August 16, 2023

The Wuxi Municipal Government and the China Innovation Centre at Dubai Chambers signed a memorandum of cooperation to collaboratively pave the way for a new chapter of the modern "Silk Road"

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• Jiang Min, Executive Vice Mayor and Member of the Standing Committee of the Wuxi Municipal Committee, led a government and party delegation to Dubai Chambers, resulting in a productive accord and plans for collaborative initiatives, including the establishment of a Wuxi branch for the China Innovation Centre at Dubai Chambers

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• A landmark collaborative memorandum was signed by Huang Weixiang, Deputy Secretary-General of the Wuxi Municipal Government, and Zhang Jianwei, CEO of the China Innovation Centre at Dubai Chambers. This partnership aims to foster intensified cooperation between Wuxi businesses and counterparts in the Middle East, establishing a seamless communication conduit and attracting capital investments

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• This collaboration marks a significant milestone in enhancing global outreach for Wuxi-based enterprises and advancing their internationalisation aspirations through Dubai's world-class logistics infrastructure and strategic location along the New Silk Road, aligning with the 10th anniversary of the "Belt and Road" initiative

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Dubai UAE, Wuxi PRC, August 16, 2023 – Jiang Min, the Executive Vice Mayor and a Member of the Standing Committee of the Wuxi Municipal Committee, spearheaded a government and party delegation on a mission of exploration and exchange to Dubai Chambers. The visit was warmly received by Mohammad Ali Lootah, President and CEO of Dubai Chambers, leading to insightful discussions. Subsequently, an accord was reached between the two parties, encompassing diverse collaborative initiatives. Notably, plans were solidified for the establishment of a Wuxi branch for the China Innovation Centre at Dubai Chambers, aimed at fortifying cooperative resource utilisation. Additionally, a joint commitment was made towards advancing the internationalisation aspirations of enterprises rooted in Wuxi.

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Jiang Min and Mohammad al Lootah witnessed the signing of a collaborative memorandum by Huang Weixiang, Deputy Secretary-General of the Wuxi Municipal Government, and Zhang Jianwei, CEO of the China Innovation Centre at Dubai Chambers. This landmark agreement paves the way for dynamic communication and exchange endeavours among enterprises in both regions. An integral component of the partnership is the establishment of a seamless communication conduit, linking Wuxi and the Middle East, underscoring the commitment to global outreach for Wuxi-based enterprises and attracting capital investments from the Middle East. Harnessing the exceptional capabilities of the China Innovation Centre at Dubai Chambers in trade procurement, investment and financing, promotion and communication, as well as data services, this initiative aspires to foster intensified cooperation between Wuxi businesses and counterparts in the Middle East. The collaborative endeavour is poised to accelerate the amalgamation of valuable resources, propelling the advancement of strategic industries within the region.

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Wuxi boasts a century-old legacy as a "renowned city of industry and commerce," often referred to as "a thriving locale in the south of the Yangtze River and the gem of Taihu Lake." The city is characterised by stunning natural landscapes, a rich cultural heritage, a robust spirit of innovation, a flourishing economy, and a comprehensive prowess that ranks among the nation's highest. Wuxi consistently focuses on the developmental requirements of businesses, nurturing the outward expansion of enterprises within the region.  Leveraging strategic geographic positioning, valuable resources, and currency advantages, in tandem with its commercial prowess across Europe and North Africa, Wuxi is forging robust connections with the UAE. Taking proactive strides, the city is pioneering avenues between its enterprises and Arab nations, capitalising on the modern "Silk Road" ethos to uncover fresh prospects within the Middle East.

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This year marks the 10th anniversary of the "Belt and Road" initiative. The two parties agreed to further enhance the role of the Wuxi sub-centre platform of the China Innovation Centre at Dubai Chambers, facilitating the introduction of Wuxi's products, services, and brands to the Middle East and the global arena via Dubai.

 

Under the guidance of the Sheikh of Dubai, Dubai Chambers was established in 1965 as a governmental organisation. Its mission is to support and safeguard the interests of Dubai's business groups, with the goal of transforming Dubai into the most internationally oriented business hub by fostering a favourable business environment. In 2022, His Highness Sheikh Hamdan, the Crown Prince of Dubai, officially inaugurated the "Dubai Global Plan." Subsequently, in 2023, the China Innovation Centre at Dubai Chambers was formally introduced, becoming a pivotal component of the Dubai Global Plan. This centre is committed to forging a new era of technological and economic collaboration between China and Dubai.

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Dubai's world-class logistics infrastructure and strategic location along the New Silk Road ensure easy access to markets in Asia, Africa and the Middle East. China Innovation Centre at Dubai Chambers focuses on creating a top-tier service platform for Chinese enterprises to venture abroad, offering professional services such as trade procurement, investment and financing, promotion and exchange as well as data research.

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This initiative serves as a showcase for technology-driven and innovative Chinese enterprises in the GCC region, providing a one-stop comprehensive array of services ranging from product exhibition, business promotion, government advocacy, media coverage, and corporate financing for distinctive industrial clusters, business associations, as well as other representative firms from various provinces and cities throughout China.

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Xiang Jiang, Executive Deputy Secretary-General and Office Director of the Wuxi Municipal Party Committee, Dai Meizhong, Executive Deputy Director of the Organization Department of the Municipal Party Committee, Cai Wenyu, Deputy Director of the Publicity Department of the Municipal Party Committee, Director of the Internet Information Office, Cao Wenbin, Director of the Municipal Development and Reform Commission, Zhao Qiang, Director of the Municipal Bureau of Commerce, and Gu Wei, Director of the Municipal Finance Bureau, Gu Guodong, Member of the Party Working Committee of Wuxi High-tech Zone, Deputy Director of the Management Committee, Member of the Standing Committee of the Xinwu District Committee, Deputy District Mayor, Secretary of the Party Working Committee of Taike Park, and Ye Zheng, Deputy Director of the Municipal Foreign Affairs Office, attended the meeting and jointly witnessed the signing.

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Media Contact:

For further information or media enquiries please contact:

info@chinainnovationcentre.com

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