Home / Comment

UAE-China ties a strategic priority for both

By Sultan bin Ahmed Sultan Al Jaber | China Daily | Updated: 2018-07-12 07:39

The UAE-China relationship is approaching a significant milestone: the 35th anniversary of the establishment of diplomatic relations. Over the past almost three and a half decades, our relationship has deepened and strengthened in line with China's increasing importance as a global economic powerhouse.

Last year, bilateral trade between China and the United Arab Emirates jumped 15 percent to top 52 billion US dollars and has grown an impressive 800 fold since 1984, making China one of the UAE's top trading partners. Today our trading relations span a wide range of sectors, including energy, logistics, infrastructure, manufacturing, technology, finance, education, culture and tourism.

As China's economy grows, one of its primary strategic objectives is securing long-term, reliable supplies of energy. The UAE has emerged as a trusted partner in this area after landmark agreements that awarded China National Petroleum Corporation shares in Abu Dhabi's 40-year onshore and offshore concessions in 2017 and 2018.

UAE-China ties a strategic priority for both

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349