In a bid to increase the UAE’s business opportunities with China while also facilitating the forging of new alliances, Invest in Sharjah, the investment promotional arm of Sharjah Investment and Development Authority (Shurooq) recently participated in 2017 World Forum for Foreign Direct Investment and China Offshore Summit, taking place in Shanghai and Shenzhen, respectively.

The delegation described the events as ideal opportunities to continue investment momentum for the UAE, with estimates for last year’s bilateral trade with China as high as USD60 billion. Marwan Al Sarkal, CEO, Shurooq, highlighted, “[...] We offer perfect free zone, tax-free opportunities with a burgeoning economy of our own and a strategic location that has been a crucial part of commerce with the Far East for centuries.”