UAE, Guangxi Boost Economic Ties
ECONOMY & POLICY

UAE, Guangxi Boost Economic Ties

In a move to further deepen economic collaboration, H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, held a strategic meeting with H.E. Lan Tianli, Governor of Guangxi Zhuang Autonomous Region, to explore avenues for enhanced bilateral cooperation between the UAE and China.

Discussions focused on vital sectors such as the new economy, entrepreneurship, renewable energy, e-commerce, advanced industries, logistics, tourism, and air transport. H.E. Bin Touq reaffirmed the UAE’s commitment to leveraging its position as a global re-export and logistics hub to facilitate Guangxi’s access to Middle Eastern and African markets.

“The UAE-China partnership is a global model for economic innovation and diversity,” said H.E. Bin Touq, highlighting that public-private partnerships, digital trade, and infrastructure investment will be key drivers in the next phase of cooperation.

Guangxi’s Governor welcomed the UAE’s proactive role in supporting economic exchange and expressed interest in expanding collaboration in smart manufacturing, port services, and sustainable agriculture.

The bilateral trade between the UAE and Guangxi reached USD 969 million (approx. Rs 8 billion) in 2024, driven largely by strong ties between the two regions' free zones. The UAE also remains home to more than 15,000 Chinese companies and welcomed over 1 million Chinese tourists last year, with more than 250 flights operating monthly between the two nations.

The leaders also emphasized the value of continued delegation exchanges and participation in economic exhibitions, which serve as vital platforms for identifying investment opportunities and fostering business ties.

Tourism, logistics, and knowledge-sharing initiatives were underscored as priority areas for expansion, reflecting the countries’ shared vision for sustainable growth and innovation.

In a move to further deepen economic collaboration, H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, held a strategic meeting with H.E. Lan Tianli, Governor of Guangxi Zhuang Autonomous Region, to explore avenues for enhanced bilateral cooperation between the UAE and China. Discussions focused on vital sectors such as the new economy, entrepreneurship, renewable energy, e-commerce, advanced industries, logistics, tourism, and air transport. H.E. Bin Touq reaffirmed the UAE’s commitment to leveraging its position as a global re-export and logistics hub to facilitate Guangxi’s access to Middle Eastern and African markets. “The UAE-China partnership is a global model for economic innovation and diversity,” said H.E. Bin Touq, highlighting that public-private partnerships, digital trade, and infrastructure investment will be key drivers in the next phase of cooperation. Guangxi’s Governor welcomed the UAE’s proactive role in supporting economic exchange and expressed interest in expanding collaboration in smart manufacturing, port services, and sustainable agriculture. The bilateral trade between the UAE and Guangxi reached USD 969 million (approx. Rs 8 billion) in 2024, driven largely by strong ties between the two regions' free zones. The UAE also remains home to more than 15,000 Chinese companies and welcomed over 1 million Chinese tourists last year, with more than 250 flights operating monthly between the two nations. The leaders also emphasized the value of continued delegation exchanges and participation in economic exhibitions, which serve as vital platforms for identifying investment opportunities and fostering business ties. Tourism, logistics, and knowledge-sharing initiatives were underscored as priority areas for expansion, reflecting the countries’ shared vision for sustainable growth and innovation.

Next Story
Infrastructure Urban

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept  has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Next Story
Real Estate

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Next Story
Real Estate

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement