Oil and gas, renewables, storage and environmental industries
UAE Presidential Special Envoy Khaldoon Khalifa Al Mubarak held talks with Chinese Foreign Minister Wang Yi in Beijing to deepen bilateral ties. The meeting reviewed cooperation under the UAE-China Comprehensive Strategic Partnership established in 2018. Both sides focused on broadening collaboration in key sectors including investment, energy, trade, and advanced technology.
Abu Dhabi sovereign investor Mubadala plans to accelerate its China investments with targeted annual growth of 15% to 20%, CEO Khaldoon Al Mubarak told 21st Century Business Herald. Over the next three to five years, the fund will focus on life sciences, energy and energy transition, infrastructure, and technology. Mubadala has deployed more than $20 billion in China since 2015, shifting toward larger, high-conviction transactions.
UAE Presidential Special Envoy Khaldoon Al Mubarak met Chinese Foreign Minister Wang Yi in Beijing to review bilateral relations. The discussions focused on expanding cooperation across energy, investment, advanced technology, and trade under the Comprehensive Strategic Partnership established in 2018.
China's five largest solar module manufacturers eliminated 40,589 jobs in 2025, shrinking their aggregate workforce by 21% as severe industry overcapacity continued. The contraction follows a 31% workforce reduction in 2024, leaving total staffing down by roughly half across two years. Operating losses have deepened amid price drops and domestic market reforms, while export volumes fell 10% in the first eight months of the year.
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