The Chinese government formally invited the ABU Dhabi Investment Group (ADIG) to participate in the Industrial Investment Promotion Conference investing in China 2025 for the Free Trade port of Hainan, which brought together some 1,700 companies from 71 countries.
In the event, his excellence Zayed Bin Rashid Bin Aweidha al Qubaisi, CEO of ADIG, highlighted the historical role of the group in supporting the EAU economy since its establishment in 1958. He emphasized the action action as a warmed global economic crisis, which is described as more severe than the financial collapse of 2008.
A key result of the conference was the announcement of a strategic association between the province of ADIG and Hainan to collaborate in several sectors. Both parties agreed to establish an investment development fund to support projects in Hainan and the EAU.
In his comments, Bin Aweidha emphasized that the current global crisis presents a historical opportunity for the deepest investment cooperation of China-UAE, with the aim of remodeling the world economic landscape. He reaffirmed Adig’s commitment to transform challenges into opportunities for sustainable development.
The event received a wide coverage of the Chinese and international media, including interviews with the Xinhua news agency.
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