国内英语资讯:Roundup: UAE, China keen on promoting bilateral ties in trade, culture_时事

国内英语资讯:Roundup: UAE, China keen on promoting bilateral ties in trade, culture

Last Tuesday, Dubai Multi Commodities Centre (DMCC), the biggest industry free zone in the UAE, signed a Memorandum of Understanding with Xi'an International Trade & Logistics Park in central China's Shanxi Province.

The purpose of the MoU is to open doors for businesses in the UAE and China hoping to expand into new markets as well as organizing joint trade missions and economic delegations, the DMCC said in a statement.

Gautam Sashittal, chief executive officer of DMCC, said developing "closer ties in China" has become "a priority for DMCC."

"By signing this agreement with the Xi'an International Trade & Logistics Park, we aim to further help member companies in our Free Zone connect and trade across China and the UAE, while easing barriers to doing business globally," he said.

Even those Chinese firms which have already been operating in the UAE are keen to spread their wings.

Ivy Hu, sales manager of the kitchen equipment provider Furnotel from Guangzhou, said that her company saw potential of expanding business in the UAE and Saudi Arabia although they already had a client base there.

In addition, the China-UAE relations go beyond trade to include cultural and educational dimensions.

On Sept. 13, UAE University signed a MoU with Zhejiang University of China to promote scientific, research and expertise exchange, UAE state news agency WAM reported.

Last Saturday, the Sharjah Research, Technology and Innovation Park of UAE and the China-Arab Technology Transfer Company agreed to launch a innovation center to boost the partnership between UAE research institutions and Chinese companies.