On the morning of October 30, the 2024 UAE-Xi’an Industrial Investment Project Promotion Conference was held in Xi’an. Mayor Ye Niuping attended and delivered a speech. He stressed that it is necessary to thoroughly implement the results of the important talks between President Xi Jinping and President Mohammed in May this year, jointly build a large platform for investment cooperation and exchange, implement mechanism-based docking, project-based cooperation, and diversified development, and accelerate the transformation of sincere cooperation from “freehand brushwork” to “fine brushwork” of project investment, and strive to achieve more iconic investment cooperation results.
Ali Al Khoury, Chairman of the Arab Digital Economy Federation, Omran Nuaimi, Vice Chairman of the UAE World Investment Group, and Walid Fagar, President of the AIM Global Foundation, attended the promotion meeting. Meng Hao, member of the Standing Committee of the Municipal Party Committee, Deputy Mayor, and Secretary of the Party Working Committee of the Economic Development Zone, presided over the meeting.
At the meeting, the Municipal Investment Cooperation Bureau and the High-tech Zone, Economic Development Zone, and Yanliang District (Aviation Base) respectively promoted the investment environment and key projects. Abu Dhabi Investment Group, Hilal Capital Investment Group, AIM Foundation, and Arab Digital Economy Alliance introduced the investment direction. The Municipal Investment Cooperation Bureau, the Municipal Local Financial Management Bureau and Shaanxi Silk Road A-Zhong Industrial Technology Co., Ltd. signed a memorandum of understanding on financial investment cooperation.
Ye Niuping pointed out that Xi’an is an important node city of the “Belt and Road” and an important gateway city for China’s opening up to the outside world. It is in a period of rapid development and a critical period of transformation. In particular, emerging industries characterized by high technology, high efficiency and high quality are of great investment value. The rich scenarios characterized by the transformation and development of megacities and digital empowerment have created broad investment opportunities. The China-Europe Railway Express assembly center is used as a link to form a larger market, providing important development opportunities for domestic and foreign investment institutions and various market entities.
Ye Niuping said that the permanent venue of the UAE International Investment Annual Conference in China is not only a place for the conference, but also an investment gathering place, a place for value creation, and a demonstration place for cooperation. We must adhere to all-round and professional cooperation, and the government, institutions and enterprises must work together to accurately match needs and find points of interest. We must adhere to institutionalized and normalized docking, strengthen the demonstration and leading role of the permanent venue city in China, explore the establishment of an effective docking mechanism, and continuously expand the market influence of the UAE International Investment Annual Conference. We must adhere to market-oriented and project-based operations, give full play to the professional capabilities and market advantages of investment institutions, accurately match projects, form landmark results, and achieve cooperation projects, industry development, and investment returns. We must adhere to gradual and diversified development, and on the basis of investment cooperation in science and technology and industry, attract more high-quality capital to deepen and expand into infrastructure, education and medical fields, build a diversified investment structure, and create a new chapter of win-win cooperation.