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New forces in international trade, jointly promoting China Arab economic and trade cooperation

2023-01-04

The recently concluded China (United Arab Emirates) Trade Fair is the largest China Commodity Fair held offline in Dubai since 2020. Many Chinese enterprises have chartered planes to participate in the exhibition organized by the government to actively display high-quality products and explore cooperation opportunities, opening up a new situation for further promoting the expansion of the international trade market and stable growth.

The 13th China (United Arab Emirates) Trade Fair recently ended at the World Trade Center in Dubai, United Arab Emirates. Since 2010, the Expo has developed into one of the largest and most comprehensive Chinese commodity expositions in the Middle East. The exhibition covers an area of 30000 square meters, with more than 600 Chinese enterprises participating in the exhibition and more than 400 Chinese enterprises participating online. The exhibition covers auto and motorcycle accessories, building materials, textiles, machinery, household appliances, household appliances, beauty, food, etc., attracting more than 40000 buyers to negotiate.

"Face to face communication, each other has found more business opportunities"

At the booth of Shenzhen Non rabbit Health Technology Co., Ltd., two women are experiencing RF beauty instrument. Marian Zahapima, who runs e-commerce, said that it is human nature to love beauty, and they hope to become agents of beauty products of Chinese enterprises. On the other side of the booth, the Chinese staff of the company are negotiating with customers online. Li Xiaofeng, vice general manager of the company, said that thanks to government support, the company organized a delegation to participate in the exhibition. "We will work harder to provide better experience for users and make the world fall in love with Chinese brands!"

At the booth of Zhejiang Letai Kitchen Utensils Co., Ltd., the purchaser is carefully observing in front of different types of pressure cookers: some cookers have a knob in the middle to facilitate the switch, some have handles to facilitate the moving, and some have their own measuring instruments to display the pressure values... "Whether you come to the exhibition or not, you feel very different," said Lai Jiandong, the company's sales manager, "We signed several orders shortly after the opening of the exhibition. Many purchasers, including those from Nordic countries, proposed cooperation intentions. Through face-to-face communication, we found more business opportunities for each other."

Push the table to feel the stability, open and close the cabinet door to see the fluency, sit on the sofa to experience the comfort... When entering the booth of Foshan Diluo Furniture Co., Ltd., buyers will habitually come to this circle. The purchasers kept coming to consult, and Zhu Bifang, the general manager of the company, had a hoarse voice. "Previously, many customers in the Middle East placed orders with us through the Internet. This time, we set up a live exhibition space at the exhibition, and unexpectedly so many new customers came. We have more confidence in increasing international trade cooperation," said Zhu Bifang.

The purchaser Oleg Berashov's company mainly deals in home textile products such as pillows and duvets. At the exhibition, he inspected Chinese home textile enterprises in detail and agreed to continue to communicate the details of cooperation. He said: "In the future, more Chinese enterprises will come abroad with their products. I also hope to visit suppliers' factories in China as soon as possible to expand imports."

"Feel the enthusiasm of Chinese enterprises to open up the international trade market"

During this exhibition, more than 40 Chinese local governments organized enterprises to charter flights for the exhibition, and hosted a number of economic, trade and investment negotiations to boost foreign trade and promote exchanges.

At the Dubai trip of "Made in Dongguan, Famous Worldwide", 30 purchasers of digital electronics, new energy, furniture, textiles and clothing actively contacted and negotiated with Dongguan enterprises to explore new opportunities for trade and investment cooperation. "At the beginning of the activity, a local purchaser came to us to discuss the market prospects and cooperation methods, and finally signed an order worth 200,000 dollars," said Zuoli, deputy general manager of Dongguan Yangsen Paper Co., Ltd.

Yongkang Hardware Industry Promotion Conference and Yongkang International Investment and Trade Fair were also held. At the promotion meeting, the website of "Window of Yongkang Hardware Overseas Brands" officially released that Zhejiang China Science and Technology Hardware City Group and Dubai Longcheng Chamber of Commerce signed a framework cooperation agreement to jointly build Yongkang Hardware Overseas Brand Base. Hu Yongchun, Mayor of Yongkang City, Zhejiang Province, said that he hoped to use Dubai's unique regional advantages to discuss cooperation and seek common development with all parties.

Abdul Aziz, Chairman of UAE Global, said: "90% of our relevant business comes from China. This cooperation activity has made me feel the enthusiasm of Chinese enterprises to explore the international trade market. More and more Chinese enterprises' coming out 'is not only conducive to the stable growth of China's economy, but also can inject more new vitality into the recovery and development of the world economy."

The economic and trade delegation of Jinhua City, Zhejiang Province took the opportunity of this exhibition to inspect and exchange overseas warehouses of China Building Materials Dubai. Both parties have in-depth communication around overseas warehouse service mode, business development and cooperation prospects. Li Weifeng, general manager of China Building Materials International UAE, said: "We will give full play to our platform advantages, make a good connection with domestic enterprises, and help more Chinese high-quality products' go out '."

Zhou Guangyao, the chief representative of CCPIT's representative office in the Gulf region, said that in order to help enterprises seize orders, expand markets, and promote stability and quality of foreign trade, CCPIT is actively promoting the approval of pilot sites for overseas exhibition projects in key countries, key industries, and key exhibitions. At present, the pilot approval of the first batch of 15 overseas trade and economic exhibition projects has been completed, including 13 exhibition projects and 2 self held exhibition projects. The representative office in the Gulf region will closely communicate with overseas exhibitors, provide good services for Chinese enterprises going overseas, and contribute to China Arab economic and trade cooperation.

Financial institutions are also providing assistance. The head office of the Bank of China recently released a plan to provide 500 billion US dollars of international settlement support for Chinese foreign trade enterprises, as well as 100 billion yuan worth of multi currency trade financing support. During the exhibition, Bank of China Dubai Branch took the initiative to connect with the participating business delegations, assisted Chinese foreign trade enterprises to understand the local market through symposiums, on-site exhibitions, one-to-one exchanges with enterprises and other ways, provided services for enterprises in cross-border RMB settlement, financing, overseas warehouse construction, supply chain finance and other aspects, and helped Chinese enterprises actively expand the international trade market.

"Create greater development opportunities for enterprises of both sides"

Professor Abdullah of Sharjah University in the United Arab Emirates said that Dubai is a trade hub in the Middle East and is committed to providing high-quality infrastructure and services for international trade. The successful holding of this exhibition reflects the deepening of Arab Chinese trade cooperation.

"This exhibition is an important event held in the Dubai World Trade Center, which builds a bridge between Chinese enterprises and local buyers," said Maher Julfa, executive vice president of the Dubai World Trade Center, "We hope that more similar events will be held in the future to attract more Chinese enterprises and exhibitors to Dubai. These cooperation will not only help promote the development of bilateral trade between Argentina and China, but also add more momentum to the development of Arab China friendly relations."

Liao Meng, the person in charge of the Dubai area of Zhejiang Miolant Company, the organizer of the exhibition, said that they had held several trade fairs in Brazil, Poland, Mexico, South Africa, etc., which were widely welcomed. "China is the largest trading partner of the United Arab Emirates. Holding the China Trade Fair in Dubai is an effective way to promote economic and trade exchanges between Chinese enterprises and partners in the United Arab Emirates and even the Gulf countries. After the first China Arab Summit, it is believed that China Arab economic and trade relations will be closer and create greater development opportunities for enterprises of both sides."

Li Xuhang, Consul General of China in Dubai, and Buti Said Al Gandhi, Vice Chairman of the Dubai World Trade Center, also visited several corporate booths to learn more about their participation. "These Chinese products meet the needs of the Afghan side. It is hoped that entrepreneurs from both sides will seize the opportunities and actively connect with each other in the spirit of mutual benefit and win-win results, so as to jointly promote the deepening and implementation of China Arab economic and trade cooperation and benefit the people of the two countries." Li Xuhang said, "We will continue to play an active role as a bridge to expand the market and seek business opportunities for domestic enterprises, and promote new development of bilateral economic and trade cooperation."


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