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News Emirati > Business > Dubai and Shanghai Business Leaders Convene to Expand Cooperation Across Priority Sectors
Business

Dubai and Shanghai Business Leaders Convene to Expand Cooperation Across Priority Sectors

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Last updated: July 21, 2026 11:40 am
NewsDesk
Published: July 21, 2026
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Discussions between Dubai Chambers and the Shanghai Federation of Industry and Commerce focused on strengthening economic ties and boosting two-way investment flows between their respective business communities. Officials reviewed opportunities in sectors with high potential for mutual benefit, placing particular weight on advancements in the digital economy. The meeting reflects sustained efforts to capitalise on an already dynamic partnership that continues to draw increasing numbers of Chinese enterprises to Dubai.

H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, led the delegation and outlined the breadth of existing links. Lootah said, “Dubai and China share a dynamic economic partnership with significant scope to expand trade and investment ties, deepen collaboration, and drive mutual growth. We are committed to further strengthening cooperation between the business communities in both markets, supporting two-way investment flows, and exploring new opportunities across priority sectors.” Yang Dongsheng, Vice Chairman of the Shanghai Federation of Industry and Commerce, joined the talks from the Chinese side.

Conversations highlighted the digital economy as a field ripe for expanded joint activity, including potential ventures that could leverage expertise from both markets. Participants considered practical steps to help companies overcome entry barriers and tap fresh commercial prospects. Such engagement supports broader aims to position Dubai as a leading centre for technology-driven growth.

Dubai Chambers figures show China ranked seventh among source countries for new foreign company registrations with the chamber in 2025. The data record 1,583 Chinese firms joining that year, an annual increase of 7 percent. This steady rise illustrates the emirate’s appeal as a regional platform for Chinese businesses seeking to expand their international footprint.

The chamber maintains offices in Shanghai, Shenzhen and Hong Kong to gather market intelligence and promote bilateral opportunities, according to its overview of international operations. These outposts target sectors ranging from high-technology and manufacturing to finance, trade, tourism, maritime affairs and logistics. The physical presence in China directly facilitates the kind of dialogue that took place during the April meeting in Shanghai.

As a central driver of the emirate’s economy, Dubai Chambers works to empower local and international businesses, assist their entry into overseas markets and protect commercial interests. The organisation simultaneously advances digital transformation initiatives while reinforcing Dubai’s status as a premier global business hub. The latest round of talks with the Shanghai Federation of Industry and Commerce forms one element within a wider programme of Asian outreach.

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