As China and the United Arab Emirates (UAE) celebrate 40 years of diplomatic ties, Dubai’s business leaders are spotlighting China’s growing tech dominance. Mohammed Lootah, President and CEO of Dubai Chambers, emphasized that \"China is leading in lots of new tech areas\" – from AI to renewable energy – and urged deeper partnerships with Chinese innovators.
Why it matters: With the UAE pushing to diversify its economy beyond oil, Lootah sees tech collaboration as a win-win opportunity. \"Interacting more with Chinese tech companies isn’t just smart—it’s essential,\" he said, pointing to Dubai’s recent deals in smart cities and green tech.
Trend watch: Startups in Dubai’s free zones are already mirroring Shenzhen’s innovation playbook. Could this anniversary year kick off a \"Silk Road 2.0\" for tech? Investors are betting on joint ventures in quantum computing and electric vehicles as the next big wave.
Reference(s):
cgtn.com