Dubai, China Strengthen Trade & Investment Cooperation

Dubai Chambers recently held a strategic meeting with Li Xiangying, Chairperson of the China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing), to explore avenues for expanding bilateral trade and investment flows between Dubai and China.

The meeting was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and focused on strengthening collaboration between the two business communities. Key sectors discussed included the digital economy, healthcare, science, and manufacturing.

Lootah emphasized China’s critical role as Dubai’s leading trading partner, stating, “We are committed to further strengthening engagement with CCPIT Beijing to deepen bilateral relations and unlock new opportunities, particularly in digital economy and advanced manufacturing.”

This engagement builds on the Memorandum of Understanding (MoU) signed by Dubai Chambers and CCPIT Beijing during the Dubai Business Forum – China held in Beijing in August 2024. The MoU aims to expand trade, foster investment opportunities, and support CCPIT Beijing members in establishing and growing their presence in Dubai.

This collaboration underlines Dubai’s continued commitment to strengthening global business ties and positioning the emirate as a hub for innovation, trade, and investment.