Dubai Chambers and China Council for the Promotion of International Trade Zhejiang Provincial Committee (CCPIT Zhejiang) have discussed opportunities to develop economic cooperation and strengthen trade and investment relations between Dubai and China.
The meeting was attended by HE Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Chen Jianzhong, Chairman of CCPIT Zhejiang and CCOIC Zhejiang.
According to the statement, the discussions focused on ways to advance the economic partnership between the two markets, with a focus on key sectors that present opportunities to deepen trade and investment cooperation, including the digital economy.
HE Mohammad Ali Rashed Lootah President and CEO Dubai Chambers
“We are committed to strengthening bridges of cooperation with Chinese provinces, including Zhejiang, by supporting open channels of communication between the business communities and facilitating the flow of investments. This contributes to unlocking new opportunities for strategic partnerships, supports the growth of bilateral trade, and enhances the competitiveness of companies in both markets.”
The meeting comes as part of a series of meetings and discussions held by the Chambers with various Chinese entities, aimed at enhancing bilateral trade and investment cooperation between the two sides. Zhejiang is ranked as China’s fourth-largest provincial economy.
As a key driver of economic development in the emirate, Dubai Chambers is committed to empowering businesses and enabling their growth. Through its wide-ranging role, the organization supports companies in successfully expanding into international markets, advances Dubai’s digital economy, safeguards the interests of the business community, and reinforces the emirate’s position as a leading global hub for business, according to the statement.
