Sat 13-10-2018 17:32 PM
GUANGZHOU, 13th October, 2018 (WAM) – Some 85 small and medium national companies from various business and service sectors in the UAE have participated in the 15th China International Small & Medium Enterprises Fair (CISMEF), which was hosted by Guangzhou, a city in China’s Guangdong Province, from 10th and 13th October.
The UAE took part as the first Arabian partner of CISMEF with the largest pavilion covering an area of 1,000 square metres at the venue, with 78 different platforms dedicated to the country’s small and medium enterprises (SMEs) and other national entities.
The country’s delegation was led by Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs. The delegation included over 120 participants from federal and local entities as well as the private sector, including nearly 85 UAE entrepreneurs and SME owners from the country.
CISMEF is considered to be one of the most important regional and international platforms in the entrepreneurship sector, attracting more than 200,000 visitors every year.
Al Saleh earlier said the participation in the exhibition was strategically important, as it provided the perfect opportunity to educate the private sector and businessmen about the opportunities for trade and investment, and said that the SME sector was the mainstay of economic development, owing to which the UAE accords the highest priority to this sector, as well as to the development of a legislative system and business environment conducive to supporting entrepreneurs, as per international best practices.
The UAE participation was organised by the Ministry of Economy, Small and Medium Enterprises Council through its executive arm, the National Programme of Small and Medium Enterprises.
It came in line with the programme’s efforts to promote and empower local entrepreneurs to easily access external markets.