The value of trade between Dubai and China totalled AED36 billion ($9.8 billion) in the first quarter of 2019, it was revealed on Tuesday.
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It said telecoms, phones, PCs, aluminum, gold, automobiles, and engines topped the list of most traded commodities between Dubai and China.
The statement also said there are as many as 876 active Chinese businesses currently registered with Dubai Customs, including 623 firms holding trade licences, 244 licensed free zone establishments, and nine companies with professional licences.
During the Crown Prince’s visit, an agreement between the UAE Federal Customs Authority and the General Administration of Customs of the People’s Republic of China was signed for the implementation of the authorized economic operator (AEO) program.
Dubai Customs said it is already using some of China’s most advanced screening and inspection technology to scan containers, goods, vehicles and passengers across its various customs centres in Dubai, including in the flagship Port of Jebel Ali and Dubai International Airport.
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