Over the past years, efforts and agreements have been signed and signed for more than 25 agreements and memorandums, including strengthening cooperation in important areas such as manufacturing, industrial capacity enhancement, small and medium-sized enterprises, hydrocarbon and renewable energy, information and communication technology, , Investment partnerships, tourism, logistics and financial services, operation, management and development of seaports, and others. The Minister of Economy pointed out that there are more than 4000 Chinese companies operating in the country, including free zone companies, in addition to nearly 300 commercial agencies and 5000 registered trademarks with the Ministry of Economy.

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