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ADGM: 17 Aug 2016
Abu Dhabi Global Market (ADGM), the new international financial centre in Abu Dhabi, is pleased to support and speak at the 2016 China Investment Conference in Shanghai on 20 August 2016.
Mr Richard Teng, CEO of the ADGM’s Financial Services Regulatory Authority (FSRA), together with Mr Rashed Al Balooshi, CEO of Abu Dhabi Securities Exchange (ADX), will be sharing insights of the investment opportunities in the UAE and Abu Dhabi and discussing possible cross-border efforts at the “One Belt One Road” panel session. China is the second largest trading partner of the UAE and the UAE has been a gateway to about 60 per cent of China’s merchandise exports to the regional markets. The bilateral trade between the two countries grown exponentially from USD 63 million in 1984 to approximately USD 60 billion in 2015.
The China Investment Forum is a flagship annual event, championed by the prestigious CFA Institute, that gathers leading Chinese and international investment decision makers and thought leaders, investment and finance professionals, academics, and business executives.
ADGM’s participation in the China Investment Conference is a continuation of its ongoing engagements and commitment to support China’s strategy for furthering trade and long-term economic ties in Asia and the Middle East regions. Since October 2015, ADGM has successfully established partnerships with key Chinese regulatory counterparts in both the commercial and financial sectors. As an international financial centre that is anchored on Abu Dhabi’s economic infrastructure and financial strengths, ADGM’s commercial and financial offering and framework provides a strategic platform for Chinese companies and investors seeking to extend their investment interests and businesses in the UAE and wider region.
Together with ADX, ADGM will also be meeting with business and funds industry leaders in China to exchange ideas and explore initiatives that will facilitate business developments in both respective markets.
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