Six cooperation agreements reached at China-UAE trade promotion event in Dubai

The China-UAE Trade and Capital Market Forum, or the 3rd China International Supply Chain Expo Roadshow, was held Thursday in Dubai of the United Arab Emirates (UAE), leading to the signing of six major cooperation agreements between the two countries.

Bringing together more than 120 representatives from business associations and enterprises from China and the UAE, the event saw the six agreements cover such key sectors as finance, energy and infrastructure.

A representative from the China Council for the Promotion of International Trade (CCPIT) emphasized the UAE's crucial role as a bridge for trade between the East and West in trade and economic exchanges.

"This year, we will put more emphasis on international cooperation, especially on how foreign companies can localize their supply chains in China, and on how Chinese companies can localize their supply chains abroad," said Lin Shunjie, chairman of the China International Exhibition Center Group Corporation Ltd., in an interview with China Central Television on the sidelines of the event.

Attendees from the political and business sectors of the UAE, who have been long following up the Chinese government policies, expressed their continued commitment to strengthening cooperation with China in the development of industrial and supply chains.

"We are now witnessing even with all this turbulence around the world. China is an economy still standing and still growing thanks to the Chinese government policies to manage this turbulence around the world. I think, with more opening-up policy that China is practicing, the more opportunities for the world," said Kassem Tofailli, president of Arab Chinese Cooperation and Development Association.

Six cooperation agreements reached at China-UAE trade promotion event in Dubai

Six cooperation agreements reached at China-UAE trade promotion event in Dubai

Six cooperation agreements reached at China-UAE trade promotion event in Dubai

Six cooperation agreements reached at China-UAE trade promotion event in Dubai

Hungarians voted in parliamentary elections on Sunday, with about 8.1 million people eligible to cast ballots, according to the National Election Office.

Polls opened at 06:00 local time and closed at 19:00, with initial results expected late on Sunday evening.

Of the total, about 7.6 million voters were eligible to cast ballots in person at more than 10,000 polling stations nationwide, while some 500,000 were eligible to vote by mail.

Five parties or alliances are competing in the election. The latest opinion polls showed strong support for both Prime Minister Viktor Orban's ruling Fidesz-Christian Democratic People's Party alliance and the opposition Tisza party led by Peter Magyar.

Among smaller parties, the far-right Our Homeland Movement is seen as having a chance to enter parliament, while others, including the Democratic Coalition and the Hungarian Two-Tailed Dog Party, are widely viewed as unlikely to cross the threshold.

This election marks Orban's fourth parliamentary race since returning to power in 2010, with the outcome set to determine whether he can secure a fifth consecutive term.

Under Hungary's electoral law, parliamentary elections are held every four years. The Hungarian parliament has 199 seats, including 106 filled through direct elections in single-member constituencies and 93 allocated to parties that enter parliament. The party or alliance that secures a majority of seats has the right to form a government.

Hungarians vote in parliamentary elections