Tag Archives: Xi Jinping

New growth opportunities on trade and investment with China’s New Silk Road

Belt and Road

China’s Belt and Road initiative is expected to have major implications on trade and investment flows among Muslim countries, according to panellists addressing the topic at the Global Islamic Economy Summit 2018 (GIES) in Dubai. Entitled ‘One Belt, One Road, – How Might We Harness the Silk Route for the Islamic Economy?’, the panel highlighted the unprecedented opportunities for the Muslim nations that are located along the New Silk Road and examined the new growth opportunities that are opening up as the major infrastructure project progresses. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, the UAE and Ruler, Dubai, the fourth edition of GIES is organised by Dubai Chamber of Commerce and Industry and the Dubai Islamic Economy Development Centre in cooperation with Thomson Reuters as strategic partner. Held from October 30-31, 2018, GIES attarcted the participation of over 3,000 key decision makers, policymakers, government officials, business leaders and industry experts from around the world. Launched by Chinese President Xi Jinping in 2013, Belt and Road aims to improve connectivity and cooperation between Eurasian countries. During the session, Professor Nabil Baydoun, Vice Chancellor, Academic Affairs Hamdan Bin Mohammed Smart University, Dubai, spoke about the geographical importance of what is a new ‘Silk Route’ and how the project is an integral part of the Chinese plan for their economy. “It helps China increase trade among 65 countries and its biggest advantage is that it brings China closer to the world. Each nation needs to step up and play a part in working towards Belt and Road. Chinese regulations need to open the door to the world,” he said. Professor Wang Yiwei, …

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Uni-top Airlines to start operations between Kunming and Dubai

UAE China new route

Uni-top Airlines is planning to operate B747 freighter flight between Kunming in China and Dubai, according to Yang Fan, Vice President, Uni-top Airlines. Addressing an air transport cooperation promotion conference held by Chinese Yunnan provincial delegation in Kempinski Hotel Mall of Emirates in Dubai, Fan said, “In order to support the development of civil aviation and trade between China and the UAE, Uni-top Airlines is planning to operate B747 freighter flight with three flights per week between Kunming and Dubai.” The Civil Aviation Administration of China (CAAC) and the Yunnan Provincial Government have jointly signed ‘The Kunming International Aviation Hub Strategic Planning’, in order to build Kunming Changshui international airport into an international hub that is safe, efficient, accessible, integrated, green and intelligent.  It is planned that by 2030, there will be 500 air routes, including 200 international and regional ones with 120 million passengers and 1.78 million tonnes cargo by running five runways in Kunming Changshui international airport. Zhang Changsheng, Deputy Director, Yunnan Provincial Development & Reform Commission and Director General, Yunnan Provincial Civil Aviation Development Administration, said, “Chinese President Xi Jinping visited the UAE in July, and the leaders of the two countries unanimously decided to upgrade bilateral relations to a comprehensive strategic partnership. We expect to strengthen joint marketing promotion for airline flights, tourism market and especially air cargo market in order to push the development of bilateral economy and trade, and we also expect to promote abundant green agricultural products with Yunnan plateau characteristics to the UAE for sharing.” Khalil Lamrabet, Director – Aviation Business Management, Dubai Airports, said, “Strengthening the tourism, trade and commercial links between China and Dubai is a key strategy for Dubai Airports. We …

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