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Hatta’s economic transformation inspires new generation of entrepreneurs

DUBAI / WAM Hatta, renowned for its enchanting landscapes, rich heritage, and idyllic lifestyle, is undergoing an economic transformation driven by a comprehensive development plan. Apart from large-scale projects, the region’s changing economic outlook is being shaped by the Dubai Government’s commitment to nurturing the potential of its people, particularly the youth. With a focus on advancing sustainable development and ...

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China’s Yangtze River Delta region reports foreign trade growth in 2023

BEIJING / WAM The total value of imports and exports in the Yangtze River Delta region, China’s foreign trade hub, reached 15.17 trillion yuan ($2.14 trillion) in 2023, data from China’s State Administration of Foreign Exchange (SAFE) showed. The figure released indicated a rise in the region’s contribution to the country’s overall import and export value, which now accounts for ...

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Shanghai to boost efforts to transform, expand financial sector, says mayor

SHANGHAI / WAM Shanghai is set to double efforts to open up and accelerate the growth of its financial sector through various measures. In a statement, Gong Zheng, Mayor of Shanghai, affirmed that Shanghai will play a better role as a pioneer for the steady expansion of institutional opening-up in the financial sector in the New Year. Relying on key ...

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