Chinese Commerce Minister Wang Wentao met the leaders of Apple and SK Hynix Inc, the ministry said on Saturday, ahead of major business conferences in the coming week.
In the Friday meetings with Apple CEO Tim Cook and Hynix President Kwak Noh-Jung, Wang discussed the tech companies' development in China, the ministry said in a statement.
Foreign CEOs are visiting for meetings from Sunday to Friday, including the China Development Forum and the Boao Forum.
On Thursday, Cook opened Apple's newest store in Shanghai as the phone maker battles falling iPhone sales in China and rising competition from domestic rivals such as Huawei.
Wang told Cook that China-US economic and trade cooperation is a stabilising force for bilateral relations and that China was willing to work with the United States to create a fair, stable and predictable environment for business cooperation between the two countries, the ministry said.
The ministry said that the Chinese diplomat and Kwak also discussed cooperation in the semiconductor industry chain between China and South Korea.
Q Mobility, Abu Dhabi’s leading public parking operator, and Parkin Company, Dubai’s largest provider of public parking facilities and services, have signed a Memorandum of Understanding to strengthen cooperation.
The UAE has launched the strategic phase of its agentic AI project, which aims to convert 50 per cent of federal government operations, services and tasks to AI-driven models within two years.
Dubai Chambers will host the Dubai Business Forum – China in Shenzhen on October 14, bringing together government officials, business leaders and investors from the two markets.
UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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