China

Industry News

Japan Downstream Aluminium Imports Fall 6.2% as UAE Shipments Drop 41.8%

Japan imported 1.36 million tonnes of downstream aluminium products in January–August 2026, marking a 6.2% decline year-on-year. Shipments from the UAE plunged 41.8% to 157,022 tonnes, relegating the country to second place among Japan's major suppliers while Australia took the top spot. Japan's spending on imports from the UAE dropped 31.8% to USD 517 million, whereas suppliers from China and Brazil gained market share.

China–UAE News

Dubai Targets 1,000 AI Companies by 2030 as Chinese Tech Firms Join Festival

Dubai has raised strategic targets for the Dubai AI Campus to attract over 1,000 artificial intelligence companies and create 5,000 specialized jobs by 2030. Announced at the third Dubai AI Festival, the event welcomed international delegations including more than 100 Chinese technology firms showcasing digital innovations. The campus has already attracted over 500 AI companies and AED 1 billion in investment.

China–UAE News

UNCTAD Report: UAE Attracts $48 Billion FDI as China Investments Surge

GCC foreign direct investment inflows rose 18 percent to $99 billion in 2025, with the UAE securing approximately $48 billion, according to UNCTAD. China and India were highlighted as key rapidly growing sources for industrial and technology investments in the region. Outward GCC investment also climbed 11 percent to $130 billion.

Industry News

SABIC Confirms Fujian Petrochemical Complex on Track for Fourth-Quarter Startup

Saudi petrochemical major SABIC confirmed that its multibillion-dollar Fujian complex in China is scheduled to begin operations in the fourth quarter of 2026. Chief Executive Officer Faisal Al-Faqeer stated that three polyethylene and polypropylene units completed successful trial runs on their first attempt. The progress coincided with SABIC posting a third-quarter adjusted net income of $224.3 million.