DIFC strengthens ties with China

DUBAI / WAM

Essa Kazim, Governor of Dubai International Financial Centre (DIFC), has received Cao Gua-ngjing, Vice-Governor of the People’s Government of the Hubei Province in China. During the visit, the parties discussed collaboration opportunities as part of China’s Belt and Road Initiative. In addition, new areas of growth that would be of interest and benefit to Chinese institutions based in the Centre were explored.
DIFC Governor said, “China is a very important market to us at DIFC. We are constantly identifying new areas of collaboration wi-th key entities to unlock long-term growth of Chinese businesses through the Centre. The high-profile delegation we received from Hubei Province is another chapter in our China-focussed efforts and in DIFC’s longstanding relationship with the country”.
He added, “Leading Chinese institutions continue to capitalise on their presence in DIFC to access growth opportunities across the MEASA region and the South-South corridor.”