Promoting Prosperity: The 2025 China Hainan Free Trade Port-UAE Promotion Conference
HAIKOU, China — May 20, 2025 /PRNewswire/ — The 2025 China Hainan Free Trade Port-UAE Promotion Conference recently convened in Dubai, marking a pivotal moment for trade relations between China and the UAE. The event attracted over 250 representatives, including government officials, business leaders, and media personnel, all eager to explore avenues for collaboration in areas like new energy, finance, and biopharmaceuticals.
A Platform for Economic Dialogue
Held on May 19, the conference served as a strategic platform for discussing trade and investment liberalization, which is pivotal in establishing the Hainan Free Trade Port (FTP) as a significant economic hub. Participants engaged in robust discussions around creating a cooperative framework that will benefit both nations.
Feng Fei, Secretary of the CPC Hainan Provincial Committee, emphasized Hainan’s commitment to fostering a market-oriented, law-based, and international business environment. He outlined the core features of the Hainan FTP: "zero tariffs, low tax rates, and a simplified tax system." This initiative aims not only to ease trade regulations but also to enhance investor confidence in the region.
Opportunities for Collaboration
With the Chinese Ambassador to the UAE, Zhang Yiming, highlighting the alignment of Hainan’s policies with the UAE’s "50-Year Development Plan," the conference revealed an eagerness on both sides for deeper engagement. The open policies offered by Hainan are seen as a stepping stone to setting a new benchmark for economic cooperation between China and the Middle East.
Participants discussed collaborative prospects in cutting-edge sectors such as digital economy and green energy. Abdulla Al Saleh, Under-Secretary of Foreign Trade and Industry in the UAE, conveyed the UAE’s intention to harmonize with the Hainan FTP’s financial liberalization policies, illustrating a commitment to innovative cooperation models.
Showcasing Hainan’s Unique Value
In presentations by the Hainan Provincial Bureau of International Economic Development, stakeholders were introduced to the advantageous policies and developmental opportunities available in the Hainan FTP. The conference included thematic presentations on subjects like cross-border capital flows, providing an insightful overview of investment opportunities within the Danzhou-Yangpu Economic Circle.
Representatives from notable firms such as Mingyang Group and Qilu Pharmaceutical took the opportunity to discuss Hainan’s unique industries, emphasizing specialty products while outlining strategic plans to penetrate the Middle Eastern market effectively.
Strategic Agreements and Future Endeavors
The conference culminated in four strategic cooperation agreements between Hainan and enterprises from the UAE and Saudi Arabia. These agreements span critical sectors including new energy and logistics parks, underpinning a mutual ambition for growth and infrastructural development.
Following the formal sessions, a business negotiation session enabled over 100 Chinese and Arab companies to engage directly. This interactive environment fostered relationships and laid the groundwork for future ventures, highlighting the importance of person-to-person connections in international trade facilitation.
Cultural and Economic Synergies
As the sun sets on the Hainan FTP-UAE Promotion Conference, it’s clear that the event was not just a formality but a robust movement towards aligning the economic landscapes of both regions. The discussions and agreements reflect broader ambitions that could redefine future trade paradigms, showcasing the shared vision for prosperity.
With a strong focus on cooperation and collaboration, the 2025 China Hainan Free Trade Port-UAE Promotion Conference is marked as a cornerstone event in the bilateral relations between China and the UAE. The momentum generated here promises to influence economic interactions long into the future, fostering an environment ripe for innovation, investment, and mutual growth.
