China & UAE 40 Years of Bridge Building

[Music] it is a privilege for HSBC to host this event with a clear message the bridge between the uee and China which has already achieved so much has an incredible amount more to offer the growth to date has been impressive trade between China and the UAE reached nearly 100 billion US in 2023 underscoring the uae's position as China's second largest trading partner in the region and China as the uee largest trading partner anywhere in the world investment relations between the UE and China are equally strong the comprehensive bilateral investment partnership spanning sectors including infrastructure Logistics Transportation industry technology and renewable energy has helped us to support many Chinese companies to invest in the UAE with Abu dhabi's ambitious transformation plan and China's Belton Road initiative we expect bilateral trade and investment to continue to grow strongly including importantly non-oil trade we're here to support our partners every step of the way we're grateful that the Abu Dhabi investment office named HSBC as its preferred International banking partner in Asia HSBC is proud of our heritage here in the UAE which now dates back over 75 years and our history in China dates back even further to 1865 and this Heritage combined with our deep expertise and presence in the world's biggest markets mean we can support our partners to capture new growth opportunities including of course from this fast growing Bridge thank you oh [Music]