Dubai Chambers has signed a strategic agreement with the China Machinery Industry Federation (CMIF) in Beijing to boost bilateral cooperation and attract Chinese industrial firms to Dubai, in line with the emirate’s economic ambitions under the Dubai Economic Agenda (D33).
The signing took place during a roundtable hosted by Dubai Chambers and CMIF, aimed at promoting advanced technology collaboration and supporting Chinese companies seeking regional expansion. The event gathered key players from sectors including automotive, construction, industrial machinery, and water purification.
The Memorandum of Understanding was formalised in the presence of Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Niansha Xu, Chairman of CMIF. It outlines plans to enhance economic ties, facilitate knowledge exchange, and encourage joint ventures across priority sectors.
Lootah emphasised Dubai’s commitment to creating long-term growth opportunities, noting that the partnership would support Chinese firms in leveraging Dubai’s position as a global business hub.
Under the agreement, Dubai Chambers will provide end-to-end support to CMIF member companies looking to establish operations in the emirate, while CMIF will assist Dubai-based firms in forming partnerships within mainland China. The collaboration also extends to trade exhibitions, business missions, and data exchange initiatives.
The roundtable highlighted Dubai’s increasing focus on innovation-led industries such as AI and robotics and reaffirmed Dubai Chambers’ efforts to position the city as a launchpad for Chinese manufacturers targeting regional and global markets.
News Source: Emirates News Agency
