1、 Report on the Development of Chinese Enterprises in the UAE (2022-2023)Joint Conference of Chinese Overseas Chamber of Commerce(JCCOCC)Chinese Business Council in UAE I DEDICATION Economic and Commercial Counselor of the Embassy of China in the UAE Mr.Zhu lian The United Arab Emirates is located in

2、 the southeastern tip of the Arabian Peninsula,is located in the Gulf into the Indian Ocean maritime traffic,rich in oil and gas resources.Proven oil reserves of about 107 billion barrels and proved natural gas reserves of about 8.2 trillion cubic meters,both ranked sixth in the world.The oil indust

3、ry is the backbone of the UAE,making it the second largest economy in the Gulf region and one of the richest countries in the world.In order to reduce its dependence on the oil industry and achieve sustainable development,the UAE is committed to implementing economic diversification policies and has

4、 gradually developed into a financial,trade,logistics,exhibition,tourism center and commodity distribution center in the Middle East.Since President Sheikh Mohamed bin Zayed Al Nahyan took office in May 2022,his governing style has been steady and pragmatic,the II transition of power has been genera

5、lly smooth,and social security has been relatively stable.In March 2023,the president appointed his eldest son,Khalid,as Crown prince,and promoted Mansour and other three brothers to vice president and deputy chief,achieving the transition of power.The UAE has continuously improved its legal system,

6、increased national pride and foreign investor confidence,and ranked first in the MENA region and 10th globally in the world Competitiveness ranking for the seventh consecutive year.Under the positive influence of rising international oil prices and recovery of economic activities,the UAEs fiscal pos