Hongqiao and DMCC form a new partnership aimed at promoting more frequent and sustainable two-way investment and industrial collaboration between the Yangtze River Delta and Dubai. [Photo/WeChat ID: hongqiaoshangwuqu]
The Dubai Multi Commodities Centre (DMCC) wrapped up its Made For Trade Live roadshow in the Shanghai Hongqiao International Central Business District (CBD) on Oct 23 with a significant new partnership.
During the event, the Hongqiao CBD Investment Promotion Centre and the DMCC China Centre signed an agreement to make it easier for businesses in Shanghai and Dubai to work together. The deal will help with project management, business connections, and policy coordination, encouraging more investments and collaborations between the two regions.
Kong Fu'an, executive deputy director of the CBD's administrative committee, and Ahmed Bin Sulayem, CEO of DMCC, celebrated the progress made since the DMCC China Centre opened at the Hongqiao Overseas Development Service Center in June. This partnership has been crucial in boosting collaboration between the two regions.
Kong highlighted Hongqiao CBD's strengths, such as its strategic location, economic resources, and robust service infrastructure. He stressed the district's dedication to improving its service system and aligning policies to support deeper cooperation in trade, technology, and talent exchange, creating new growth opportunities in Sino-Arab relations.
Sulayem emphasized DMCC's commitment to working closely with Hongqiao CBD. He noted that the business district's transportation links and support for businesses could help more Chinese companies expand internationally using the DMCC platform.
As the final stop of the DMCC's Yangtze River Delta roadshow, the Shanghai event highlighted the CBD's role as a bridge between international and domestic markets. It seeks to establish a regular cooperation framework between DMCC and the Yangtze River Delta region, setting the stage for future collaboration in trade, investment, technology, and talent exchange.
