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Trade Promotion Overseas Trip—Linyi Enterprises Enter the UAE

Date:2024-04-17  Hits:1

On March 8, the second stop of Shandong Trade Promotion Overseas Tour came to the United Arab Emirates.The China (Shandong)-UAE Economic and Trade Matchmaking Conference, attended by more than 200 enterprises and institutions from Shandong Province and the UAE, was successfully held in Dubai.The conference was hosted by the Shandong Provincial Council for the Promotion of International Trade and the Dubai Multi Commodity Trading Center Free Trade Zone, and was attended by relevant UAE government departments, the Chinese Consulate General in Dubai, the China Council for the Promotion of International Trade Representative Office in the Gulf Region, the Shandong Provincial Government Representative Office in West Asia and Africa, the UAE Shandong Chamber of Commerce and China More than 300 guests, including representatives from the Afghan business community, experts and scholars, attended the event.

Vice President He Zhongjun said in his speech that the UAE is an active supporter of the “Belt and Road” initiative and an important trading partner of China in the world.China has been the largest trading partner of the UAE for many consecutive years, and the UAE is also China's largest export market in the Middle East.The chemical, light industry, machinery, textile, and metallurgical industries of Shandong Province rank among the top in the country in terms of scale, and the output of more than 100 key products ranks among the top three in the country. It is highly complementary to the industrial structure of the United Arab Emirates.At the meeting, nearly 100 companies from 14 cities across the province conducted three hours of economic and trade interaction with representatives of UAE companies and institutions. Companies from both sides engaged in building materials and hardware, green energy and petrochemicals, agriculture and food, machinery manufacturing and other fields. Nearly 280 "one-on-one" negotiations were held, a total of 5 signing projects were promoted, and a cooperation intention of 150 million dirhams was reached.Picture The person in charge of Shandong Yunsu Network Technology Co., Ltd. said that during this event, they conducted in-depth exchanges with some world-renowned companies such as DPWORLD, and invited companies to visit Linyi in the near future, hoping to use their global network resource advantages to serve our city better Multi-enterprise market expansion.At the same time, Shandong Yunsu actively promoted the E-Belt and E-Road Network to participating companies at the event, allowing more Middle Eastern companies to learn more about Linyi companies and products through the E-Belt and E-Road Network, and use the online platform to strengthen exchanges and cooperation with Linyi companies.The person in charge of Linyi Huitong Transportation Facilities Co., Ltd. said: "This trip abroad is mainly to promote Linyi Hardware City and find hardware tool partners. I really gained a lot from participating in the overseas trip organized by the Shandong Provincial Council for the Promotion of International Trade. I hope that I can do it in the future Participate in more similar activities.""The UAE is currently carrying out a lot of infrastructure construction, and there are many opportunities for our products here. We will make full use of this opportunity to strengthen cooperation with local buyers. In the future, we will continue to visit the UAE and surrounding markets to inspect and expand market." said a representative from Kemit New Material Technology Co., Ltd.

During the event, our city’s delegation also held discussions and exchanges with the Dubai Chamber of Commerce and Industry, the Shandong Provincial Government’s Representative Office in West Asia and Africa, the Dubai Commodity Trading Center and other units, promoted Linyi face-to-face, and invited companies to come to our city for business inspections and exhibitions. Strengthen economic and trade exchanges and cooperation between our city and the Middle East; organize companies to conduct on-site inspections of the "China-UAE Capacity Cooperation Demonstration Park" to help companies figure out the costs of various factors such as manpower, electricity, financial resources, transportation capacity, as well as the experience, practices and attention of domestic companies in deeply exploring the Middle East market matters; participated in the "Chinese-funded Enterprise Legal Public Welfare Lecture" to gain a comprehensive understanding of the business and legal environment in the Middle East, and to help enterprises fully prevent legal risks.At the end of the event, our city's enterprises entered the China Dragon Mart in Dubai, visited mall operators, investigated market demand, and gained an in-depth understanding of the mall operators' operations, main product categories and price advantages.The person in charge of Wanbao Enterprise Corporation in Hedong District, Linyi City said that it is very necessary for enterprises to expand their markets with the help of overseas malls and overseas warehouses. This inspection found that Linyi manufacturing is all over the Longcheng market, and many hardware tools operated by households come from Linyi. The next step will be Continuous research and analysis will be carried out to support and guide more hardware companies in the Linyi mall market to expand overseas.

 
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