The UAE-China Investment Summit calls for strengthening strategic partnerships

ABU DHABI, 16 December / WAM / The UAE-China Investment Summit, organized by HSBC Bank in cooperation with the Abu Dhabi Global Authority during Abu Dhabi Financial Week, concluded with a call to strengthen economic relations and strengthen strategic partnerships between the UAE and China.
The summit, held on the occasion of the 40th anniversary of the economic partnership between the UAE and China, brought together leading political experts, economists, investors and business leaders to discuss opportunities for cooperation in areas such as trade, investment, sustainable finance, innovation, technology and infrastructure development.

The organization of the summit is based on the strong economic relations existing between the UAE and China, as the UAE enjoys an important position as China’s largest trading partner in the Middle East.
Salem Mohammed Al Darei, CEO of the Abu Dhabi Global Authority, said that the summit represented another important milestone in the framework of diplomatic relations, and provided a platform to explore more opportunities in the fields of trade, investment and cultural exchange between the two countries, noting that this cooperation confirms the economic potential of the Emirate of Abu Dhabi as a “capital.” Capital” as well as the role of the Abu Dhabi Global Market as the fastest growing international financial center in the region.

Al-Darai added: With the increasing global demand in the Chinese subcontinent, we affirm our commitment to supporting strategic partnerships that drive sustainable growth, innovation and mutual investments, which contributes to continuing to strengthen diplomatic relations between our strategically important countries that date back nearly forty years.
His Excellency Zhang Yiming, Ambassador of the People’s Republic of China to the UAE, said in his speech during the summit, “This year we celebrate 40 years of strong diplomatic relations between China and the United Arab Emirates, a relationship built on the foundations of shared ambitions and purposeful cooperation, and the investment summit reflects The Emirati-Chinese, organized by HSBC Bank, demonstrates our commitment to exploring new opportunities, building stronger relations, and paving the way for sustainable economic growth that benefits both countries.”
Mohammed Abdul Rahman Al Marzouqi, CEO of HSBC Bank Middle East in the United Arab Emirates, stressed the bank’s role in promoting bilateral investments between the two countries, noting that the pace of mutual bilateral investments between the UAE and China has increased over the past decade, with the volume of commercial transactions reaching Non-oil: US$81 billion in 2023.

He added that with the acceleration of the transformation witnessed by the Emirate of Abu Dhabi, in addition to China’s strengthening of its global leadership role in the fields of trade, renewable energy and innovation, the trade corridor is poised to witness a significant increase in the volume of available opportunities, thanks to the long history of HSBC Bank and its strong presence in both countries. With our two markets and our exceptional global network of branches, we are in a unique position to help companies and institutions take advantage of the growing growth opportunities between the two countries.
The summit included discussions and presentations of investment opportunities and exclusive networking opportunities, which strengthened the position of this summit as a key event for Abu Dhabi Financial Week.
The summit also emphasized the two countries’ commitment to accelerating growth in priority sectors, including renewable energy and digital transformation.

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