|12-22-2014, 08:39 PM||#1|
Sharjah-China trade growing fruitfully
Sharjah-China trade is growing fruitfully and steadily and could have actually jumped by 11 percent this year to reach $5 billion (Dh18.35 billion) according to an official empowering the important trade relation between the two countries.
China remains in fact a very crucial trade partner of the emirate as the two countries achieved a growth rate of 10% last year in bilateral trade.
Plus the trade activities between Sharjah and China grew at a 10 percent pace last year to “$4.5 billion (Dh16.51 billion) last year and it’s expected to exceed $5 billion by the end of this year,” said Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department (Sedd).
Sharjah continue on expanding internally and externally on a business and touristic scale as it hopes to reach its neighbors economical strengths; Dubai and Abu Dhabi, being a hub of global investments and a top destination for travelers across the world.
Being aware that visitors to the Emirate of Sharjah hit the one-million mark in the first half of 2014, according to the Sharjah Commerce and Tourism Development Authority (SCTDA)
Sharjah recorded a 15% increase in tourist arrival in the first six months from the same period last year when it saw 955,355 tourists
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