Bilateral trade between the UAE and China amounted to over AED 41 billion in the first quarter of the year, a 16 per cent increase compared to the same period in 2018.
According to Dubai's Department of Economic Development (DED), 618 new business licenses were issued to Chinese companies last year which shows a year-on-year increase of nearly 23 per cent.
By the end of 2018, nearly 6,000 effective business licences for Chinese companies were registered in Dubai.
This week, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE armed Forces will embark on a state visit to the East Asian nation.
H.H. Sheikh Hamdan praises progress of Dubai Cashless Strategy
DIEZ doubles size of Oraseya Capital fund to AED1 billion
UAE ranked top worldwide in AI integration across key sectors
UAE to participate in annual IMF, World Bank meetings in Bangkok
