Full text of Chinese President Xi's signed article on UAE media (Part 1)

Source: Xinhua| 2018-07-18 20:37:46|Editor: Xiang Bo
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BEIJING, July 18 (Xinhua) -- Chinese President Xi Jinping on Wednesday published a signed article titled "Working Hand in Hand for a Better Future" on Al Ittihad and The National, two mainstream newspapers in the United Arab Emirates (UAE), ahead of his state visit to the Middle East country.

The following is the full text of the article:

Working Hand in Hand for a Better Future

Xi Jinping

President of the People's Republic of China

I will pay a state visit to the United Arab Emirates (UAE) on July 19th at the invitation of President Sheikh Khalifa bin Zayed Al Nahyan. The UAE will be the first stop of my first overseas trip this year and also the first Arab state I will visit since my re-election as President of the People's Republic of China.

The friendship between the peoples of China and the UAE dates back to ancient times. Our ancestors started trade through the ancient Silk Road well over 2,000 years ago and forged a friendship that remains vibrant to this day. With the opening of trade routes at sea in the 7th century, Chinese silk and porcelain were marketed to the Arabian Peninsula, East Africa and Europe while Arab spices and pearls were brought to Asia through the Indian Ocean.

In 1984, China and the UAE established diplomatic ties, opening a new chapter in the bilateral exchanges and cooperation.

The past 34 years have seen a most dynamic growth of China-UAE traditional friendship and people-to-people exchanges. In the wake of the deadly earthquakes in 2008 which devastated Wenchuan in China's Sichuan Province, the UAE government donated 50 million U.S. dollars. The Chinese people will always remember the solidarity and compassion that came from the UAE.

The past 34 years have seen a robust expansion of our economies in a development miracle occurring on both ends of the Eurasian continent. China has emerged as a strong driving force for world economic growth and the UAE has become an oasis of development for the Arab world.

The past 34 years have also seen a fruitful effort of our two nations each to explore a development path befitting our respective circumstances. In the process of an accelerated modernization drive, our independence has remained intact. The development philosophies and policy objectives of our countries are similar. Our bonds of cooperation are growing stronger. China and the UAE have become bosom friends who help and complement each other, and important partners who always communicate and coordinate with each other on regional and international affairs.

In 2012, China and the UAE established a strategic partnership. The UAE is the first Gulf state to have done so with China. Thanks to the strategic partnership, our bilateral cooperation has embarked on a fast track and covered more areas. What should be specially mentioned is the visit to China by Crown Prince Sheikh Mohammed bin Zayed Al Nahyan of Abu Dhabi in December 2015. During his visit, the Crown Prince and I reached an important consensus on the way forward for a stronger relationship between the two countries. China-UAE friendly cooperation has since made landmark achievements.

-- Our upstream energy cooperation is off to a good start. In 2017, the UAE awarded Chinese companies a combined 12 percent stakes in Abu Dhabi's onshore oil concession, the first time for China to acquire stakes in upstream cooperation in an oil-producing country in the Middle East. In March 2018, the UAE awarded a Chinese entity another 10 percent stake in each of the two offshore concessions in Abu Dhabi.

-- Our industrial capacity cooperation has made historic progress. The Khalifa Port Container Terminal Two, a project jointly built and operated by Chinese and UAE companies with a designed annual capacity of 2.4 million TEUs, will be up and running in the first quarter of 2019. The China-UAE Industrial Capacity Cooperation Demonstration Zone located in the Khalifa Industrial Zone has made good progress. As things stand now, 16 enterprises have signed letters of intent with a committed investment of 6.4 billion yuan.

-- Our new and high technology cooperation is on the rise. The 700-MW Concentrated Solar Power (CSP), a China-UAE joint project, is under construction in Dubai. It will be the world's largest and most advanced solar thermal power plant. The Hassyan Clean Coal Power Plant, the first Middle East project financed by the Silk Road Fund, will be the first clean coal plant in the region upon completion.

-- Our financial cooperation is growing in depth. In December 2015, the central banks of our two countries renewed their currency swap agreement and signed an MOU on RMB clearing arrangements in the UAE. The two central banks also agreed to expand the RMB Qualified Foreign Institutional Investors (RQFII) pilot area to the UAE. The China-UAE Joint Investment Fund has finalized its plans for investment in 12 projects valued at 1.07 billion U.S. dollars.

-- Our people-to-people and cultural exchanges are multiplying. The UAE is now the most favored first stop for Chinese tourists traveling to Arab destinations in the Middle East. In 2017, the number of Chinese tourist arrivals in the UAE exceeded the mark of one million for the first time in history, and about 3.5 million Chinese tourists transited through the UAE. Starting from 2017, UAE citizens traveling on ordinary passports may visit China visa-free. The UAE is the first Middle East country to have been granted such visa-exemption treatment by China. Moreover, the UAE Youth Ambassadors Program has organized six China tours for over 100 young people from the UAE. (More)

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