China has vigorously developed foreign trade this year. The Belt and Road Initiative has promoted the economic development of neighboring countries, and has also received strong support and affirmation from most countries. Since the trade business between China and the United Arab Emirates has been carried out, it has brought great significance to the development of the two countries. Freight forwarder companies from China to the United Arab Emirates have also been established.
The United Arab Emirates is located at the southeastern tip of the Arabian Peninsula, with a total area of 83,600 square kilometers. Across the sea from Iran, it is the key point of maritime traffic from the Persian Gulf into the Indian Ocean. Its coastline forms the southern and southeastern coasts of the Persian Gulf and part of the western coast of the Gulf of Oman, with a coastline of 734 kilometers.
The UAE is very rich in oil and gas resources. The proven oil reserves are about 15 billion tons, and the natural gas reserves are 7.7 trillion cubic meters, ranking sixth in the world. The UAE consists of seven emirates, ranked in order of political influence, economic strength and population ratio: Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Fujairah, and Umm Al Quwain.
The UAE is dominated by oil production and petrochemical industries. While developing the petrochemical industry, the government regards developing a diversified economy, expanding trade and increasing the proportion of non-petroleum revenue in GDP as its top priority, and strives to develop cement, aluminum smelting, plastic products, building materials, clothing, food processing and other industries, attach importance to the development of agriculture, animal husbandry, and fishery; make full use of various financial resources, and focus on the development of culture, education, and health. In recent years, it has vigorously developed a knowledge economy with information technology as its core, while focusing on renewable energy research and development. In June 2009, the capital Abu Dhabi was selected as the headquarters of the International Renewable Energy Agency.
The UAE has a well-developed banking industry, with 23 domestic banks and more than 100 foreign banks and other financial institutions. Foreign exchange is not restricted, currency can enter and exit freely, and the exchange rate is stable. The federal government's revenue comes from the oil or trade revenue of the emirates.
Shenzhen Junqing Logistics has opened a special line freight forwarding service in the United Arab Emirates, one-to-one freight solutions, and fast and convenient customs clearance procedures to escort your goods.
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