Abu Dhabi: Trends Research and Advisory has organized a symposium in association with the China Media Group regional office, titled “China’s Economy in the prosperity Phase”, at Trends’ conference hall in Abu Dhabi.
According to officials, experts, and researchers, the UAE-China alliance is an example of international cooperation built on mutual respect and benefit. This collaboration shows the ways for creativity and sustainability rather than just trade and economics.
The speakers stressed that China’s commitment to advancing global cooperation based on trade and reciprocal economic growth is reflected in the Belt and Road Initiative.
These corridors serve as more than simply routes for the flow of products and services; they also serve as cultural bridges and creative answers to the contemporary political and economic problems confronting the globe.
Given that China and the UAE have a long history of commercial cooperation, the recent admission of Saudi Arabia and the UAE to the BRICS bloc would strengthen China’s alliance with the Arab Gulf countries and foster economic links between the two nations. Regarding a number of global challenges, they have a shared vision and motivations.
Dr. Mohammed Abdullah Al-Ali, CEO of Trends Research and Advisory, indicated that studying China’s growth prospects is at the heart of Trends’ research interests, including the opportunities resulting from this growth, both in terms of international trade and global investment flows. This aspect is of particular importance in a world that is currently struggling to recover from the repercussions of successive crises.
Dr. Al-Ali underlined that large international corporations are now more optimistic about China’s long-term prospects due to the country’s ambitious aim of 5 percent economic growth by 2024.