Today's Edition
ABU DHABI (WAM)
Zhang Yiming, Ambassador of the People's Republic of China to the UAE, has emphasised the significance of the ongoing China-Arab Entrepreneurs Summit 2024, which commenced in Abu Dhabi on May 15.
In press statements on the sidelines of the summit, the ambassador said that the event centres on a series of issues, including green innovation, energy security, technological innovation, financial investment, digital transformation in the education sector, and other sectors, to strengthen practical cooperation between China and Arab countries.
He commended the extensive strategic partnership between China and the UAE, emphasising that the bilateral ties have upheld a robust trajectory in recent years under the guidance of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Chinese President Xi Jinping.
Despite the global economic slowdown in 2023, trade between China and the UAE reached nearly US$100 billion, he said, highlighting the UAE's status as China's second-largest trading partner.
The Emirates is a primary market for Chinese exports and the third-largest market for Chinese engineering projects in the Arab world, he added, noting the privileged bilateral cooperation across various sectors, with over 8,000 Chinese companies involved.
