Expo 2020 Dubai will run from 20th October, 2020 to 10th April, 2021. WAM
DUBAI: The design of the Chinese Pavilion for Expo 2020 Dubai was unveiled on Wednesday in Dubai, in the presence of Ambassador Ni Jian of the People’s Republic of China in the UAE, Najeeb Mohammed Al-Ali, Executive Director, Dubai Expo 2020 Bureau and Zhang Yi, Deputy Secretary-General of China Chamber of International Commerce.
Among other attendees were more than 150 guests including representatives from Expo 2020 Dubai, Dubai Tourism, the Consulate General of China in Dubai, China Council for the Promotion of International Trade, CCPIT, UAE and Chinese entrepreneurs, media, and China Pavilion partners.
Ruan Wei, Director of Expo Affairs, CCPIT, gave an update on China’s participation progress and presented the design of the China Pavilion. The country confirmed its participation in Expo 2020 Dubai in January 2017 and signed its official participation contract in May 2018. Zhang Shenfeng, Vice Chairman of the CCPIT, has been appointed as Commissioner General of the China Pavilion at Expo Dubai 2020.
Through its theme of "Building a Community with a Shared Future for Mankind - Innovation and Opportunity," the China Pavilion will be one of the largest at Expo 2020 Dubai, occupying a land area of 4,636 sq m.
There are three main features of the China Pavilion, which are innovation, innovation in architecture design and innovation in exhibition.
Expo 2020 Dubai will run from 20th October, 2020 to 10th April, 2021. It will be the first World Expo to be held in the Middle East, Africa and South Asia, MEASA, region and expected to receive 25 million visitors. A total of 190 countries have confirmed their participation in the Expo.
Didi Chuxing signed a strategic agreement with Symphony Investment and other leading investment institutions in the Middle East to establish an innovative industry partnership across the Mena region and China.
The Dubai-China bilateral trade hit Dhs139 billion in 2018, and was valued at Dhs36 billion in the first quarter of 2019.
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
London's benchmark FTSE 100 index was up 1.0 per cent, in the eurozone, Frankfurt won 0.9 per cent and Paris climbed 0.8 per cent.
Spot gold was up 0.8% at $2,033.86 per ounce by 0655 GMT, after hitting a record high of $2,036.49. US gold futures rose 1.4% to $2,049.30.
The benchmark Nikkei 225 index slipped 0.26 per cent, or 58.81 points, to end at 22,514.85, while the broader Topix index inched down 0.04 per cent, or 0.55 points, to 1,554.71.
Brent crude was up by 31 cents, or 0.7%, at $44.74 a barrel by 0713 GMT. The contract rose 0.6% on Wednesday to its highest close since March 6. West Texas Intermediate oil was up by 26 cents, or 0.6%, at $41.96 a barrel. The contract ended Tuesday trading 1.7% higher, its highest close since late July.