The United Arab Emirates and China trade relationship is very close, the bilateral trade volume increasing at the rate of 10%. The United Arab Emirates, Dubai became an important springboard China Company into other Gulf market.
From the UAE "Gulf News" reported on December 3rd that, in this Tuesday to Thursday, Chinese Home Furnishing exhibition held in Dubai International Convention and Exhibition center. China Council for the promotion of international trade representative Zhang Xijing (transliteration) said in the show, China and the United Arab Emirates trade relations to further strengthen over the next five years, the bilateral trade volume will grow 10% annually
The bilateral trade volume increased from $3800000000 in 2003 to $40000000000 in 2012. In 2013, the bilateral trade volume will reach $42 to $4300000000.
A total of 1000 Chinese exhibitors participated in the exhibition, mostly small and medium sized enterprises. The exhibition exhibited a total of more than 50000 kinds of products. Dubai international cooperation and development minister Shaikha Lubna Al Qasimi said: "Chinese is one of the largest trade partner of the United Arab emirates. We welcome all kinds of China Company to UAE exhibition. Some companies in the exhibition and the United Arab Emirates local furniture and other Home Furnishing supplies company established a cooperative relationship. This is fourth years in the exhibition, in terms of the number of exhibitors, the exhibition scale has doubled."
Many exhibitors said, the bay area of the market is very good, Dubai is an important channel to enter other markets in the gulf. The Dubai market has been very mature, most of the local procurement business is wholesale company.
Mr. Zhang from Shanghai Home Furnishing products company Z&Z Arts and Crafts said, purchases the UAE market total sales company international 20%. Now the company is committed to looking for distributors in Saudi arabia.
In the Gulf, the UAE is one of the most important export destination Chinese. China exports to the UAE's products include home appliances, automobiles, building materials, machinery, toys and so on. And Chinese from the United Arab Emirates imported dates and other agricultural products. At present, many China Company set up office in Dubai. The good investment environment, law and policy flexibility. In Chinese, the United Arab Emirates investors to invest in the hotel and port construction.
Xiao Bian understand that, in many countries of the Middle East, the United Arab Emirates is a more liberal Islamic countries, in order to attract foreign investors, active commercial atmosphere, the United Arab Emirates on the original Islamic law are greatly modified, and the development of the foreign investment law is very attractive. The United Arab Emirates trade, tourism, logistics industry is very active. Dubai also set up special Jeb Ali Free Trade Zone, in the region, the Foreign capital company to set up the threshold is very low, enjoy various preferential policies.
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