UAE, China set to step up trade in transition to digital economy

UAE, China set to step up trade in transition to digital economy

Dubai / WAM

Bilateral trade between the UAE and China will continue to surge in the coming years due to the strong trade relations and people-to-people synergies between the two countries as they transition to the digital economy. High-level panelists at the first China-UAE Economic and Trade Digital Expo, hosted by the UAE's Ministry of Economy and China Council for the Promotion of International Trade (CCPIT) organised by Hala China in partnership with the China International Exhibition Centre Group Corporation, CIEC, remained optimistic that the coronavirus (Covid-19) pandemic was only a temporary roadblock and that the two countries would bounce back together shortly. Among the panellists on the UAE side was Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade at the UAE Ministry of Economy, Dr Mohammed Al Zarooni, Secretary-General of the Dubai Free Zone Council, and Huda Buhumaid, Board Member of Hala China, among others. More than 300 VIP guests and dignitaries dialled in remotely from across China and the UAE for the first virtual event of its kind. There are more than 3,000 exhibitors who are showcasing their latest products virtually through 3D - AR technology to fast-track efforts by the two nations to