Hainan Free Trade Port, UAE Sign Strategic Cooperation Agreements

Rizhao Port in Shandong Province has become a leading example of technological innovation and efficiency, handling over 1.5 million metric tons of cargo daily with advanced automation such as robotic rail cranes and autonomous vehicles using the Beidou satellite system. The port's modernization, praised by President Xi Jinping, includes the deployment of lightweight, energy-efficient cranes with smart electric control systems, significantly reducing energy consumption and operational costs. Meanwhile, the 2025 China Hainan Free Trade Port-UAE Promotion Conference held in Dubai emphasized deepening trade and investment cooperation between Hainan and the UAE, focusing on sectors like new energy, finance, biopharmaceuticals, and digital economy. Hainan aims to create a market-oriented, law-based, and international free trade environment characterized by zero tariffs and simplified tax systems, aligning closely with the UAE's 50-Year Development Plan. UAE officials expressed strong commitment to linking their economic policies with Hainan's liberalization efforts, exploring partnerships in cutting-edge technologies such as artificial intelligence and blockchain. This cooperation is expected to enhance China-Middle East economic relations and foster innovation-driven growth.