Dubai Wholesale City to Showcase Business Opportunities to Potential Chinese Investors
Dubai Wholesale City, the largest wholesale hub in the world, is arranging a visit to China that targets Chinese financiers in a number of major cities, consisting of Yinchuan, Yiwu, Shanghai, and Beijing.
A delegation from Dubai Wholesale City, headed by its CEO, Abdulla Belhoul, will convene with government and private organizations in China, to present them to Dubai Wholesale City and discuss chances to boost cooperation and future relations. China is an essential trade partner for Dubai, with trading volumes reaching AED79 billion in H1 of 2016.
Dubai Wholesale City will participate in several trade fairs and events to highlight the essential components of the city and the included worth that it provides companies in the wholesale trade sector.
Abdulla Belhoul, CEO of Dubai Wholesale City, stated: "China is the cornerstone of our strategy at Dubai Wholesale City, as it has the potential to own our constant expansion and advancement. Our goal is to explore chances for collaboration and to develop relations with Chinese government entities and businesses, with a focus on the mutually beneficial investment opportunities in Dubai, and in particular Dubai Wholesale City.
" The UAE is an entrance for 60% of Chinese trade with the area. Dubai Wholesale City is the ideal choice for Chinese services wanting to access the Middle East and Africa, due to its strategic place, which provides simple and quick access to the area's markets and the schedule of world class infrastructure and logistical support."
Dubai Wholesale City strategies to sign a variety of collaborations and Memorandum of Understanding agreements (MoUs) with regional and local authorities in a number of Chinese provinces.
Dubai Wholesale City is a fully-integrated trading hub that has actually been established to meet the needs of the local and international wholesale trade sector. The destination intends to become the worlds leading wholesale trading hub and strengthen the UAEs position as a pivotal market in global trade. In its first phase, Dubai Wholesale City will serve the food, construction materials, electronics, furniture, machines and equipment, wood, cars, spare parts, and textile and clothes sectors.
