China Trade Week UAE to take place in September


August 25, 2017 | By Rupkatha B

China looks set to maintain its position as Dubai’s biggest trade partner – despite the recent projected downward trend in Chinese trade growth – as the annual China Trade Week UAE returns from September 25-27 at the Abu Dhabi National Exhibitions Centre (ADNEC).

Currently, around 60% of China’s total trade passes through the UAE, from where it is re-exported to Africa and Europe. Reports indicate that China remained Dubai’s biggest non-oil trade partner in the first quarter of 2017, with AED44.15 billion worth of trade. This was 13.5% of the total value, a clear front runner after India, which represented 7.8% of Dubai’s total non-oil foreign trade.

“After starting with just 70 exhibitors in 2013, we now have over 300 covering a range of industries and continuously tapping into new markets. As ties between the UAE and China are further strengthened and China remains one of the UAE’s biggest trade partners, we are confident that China Trade Week UAE will continue to grow from strength-to-strength and be an asset to the bilateral trade relationship between the two countries,” says David Wang, managing director of MIE Groups Ltd., which organises the annual event.

The Minister of State and chairman of Abu Dhabi Ports, Dr Sultan Ahmad Al Jaber recently announced that five Chinese companies will start operations in Abu Dhabi’s industrial zone, with an initial investment of $300 million (AED1.1 billion). This reaffirms the long-standing partnership between the two countries, and China Trade Week UAE is expected to play a key role in boosting trade relations even further.

The event, which now attracts over 4,500 visitors over the three-day period, provides a unique opportunity for local businesses to form strong relationships with various Chinese manufacturers who offer high quality, competitively priced products.

For the first time, the International Consumer Electronics Expo Arabia (ICEEA) will be co-located within China Trade Week to bring the latest technology from China to the UAE. The ICEEA has had huge success across China, Brazil and Indonesia and is now coming to the UAE for the first show in the Middle East. Part of this will be a dedicated Game Zone, replete with virtual reality headsets and remote control vehicles for visitors to test and experience first-hand.

Other fundamental sectors represented at China Trade Week UAE include home and smart electronics, toys and gifts, arts and crafts, stylish fashion accessories, textiles, food and beverage, leather products, construction materials, machinery, interior design, hardware and tools, auto parts and accessories.

Along with the thousands of products on display, Chinese and local partners will also present daily sessions on how to efficiently source products from China and how to do business with Chinese people.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine