UAE showcases digital economy leadership at global digital trade expo in China

MG News | September 29, 2025 at 02:14 PM GMT+05:00

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September 29, 2025 (MLN): The fourth Global Digital Trade Expo concluded on Monday in Hangzhou, Zhejiang Province, showcasing groundbreaking advancements in digital technologies and global cooperation.

The United Arab Emirates (UAE) participated as an official Guest of Honour, alongside Indonesia, emphasizing its strong international standing in digital transformation, commitment to advancing the knowledge economy and pivotal role in strengthening global digital trade partnerships.

This year’s edition featured innovations in artificial intelligence, digital health, virtual reality, e-commerce, the digital economy, cybersecurity and smart city technologies.

Through its national pavilion, the UAE highlighted key projects in digital economy, financial technology, artificial intelligence, and smart innovations.

Abdullah Al Bashi Al Naemi, Commercial Attaché of the UAE to the People’s Republic of China, emphasized that the country’s participation showes the depth of UAE-China economic relations and reinforces the UAE’s position as a leading player in the global digital economy.

He noted that digital trade in the UAE has seen remarkable progress, supported by the UAE Digital Economy Strategy, which aims to raise the sector’s contribution to 20% of non-oil GDP by 2031.

Al Naemi further explained that UAE-China economic ties have achieved a significant leap, with bilateral trade volume increasing more than 800-fold since the establishment of diplomatic relations 41 years ago.

Non-oil trade between the two nations exceeded $50bn in the first half of 2025.

He also highlighted that more than 16,500 Chinese companies now operate in the UAE, up from 15,500 in 2024, demonstrating the attractiveness and flexibility of the UAE’s business environment.

Expo officials affirmed that the UAE contributed significantly to fostering global cooperation in digital trade, backed by its robust infrastructure and rising share of the digital economy in GDP.

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