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Economic and Trade Exchanges Between Dubai and Chengdu Are in Full Swing, Fruitful Investment Indicates a Promising Future

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Economic and Trade Exchanges Between Dubai and Chengdu Are in Full Swing, Fruitful Investment Indicates a Promising Future

September 11
22:15 2019

2019 Chengdu-Dubai Economic and Trade Cooperation and Exchange Conference was held in Dubai on September 8th local time. The venue was initially planned for 120 people but turned out to be crowded with participants standing shoulder to shoulder because of the promising cooperation opportunities. Entrepreneurs outside the venue were conversing in a delight ambience whilst tasting the authentic and delectable food of Chengdu.

During the meeting, 8 Chinese enterprises including Chengdu Shuangliu District People’s Government, Chengdu High-tech Industrial Development Zone Management Committee, Wanglai Yunshang Global Information and Technology Co., Ltd. (Southwest Headquarters) and Chengdu Shibo Weilai Culture Communication Co., Ltd. have signed cooperation agreements with 6 Dubai enterprises respectively with a total investment of 37.4 billion yuan.

 

In point of fact, the long history of economic and trade cooperation between Chengdu and Dubai has witnessed countless cooperation projects. From the strategic cooperation agreement between Chengdu and Dubai International Financial Center (DIFC) in 2011, to the operation of direct flights connecting Chengdu and Dubai in 2016 and the attractive cultural tourism project—Airport Future City in July this year, to name just a few, Chengdu and Dubai are working in harness for a promising future.

“As we all know, Chengdu is an important business and trade logistics center, high-tech industrial base and transportation hub in southwestern China with strong comprehensive strength and positive development momentum. It has therefore become the first consideration for many domestic and international enterprises to invest in China and explore the western China market.” Li Xuhang, Consul General of Chinese Consulate General in Duba, said at the meeting that as important economy, trade, transportation, science and technology and tourism centers, Chengdu and Dubai are highly complementary in urban development planning and have much to offer in promoting the integration of “Belt and Road” initiative and “Silk Road” strategy. “Recent years have seen close contacts between Chengdu and Dubai. As loads of Chengdu enterprises have set branches in Dubai, they are playing an important role in expediting Chinese enterprises’ going global and enhancing the international influence of Chinese enterprises.”

“Words are leaves while action is the fruit”. The Arabic adage also gives us some inspiration: The rapid development of Chengdu is unachievable without the ably support of advanced cities in the world such as Dubai. Chengdu has seen the cooperation opportunities with Dubai based on development thinking pertaining business, tourism, finance, science and technology and other aspects. Chengdu hopes to share future development opportunities with global enterprises including UAE enterprises.

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Country: China
Website: https://www.cdsb.com/