The UAE's state news agency quoted the report said, A total volume of trade between the two countries in the first quarter of this year, a year-on-year increase of 9.5% in the countries and regions in the trade with the UAE, China will continue to keep the second. Corded phones, cordless phones, transport machinery, data processing equipment, furniture, all kinds of industrial pipes and other major commodities for UAE imports from China.
The report pointed out that the past five years, the total trade of the two countries increased by nearly 60%, from $ 8.9 billion in 2006, increased to $ 14.2 billion in 2010. Experienced the world financial crisis, but in the past five years, the overall momentum of the two countries economic development well is expected that this momentum will continue next year.
UAE Ministry of Foreign Trade in the report called on the United Arab Emirates company efforts to open up China's halal food market. A Ministry of Foreign Trade stressed. The huge demand for this industry in China. Development prospects are very promising. Therefore, the prospects for the development of the halal food market in China should attract the attention of the UAE companies.
The report pointed out that the UAE is considered one of the world's most important oil-producing countries, while China has a huge demand for energy, the existence of a complementary relationship between the two countries in the energy sector, while the UAE government also look forward to working with China in the financial, real estate, construction and other strategic industriesestablishment and development of a new relationship.