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China and the UAE's economic and trade relations complement the development of integration

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-04-05
Since the establishment of diplomatic relations between China and the United Arab Emirates in 1984, the bilateral relations have developed steadily. The high-level visits between the two countries have continued, and political mutual trust has been strengthened day by day. In 2012, the two countries announced the establishment of strategic partnership. China's exports to the UAE are mainly mechanical and electrical products, textiles, high-tech products, light industrial products, and imports from the UAE is mainly liquefied petroleum gas, petrochemical products. With the rapid development of Sino-Arab economic and trade relations, the "one-way" initiative has been accelerated. The economic and trade exchanges between China and the UAE have been closer and bilateral relations have been deepened.

UAE has for many years to become China's largest export market in the Arab countries and the fourth largest oil supplier. China's exports to Argentina, in addition to the traditional mechanical and electrical products, textile and clothing, the proportion of high-tech products are also rising. In recent years, Chinese enterprises are increasingly attached to the radiation effect of the regional market, A has become China's exports to the Middle East and Africa, the distribution center. It is estimated that about 70% of China's exports to A are re-exported to other countries.

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