China eyes Sharjah’s investment pie
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The Sharjah Investment and Development Authority (Shurooq) recently welcomed a business delegation from China. The Chinese delegation’s meeting with Shurooq formed part of a visit to the UAE aimed at doing market research into investment and business opportunities.
The delegation was received by Elie Armaly, director of business development at Shurooq, and Yonghui MA, investment promotion executive at Shurooq, and included Xiaosong Yang, executive vice chairman of Liaoning Province Federation of Industry and Commerce, De Wei, executive vice president of the International Chamber of Commerce Liaoning Province Federation of Industry and Commerce, Zheran Wang, executive vice president of the International Chamber of Commerce Liaoning Province Federation of Industry and Commerce.
Elie Armaly said: “China is one of our most important trade and investment partners and bilateral trade between China and Sharjah has grown rapidly in recent years. Bilateral trade between China and Sharjah jumped more than 18%, up from AED3.3 billion in 2010 to more than AED3.9 billion in 2012.”
The special focus was on four key areas – leisure and tourism, healthcare, transport and logistics, and environmental services.
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