logo
RAKEZ concludes series of strategic engagements across China to boost bilateral cooperation

RAKEZ concludes series of strategic engagements across China to boost bilateral cooperation

Zawya30-05-2025
Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) successfully concluded a multi-city business mission across China, further solidifying its role in advancing UAE-China trade and investment relations. The delegation participated in several high-level B2B engagements, the prestigious 'UAE – China (Sichuan) Economic & Trade Cooperation Promotion Conference' event, hosted by the Embassy of the United Arab Emirates in Beijing, as well as the Invest UAE Roadshow in Guangzhou led by the UAE Ministry of Investment.
The events brought together senior officials, business leaders, and investors to explore cooperation in energy, logistics, technology, healthcare, green energy, and more. Through its participation, RAKEZ deepened dialogue with stakeholders, showcased Ras Al Khaimah's business appeal, and strengthened economic ties with one of its most important international markets.
Reflecting on the success of the visit, RAKEZ Group CEO Ramy Jallad commented: 'China is a market of great strategic importance to us. Our continuous engagement across several provinces is part of a broader mission to foster resilient, future-focused partnerships. As an enabler of the Belt and Road Initiative, RAKEZ stands as a trusted platform where Chinese enterprises can establish, innovate, and thrive on a global scale. We are here to support their journey every step of the way.'
During the Invest UAE Roadshow in Guangzhou, RAKEZ CCO Anas Hijjawi participated in a panel discussion on 'The UAE as a Manufacturing Hub for Chinese Companies Expanding Internationally'. In his remarks, Hijjawi introduced RAKEZ's dual-track industrial strategy. He first highlighted the zone's strong foundation in traditional manufacturing sectors such as metal processing, building materials, chemicals, etc., which have long been key pillars of Ras Al Khaimah's industrial landscape. He then introduced the economic zone's evolving vision through infrastructural initiatives like Tech Flex—an approach designed to attract technology-driven companies by leveraging synergies with its established industrial base. This transition is already taking shape through major developments like THi's USD 300 million high-tech industrial park and the USD 360 million Zhong A Shandong Industrial Park, which are drawing businesses in advanced manufacturing, wood processing, and food production.
Building on this momentum, RAKEZ continues to capture interest from the Chinese business community through its collaborative and flexible approach. Rather than applying a one-size-fits-all model, the economic zone co-develops infrastructure and services with its partners, aligning with each project's unique goals. This has helped foster long-term relationships with over 200 Chinese enterprises across sectors such as LED lighting, packaging, recycling, and engineering. Key players such as China State Construction, Metally Industries, Maxtron Show Lighting, Zaiwei Construction, and THi have chosen RAKEZ as a base for regional operations. These enterprises are supported through streamlined licensing, scalable warehousing and industrial space, and visa facilitation—designed to accelerate set-up and support long-term growth.
RAKEZ's efforts align with the UAE's broader role as a key trade partner for China. As China's largest commercial partner in the Arab world, the UAE serves as a critical re-export hub, with around 60% of Chinese trade channelled through the country to more than 400 cities across the MENA region. The economic zone's collaborations with leading Chinese industrial entities and development zones—including the Tianjin Pilot Free Trade Zone, Liaocheng Economic and Technological Development Zone, Zhong A Shandong Industrial Park, and Foshan Commerce Bureau—underscore the depth of its engagement. These relationships are further strengthened through regular outreach and roadshows in key cities such as Shenzhen, Foshan, Dongguan, Guangzhou, Liaocheng, and Tianjin.
RAKEZ remains focused on fostering growth in next-generation sectors such as electric mobility, agri-tech, circular economy solutions, and speciality chemicals. Its industrial ecosystem, backed by sector-focused infrastructure and pro-investor policies, is poised to support the ambitions of Chinese businesses seeking international expansion and long-term regional relevance.
About Ras Al Khaimah Economic Zone (RAKEZ):
RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts over 30,000 companies coming from over 100+ countries and operating in more than 50 industries.
RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: Al Nakheel and Al Hamra Business Zones for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers.
A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China Unicom Beijing Powers World's First Humanoid Robot Games with Smart 5G-A Network
China Unicom Beijing Powers World's First Humanoid Robot Games with Smart 5G-A Network

Zawya

time17 hours ago

  • Zawya

China Unicom Beijing Powers World's First Humanoid Robot Games with Smart 5G-A Network

BEIJING, CHINA - Media OutReach Newswire - 18 August 2025 - At the 2025 World Humanoid Robot Games which just kicked off, China Unicom Beijing provides full 5G-A network coverage outside and inside the event venue — Beijing National Speed Skating Oval. This cutting-edge network, characterized by its high uplink capacity, reliability, and security, is enabling over 500 robots from nearly 280 teams worldwide to compete at their best across athletic, performance, industrial, and healthcare contests. It is also significantly enhancing the experience for tens of thousands of spectators. Such robust 5G-A networks will transform society by propelling humanoid robots beyond competitions and into full-scale commercialization. The AI industry is developing rapidly. Multimodal and cross-device interactions are reshaping personal experiences, IoT connections are growing exponentially, and AI is now woven into the fabric of core production processes, completely redefining workflows. These embodied AI robots are a demanding AI application, requiring a specialized network that allows them to perceive their surroundings, make instant decisions, pinpoint their location precisely, and coordinate with other robots. With the games already in play, China Unicom Beijing is delivering reliable, extensive, and high-uplink connectivity for both robots and spectators outside and inside the arena. Outside, a 5G-A 3D network coordinating 1:1 high and mid bands boosts peak uplink and downlink user-perceived rates to 4 Gbps and 11.2 Gbps, respectively. Inside, LampSite offers 300 MHz bandwidth, achieving a peak network speed of 2.4 Gbps. "Our 5G-A networks currently serve users, and we're upgrading them to support embodied AI as well," said Qin Yang, Deputy General Manager of China Unicom Beijing. "Our 5G-A network for this event reflects this progress. It dedicates a channel for spectators and a dynamically scalable one for robots, realizing seamless connectivity for both spectators and robots even during peak usage. In the robot sector, 5G-A will also be key to enabling low-latency remote control." Samuel Chen, Vice President of Marketing for Huawei's Wireless Network Product Line, said, "At the humanoid robot games, the network must support many robots, spectators, and live media streams. It needs to provide high uplink capacity, low latency, high reliability, and wide coverage." Inside the venue, a 5G-A digital indoor system has been developed utilizing 300 MHz ultra-high-bandwidth spectrum. It delivers an uplink speed above 100 Mbps, allowing multiple 4K machine vision streams to be uploaded without frame loss. It also ensures air interface latency remains below 20 ms, so robots can respond to commands instantly. Outside the venue, a 5G-A 3D network coordinates 1:1 high and low bands to achieve downlink and uplink speeds of 10 Gbps and 4 Gbps, respectively. With this fast connectivity, 8K panoramic cameras merge footage live, media like CCTV upload UHD shallow-compressed signals in seconds, and crowds live stream and share videos without lag. As the world's first international sports event for humanoid robots, the games set the stage for a groundbreaking fusion of technology and athletics, signaling AI's expansion into sports at scale. As the event's exclusive global communications partner, China Unicom is dedicated to ensuring millisecond-level network response and zero downtime with its 5G-A, AI, and all-optical network expertise through collaboration with partners. Beyond the event, China Unicom aims to inject strong momentum into the robotics industry. Hashtag: #Huawei The issuer is solely responsible for the content of this announcement. Huawei

China still storing crude oil even as refinery runs rise: Russell
China still storing crude oil even as refinery runs rise: Russell

Zawya

time20 hours ago

  • Zawya

China still storing crude oil even as refinery runs rise: Russell

(The views expressed here are those of the author, a columnist for Reuters.) LAUNCESTON, Australia - China's refiners lifted their processing rates in July, but strong crude oil imports and domestic output meant there was still a surplus of more than half a million barrels per day (bpd) available for storage. The volume of surplus crude in July fell to 530,000 bpd from 1.42 million bpd in June, according to calculations based on official data. Despite the decline in surplus oil, the key point is that refiners are still likely adding to stockpiles, which will allow them to trim imports should prices rise to levels they believe are not justified by market fundamentals. China does not disclose the volumes of crude flowing into or out of strategic and commercial stockpiles, but an estimate can be made by deducting the amount of oil processed from the total of crude available from imports and domestic output. Refiners processed 14.85 million bpd of crude in July, up 8.9% from the same month last year, but down 2% from June, although that month was the highest since September 2023. The utilisation rate rose to 71.84% in July, up 1.02 percentage points from June and 3.56 percentage points from July 2024, according to official data released on Aug. 15. China, the world's biggest crude importer, saw arrivals of 11.11 million bpd in July, while domestic production was 4.27 million bpd. This meant that a total of 15.38 million bpd was available to refiners, and subtracting the 14.85 million bpd that was processed leaves a surplus of 530,000 bpd. For the first seven months of the year China's surplus crude amounted to 980,000 bpd, the bulk of this being built up from March onwards as crude imports and domestic output rose at a faster rate than refinery processing. It is worth noting that not all of this surplus crude is likely to have been added to storage, with some being processed in plants not captured by the official data. But even allowing for gaps in the official data, it is clear that from March onwards China has been importing crude at a far higher rate than it needs to meet its domestic fuel requirements. CRUDE IMPORTS The question for the market is whether the recent strength in crude imports will persist or if they will decline in coming months as refiners use more of their stockpiled oil. The key is generally prices, with China's refiners showing a pattern of increasing imports when they deem prices to be reasonable, but cutting back when they believe they have risen too high, or too quickly. The increase in crude imports from March onwards coincided with a declining trend in prices, with global benchmark Brent crude falling from a high of $82.63 a barrel on January 15 to a four-year low of $58.50 on May 5. Since then the picture has been more volatile, with the brief conflict between Israel and Iran, later joined by the United States, sending Brent to a high of $81.40 a barrel on June 23, before prices slipped back to around $65.57 in early Asian trade on Monday. It's possible that the rising prices from the May low to the June high may see China trim imports for cargoes arriving in late August and early September, as this would be the time period in which they were arranged. The move by top exporter Saudi Arabia to increase its official selling prices for both August- and September-loading cargoes may also see China buy fewer cargoes. But if refinery processing rates continue to rise and Chinese refiners continue their recent trend of exporting more fuels such as diesel and gasoline, imports of crude may hold up in coming months. Enjoying this column? Check out Reuters Open Interest (ROI), your essential new source for global financial commentary. ROI delivers thought-provoking, data-driven analysis of everything from swap rates to soybeans. Markets are moving faster than ever. ROI can help you keep up. Follow ROI on LinkedIn and X. The views expressed here are those of the author, a columnist for Reuters.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store