Nahyin bin Mubarak inaugurates the China Trade Fair and Exhibition in the Middle East at the Abu Dhabi National Exhibition Center
07 December 2015
Abu Dhabi, 7 December, 2015: HE Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, opened Monday the China Trade Fair in the Middle East at the Abu Dhabi National Exhibition Center (ADNEC).
The UAE is the largest market for Chinese exports in the Middle East and the first trade and economic partner with China.
The opening ceremony was attended by HE Juma Mohammed Al Kait, Assistant Undersecretary for Foreign Trade at the Ministry of Economy, HE Mohammed Al Nuaimi, Assistant Secretary General of the UAE Federation of Chambers of Commerce and Industry, HE Zhang Hua, Chinese Ambassador to the United Arab Emirates and a number of senior officials.
About 200 exhibitors from various Chinese industrial and commercial sectors are taking part in the economic and trade event.
The exhibition, organized by the MEEvents Group, will continue until the 9th of this month.
Chinese exhibitors are looking to enhance networking opportunities and develop large-scale business with regional sales agents or wholesalers and distributors.
David Wang, managing director of MAEvents, said: "The exhibition is a business destination in the Middle East where it brings together major Chinese companies, manufacturers and shareholders, creating a unique opportunity for networking, networking and business relationships.
The exhibition aims to expand trade cooperation in the region and will provide opportunities to supply new commodity sources and negotiate any trade cooperation in a number of commercial sectors.
Chinese companies in ADNEC offer the best Chinese goods from various sectors.
The volume of trade between the UAE and China is expected to reach 201 billion dirhams (US $ 55 billion) by 2015. He pointed out that China's imports from the UAE amounted to 734 billion dirhams (200 billion US dollars) While China's exports to the UAE amounted to US $ 30 billion.
The Chinese ambassador said that in the past 10 years, the UAE has exported approximately US $ 600 million worth of petroleum products to the UAE. Recently, a Chinese crane for Abu Dhabi port worth US $ 20 million has been purchased.
He pointed out that China's GDP growth in the first half of 2015 reached 7%, which is the fastest growth in the world maintains its stability, referring to the state of volatility in China recently, and this not only to China, but the world as a whole. is over