AD Ports Group inaugurated a new vessel at Ningbo Zhoushan Port on Thursday, marking another milestone in China-UAE economic cooperation. The ship carries 5,000 Chinese new energy vehicles (NEVs) destined for Middle Eastern and European markets, underscoring the strategic partnership between the two nations.
The ceremony at the world's largest port by cargo throughput highlights the growing role of Chinese clean energy technology in global trade. Bilateral trade between China and the UAE surpassed $100 billion in 2023, with NEVs emerging as a key growth driver. Analysts note this shipment aligns with both countries' commitments to sustainable development and technological innovation.
"This collaboration demonstrates our shared vision for green economic transformation," said a UAE trade representative at the event. The shipment follows recent agreements to enhance maritime logistics cooperation under China's Belt and Road Initiative framework.
Industry observers highlight the strategic timing of the launch, as Middle Eastern nations accelerate their energy transition plans. Chinese automakers exported over 1.2 million NEVs globally in Q1 2024, with the UAE serving as a crucial hub for regional distribution.
