TEDA Holds Exchange and Cooperation Meeting with UAE-China Innovation Center
On April 28, the cooperation and exchange meeting between TEDA and UAE-China Innovation Center was successfully held. Both sides hope to establish close ties through this meeting and plan to sign a strategic cooperation agreement which will enable the UAE-China Innovation Center to establish a Tianjin office in TEDA. They aim to promptly rally representatives from TEDA enterprises to conduct on-site visits to the UAE and to provide more opportunities for expanding bilateral cooperation.
After forty years of development, TEDA has grown into one of the country’s best national-level development zones in terms of economic aggregate, comprehensive investment environment, and globalization level. It is one of the preferred investment destinations in China for foreign investors. By the end of 2023, TEDA had attracted a total of 6,478 foreign-funded projects from 97 countries and regions, with 573 projects invested by 124 Fortune Global 500 multinationals.
The UAE-China Innovation Center was initiated with the support of the Dubai Chamber of Commerce, the largest business association organization in the Middle East. Its aim is to promote cooperation in technology, economy and trade, and production and finance between China and the UAE. This center assists Chinese innovative enterprises in expanding their global business while also attracting enterprises and capital from the Middle East region to China.
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