-- Our industrial capacity cooperation has made historic progress. The Khalifa Port Container Terminal Two, a project jointly built and operated by Chinese and UAE companies with a designed annual capacity of 2.4 million TEUs, will be up and running in the first quarter of 2019. The China-UAE Industrial Capacity Cooperation Demonstration Zone located in the Khalifa Industrial Zone has made good progress. As things stand now, 16 enterprises have signed letters of intent with a committed investment of 6.4 billion yuan.
-- Our new and high technology cooperation is on the rise. The 700-MW Concentrated Solar Power (CSP), a China-UAE joint project, is under construction in Dubai. It will be the world's largest and most advanced solar thermal power plant. The Hassyan Clean Coal Power Plant, the first Middle East project financed by the Silk Road Fund, will be the first clean coal plant in the region upon completion.
-- Our financial cooperation is growing in depth. In December 2017, the central banks of our two countries renewed their currency swap agreement and signed an MOU on RMB clearing arrangements in the UAE. The two central banks also agreed to expand the RMB Qualified Foreign Institutional Investors (RQFII) pilot area to the UAE. The China-UAE Joint Investment Fund has finalized its plans for investment in 12 projects valued at 1.07 billion U.S. dollars.
-- Our people-to-people and cultural exchanges are multiplying. The UAE is now the most favored first stop for Chinese tourists traveling to Arab destinations in the Middle East. In 2017, the number of Chinese tourist arrivals in the UAE exceeded the mark of one million for the first time in history, and about 3.5 million Chinese tourists transited through the UAE. Starting from 2017, UAE citizens traveling on ordinary passports may visit China visa-free. The UAE is the first Middle East country to have been granted such visa-exemption treatment by China. Moreover, the UAE Youth Ambassadors Program has organized six China tours for over 100 young people from the UAE.
【国内英语资讯:Full text of Chinese President Xis signed article on UAE media】相关文章:
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