China UAE Relations 🇦🇪 🇨🇳
China and the United Arab Emirates (UAE) have a strong and long-term political relations based on a common respect for each others sovereignty, independence, and territorial integrity. China and the UAE maintain a deep bond, established in decades of cultural, and economic trade.
The relations between China and the UAE have been growing steadily since the establishment of diplomatic ties in 1984. In 2010, the UAE, and China upgraded their relationship to a comprehensive strategic partnership, reflecting the importance of this relationship to both countries.
The UAE is a significant trade partner for China and is the largest importer of Chinese goods to the Middle East. In 2017, China was the UAEs top trading partner, with bilateral trade totaling US$45.9 billion, a year-on-year increase of 13%. China is also the UAEs largest source of imports, accounting for 14.2% of all imports into the UAE.
The UAE is also a major exporter to China. In 2017, the UAE exported US$3.3 billion worth of goods to China, making it the second-largest Arab exporter to China.
The UAE has been actively engaging in a number of investment projects in China over the past few years. Chinese companies have invested in a number of sectors, including real estate, energy, infrastructure, and finance. Additionally, the UAE has become an attractive destination for Chinese companies looking to expand their presence in the Middle East and North Africa (MENA) region.
The two countries have also made significant progress in the fields of science and technology, with an emphasis on developing renewable energy. In 2017, China, and the UAE signed a Memorandum of Understanding (MoU) that aims to develop renewable energy and nuclear energy collaboration between the two countries.
The UAE and China also have a strong defense relationship. In 2017, the two countries signed an agreement that allows for greater cooperation in defense, counterterrorism, and military training. The UAE is also one of the largest buyers of Chinese military hardware, including the C-802 anti-ship missile, purchased in 2008.
In addition to their bilateral ties, China, and the UAE are also strong supporters of multilateralism, advocating for cooperation between countries to address global challenges. In 2018, the two countries worked together to establish the China-UAE Joint Committee on Humanitarian Affairs, which promotes collaboration on humanitarian initiatives.
Overall, the relationship between China, and the UAE has grown from strength to strength, with both countries making significant progress in their bilateral ties, as well as their cooperation in the fields of science and technology, defense, and security, and multilateralism. This strong friendship will continue to benefit both countries in the years to come.
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