ABU DHABI, UAE,Feb. 17, 2025/PRNewswire/ -- The Abu Dhabi Department of Economic Development (ADDED) is leading the emirate's economic delegation toChinaas part of ongoing efforts to further strengthen partnerships with leading economies and cementAbu Dhabi'sstature as global magnet for talent, businesses, and investments.
With bilateral trade betweenChinaand the UAE projected to reach$200 billionby 2030,Abu Dhabiis reinforcing its position as an essential gateway for Chinese investment in theMiddle Eastand beyond. The emirate is already home to many of the 6,000 Chinese companies operating in the UAE across key sectors, including technology, financial services, and energy.
The high-level delegation is comprised of around 140 senior officials and executives from government and private sector including Abu Dhabi Global Market (ADGM), Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs,Abu DhabiChamber of Commerce and Industry (ADCCI), ADNOC, Mubadala, KEZAD, Hub7, and major companies from different economic sectors.
During the visit, which will start on Monday17 February 2025, theAbu Dhabieconomic delegation will meet senior government officials and key businesses and investors inBeijing,Shanghai,Shenzhen, andHong Kongto explore business opportunities and foster strategic relations with Chinese counterparts.
His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED,said:"A rising economic powerhouse,Abu Dhabicontinues to build and strengthen partnerships with leading economies and top trading partners, contributing positively to international efforts to address giga trends and transformations impacting all geographies and industries to ensure a brighter future for our people and the entire humanity"
"Our longstanding relations withChinaare going from strength to strength, as reflected by the growth of bilateral trade and mutual investments over the past few years, and we are doubling down our efforts to take it to the next level by deepening cooperation and exploring new opportunities in various sectors to create more partnerships. This visit and activities to be organised as part of it underscoreAbu Dhabi'scommitment to enhancing collaborations with our international partners. We are eager to enable investors and businesses to benefit from ample opportunities provided by our soaring'Falcon Economy', which is harmonising between advanced technologies, sustainability, human development, and economic diversification as we accelerate the transition towards the next phase ofAbu Dhabi'sdevelopment".
To foster direct engagements between investors and key decision-makers to accelerate partnerships in next-generation industries, the Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Global Market (ADGM), will organise the Abu Dhabi Investment Forum (ADIF) inBeijingandShanghaion 18 and20 February 2025. To be held under the theme"Invest withAbu Dhabi,"the forum will provide Chinese investors and businesses with a platform to explore opportunities in the emirate, which is one of the fastest-growing economies in MENA.
ADIF will feature a comprehensive agenda, including keynote addresses, panel discussions, and bilateral meetings from delegates representing various sectors ofAbu Dhabi'seconomy. These experts, including executives from institutions like ADNOC, Mubadala, HSBC, Gulf Capital and more, will provide in-depth insights into the emirate's investment landscape, showcasing opportunities in technology, financial services, healthcare and trade.
TheAbu DhabiChamber of Commerce and Industry (ADCCI), in cooperation with ADGM, ADIO and the Shanghai Federation of Industry and Commerce, will organise"Business Connect -Abu Dhabi-Shanghai"on19 February 2025to strengthen economic relations and partnerships between the business communities inAbu DhabiandChina.
AsAbu Dhabicontinues to strengthen its favourable regulatory environment and world-class investment landscape, ADIF and"Business Connect -Abu Dhabi-Shanghai" provide suitable platforms for Chinese business leaders to gain firsthand insights into new opportunities, sector-driven initiatives and strategic partnerships in the UAE capital.
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SOURCE Abu Dhabi Department of Economic Development