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Financial and investment experts from the UAE and China stressed, during a session held today as part of the UAE-China Business Forum in Dubai, the need to enhance investment cooperation between the two countries, in light of the strong bilateral relations and the remarkable growth in the volume of trade exchange and joint investments.
The session, titled “A Shared Vision for Investment,” witnessed extensive discussions on prospects for cooperation in various vital sectors.
Chen Liang, Chairman of China International Capital Corporation Limited, who chaired the session, stressed the importance of the forum as an ideal platform for exchanging expertise and shaping the future of investment between the two sides, praising the depth and long history of the UAE-China partnership, noting the remarkable growth in the volume of trade exchange between the two countries.
For his part, Mohammed Al Bader, Head of Investments in China at Mubadala, stressed the need to enhance cooperation in vital strategic sectors such as energy, retail and industry, by taking advantage of the competitive advantages that each country enjoys.
He pointed out the importance of the $10 billion joint strategic investment fund between the UAE and China in enhancing investment cooperation between the two countries, stressing Mubadala’s keenness to attract more Chinese companies to invest in the UAE.
Wu Fulin, President of the Export-Import Bank of China, praised the strength of UAE-China relations, noting the steady growth in the volume of mutual investments between the two countries.
He stressed the role of the Export-Import Bank of China in supporting Chinese companies investing in the UAE, noting the importance of cooperation with Emirati financial institutions to enhance joint trade and investment exchange.
At the end of the session, the participants agreed on the need to continue efforts to enhance economic cooperation and create more promising investment opportunities that would contribute to the growth and prosperity of the two friendly countries.