2024 marks the 40th anniversary of the establishment of diplomatic ties between China and the United Arab Emirates (UAE). As both nations look toward the future, key sectors have been identified for enhanced collaboration.
Clean energy, technology, infrastructure, and logistics stand out as sectors with the most growth potential for future China-UAE cooperation, according to Nasser Salem Al-Ali, Head of Commercial Banking at First Abu Dhabi Bank.
Speaking with CGTN’s He Jingyi during the Sibos 2024 annual conference in Beijing, Al-Ali highlighted the significance of these sectors in strengthening bilateral ties. “These areas not only offer economic benefits but also contribute to the sustainable development goals of both countries,” he noted.
The UAE has been actively diversifying its economy beyond oil, investing heavily in renewable energy and technological innovation. Meanwhile, China continues to expand its global outreach through initiatives like the Belt and Road Initiative, emphasizing infrastructure and connectivity.
With shared interests and complementary strengths, China and the UAE are poised to deepen their cooperation in these key sectors, paving the way for mutual growth and prosperity in the coming decades.
Reference(s):
First Abu Dhabi Bank outlines key sectors for China-UAE collaboration
cgtn.com
