Dubai, 7th November, 2017: Chinese Business Hub, the UAE’s first dedicated business centre for new Chinese start-up companies and SME’s, held it’s official opening Ceremony on location at its HQ in Dubai South Business Park on Tuesday 7th November 2017. CBH’s expertise lies in assisting Chinese companies and entrepreneurs to set up a business presence in the UAE and provide full business set-up services from start to finish, including fully furnished and equipped office space, procurement support, trade license & visa issuance and dedicated receptionists and conference facilities. The impressive 30,000 square foot business facility boasts state of the art, modern offices and equipment, designed and operated to ensure a first-class, professional working environment for its business occupants.
CBH will allow Chinese companies to smoothly set up and quickly develop their business in the region and to facilitate all processes such as visa applications.
The Business Centre opening ceremony was attended by Dubai South’s Shoaib Alrahimi, VP Business park , Mohsen Ahmad, VP Logistics District and Justin Wilshaw, SVP Commercial along with many leading Officials and Association Representatives, from local and International Consulates. H.E. Madam Li Ling Bing, Consulate General of the People’s Republic of China in Dubai, stated that she “hoped the Chinese Business Hub was a successful model for the long-term continued economic cooperation between the UAE and China”.
Key to the long-term success of the Chinese Business Hub is the important strategic location of the business centre in Dubai South, Home to Al Maktoum International Airport, the world’s largest airport in the making and home to Dubai Expo 2020.Dubai South’s future is viewed as the new investment, business and transport epicenter of the UAE and is integral to maintaining Dubai’s position as a global destination for investment. There are currently 4,500 companies registered at Dubai South, making it the preferred gateway to the emerging markets of the Middle East, Africa and South Asia.
The opening of CBH represents Dubai South’s efforts in attracting more Chinese investment into Dubai and also boost the presence of Chinese businesses in the region. Dubai South VP – Business Park, Mr Shoaib Alrahimi who quoted:
“We are thrilled to have CBH as part of our vibrant business community. Our commitment is to provide the necessary ground for such a great investment”. This was concurred by Alex Chen, General Manager of CBH, who stated “At Chinese Business Hub, the strategic location and visionary planning of Dubai South has made it one of the most popular investment destinations for Chinese companies and we are very pleased to have our business HQ at the center of the Emirate’s flagship masterplan city within a city. Dubai South is set to thrive and we expect our business center and our clients to thrive with it. Dubai South really is the future of Dubai!”
Dubai South’s logistical, investment and strategic advantages for Chinese companies allow them to use Dubai as a bridge to access wider markets both regionally and internationally. China is the UAE’s largest trading partner, with bilateral trade between the two countries standing at an impressive US$64.4bn in 2016. China’s top 4 banks also all have branches in Dubai.
A total of 13 Chinese cities are also connected to Dubai with more than 100 weekly flights, with the Dubai government’s announcement that all Chinese visitors to the UAE are granted visa’s upon arrival.
With 2,829 Chinese companies currently registered with the Dubai Chamber, a total of 4,500 Chinese-owned businesses in the city and Chinese nationals making up an estimated 10% of Dubai’s population, there remains many strong pull factors ensuring Chinese companies remain highly interested in the UAE markets. It’s very clear to see what Dubai is the global city of choice for so many Chinese SME’s.