Media ININ Economy We Trust
Media In-Abu Dhabi, July 14, 2018 and WAM
The infrastructure of the UAE has been the source of many international quality indicators as well as security and stability, considering the important Middle East station on the Silk Road of the 21st century with countries along the belt. The “Road and Road” initiative launched by China with the aim of developing and establishing trade routes and economic corridors connecting more than 60 countries is a development strategy that focuses on communication and cooperation between countries, especially between China and Europe and Asia. It includes two main branches, Silk Road “. China Industrial Commercial Bank (CBI), one of the world’s largest banks with assets of $ 2.32 trillion, has sought to strengthen its position in the Middle East and contribute to the development and growth of UAE-China relations against the backdrop of the growing role of the UAE and its international strength in general and business flows. Between UAE and Chinese companies. With the interest of Chinese companies to invest, Abu Dhabi Ports signed a 50-year agreement with the Overseas Investment and Cooperation Corporation of Jiangsu Province Ltd. (Jusik) in Khalifa Free Trade Zone of Khalifa City Industrial City to achieve common objectives, promote economic development and add quality of industrial and commercial activity. Through an integrated system that supports the growth and prosperity of the industry, trade and logistics sectors. The signing of five Chinese companies, “Suzhou Jiangyi Wood”, “Jiangsu Ginzi Aerospace Holding”, “Hanerji Thien Film Power Group” and “Jiangsu Fantai”. And Juang Cheng have signed more than AED 1.1 billion worth of leasing contracts with Goosek to take early advantage of the trade benefits of the agreement by providing more than 1,400 jobs, enhancing the financial strength of the region and deepening its ties with the Belt and Road Initiative.
