The Department of Culture and Tourism – Abu Dhabi, in collaboration with Etihad Airways and key tourism stakeholders, has concluded a strategic familiarisation visit for senior travel industry leaders from China, reinforcing Abu Dhabi’s long-term focus on one of its most important international source markets.
Global chemical leader Saudi Basic Industries Corporation (Sabic) has signed an agreement with China’s Rongsheng Petrochemical and its wholly-owned subsidiary Zhoushan to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.
Saudi Arabia is emerging as a fast-growing destination for Chinese tourists, according to Dragon Trail International’s research with WTM Spotlight Riyadh, driven by Approved Destination Status (ADS) status, Vision 2030 goals, stronger connectivity, and rising demand for cultural and luxury travel.
China’s travel and tourism sector is set for strong growth, with World Travel & Tourism Council (WTTC) data projecting a 5.3% expansion in 2026 and 6.5% annual growth over the next decade, reaching $3.5 trillion by 2036.
Global steel excess capacity continues to grow, driven by increasing subsidies in some major non-OECD steel-producing economies, while efforts to restore fair competition are increasingly undermined by circumvention of trade measures aimed at levelling the playing field, according to a new OECD report.
China’s installed power capacity reached 4.01 billion kW by May 2026, ranking first globally. Non-fossil fuels accounted for 62 per cent of capacity, driven by growth in renewable energy projects, including offshore wind and nuclear power.
Marriott International and CG Hospitality Global have partnered to launch Series by Marriott in China, with plans to develop 100 hotels over the next decade. The first four properties are expected to open by 2026.
Ras Al Khaimah Tourism Development Authority (RAKTDA) and Huawei Mobile Services signed a Memorandum of Understanding (MoU) to enhance digital tourism marketing. The partnership focuses on destination content, storytelling, influencer campaigns, and personalised outreach to Chinese travellers.
Global solar power reached record levels in 2025, meeting 75 per cent of new electricity demand and driving the first-ever decline in fossil fuel-based power generation. Led by China and India, solar capacity additions surged 33 per cent, accelerating the global clean energy transition.
Saudi Arabia has signed a series of housing, construction and technology agreements worth SAR1.9 billion ($507 million) with Chinese partners, including China State Construction Engineering, as the kingdom deepens cooperation with China in support of its Vision 2030 transformation programme.
