Global Times

China–UAE News

Hong Kong Expands Offshore Yuan Financing and GCC Outreach for Belt and Road

Invest Hong Kong announced efforts to expand offshore yuan financing across Belt and Road markets during the Annual Conference of Financial Street Forum 2026 in Beijing. Hong Kong delegations have conducted roadshows in Gulf Cooperation Council countries to foster capital market ties and lower funding costs for infrastructure. The initiative targets clean energy, off-grid power grids, and energy storage, while encouraging mainland firms to expand via Hong Kong.

China–UAE News

First XPENG Flying Car for UAE Low-Altitude Zone Rolls Off Line

Sheikh Saud bin Saqr Al Qasimi, ruler of Ras Al Khaimah, visited XPENG AEROHT's mass-production plant in Guangzhou on October 20. Together with founder Zhao Deli, he unveiled and took delivery of the first 'Land Aircraft Carrier' (model X3-F) test unit for the UAE's low-altitude regulatory demonstration zone. The milestone advances a strategic cooperation agreement and regulatory sandbox initiative launched in September.

China–UAE News

UAE Showcases Chinese-Made L-15 Jets in Morocco Ahead of Airshow China

The UAE Air Force's Al Fursan aerobatic display team demonstrated Chinese-built L-15E advanced trainer jets at the Marrakech Air Show 2026 in Morocco. The team has also been invited to perform alongside Russia's Russian Knights at the 16th China International Aviation and Aerospace Exhibition in Beijing. Observers note that these international appearances highlight the growing global adoption and versatility of Chinese aviation platforms.