Representatives of chambers of commerce from various countries and regions have expressed their confidence in the Chinese economy during the ongoing 13th World Chambers Congress in Geneva.
Mohammad Lootah, President and CEO of Dubai Chambers, highlighted China’s robust economy, strong manufacturing sector, and talented workforce as key factors driving innovation. He praised China’s infrastructure and fintech sectors, as well as its advancements in cutting-edge technologies like AI and the Internet. Lootah also noted the quick recovery of Chinese business activities after the COVID-19 pandemic and emphasized Dubai’s significant partnership with the Belt and Road Initiative (BRI). The BRI has played a pivotal role in Dubai’s non-oil sectors, including tourism, telecommunications, renewables, smart cities, AI, and other technology-oriented industries.
Dario Gallina, President of the Torino Chamber of Commerce in Italy, underscored the importance of the Chinese market for Italian products and the tourism industry. He highlighted the increasing spending power of the Chinese population as the country’s economy continues to develop. Gallina mentioned that China’s infrastructure, well-educated workforce, relatively low labor costs, and diverse consumer groups offer favorable business opportunities for entrepreneurs.
According to Alexandra Gaillard, President of the Geneva Chapter of the Swiss-Chinese Chamber of Commerce (SCCC), the Chinese economy has fully regained momentum after the impact of the COVID-19 pandemic. Gaillard mentioned that the SCCC frequently welcomes delegations from different regions of China seeking potential business opportunities in Switzerland and Europe.
The positive sentiments expressed by participants at the World Chambers Congress reflect their confidence in China’s economic strength, growth potential, and its role as a valuable trade partner.
