Ningbo Merchants optimistic about Dubai free trade port

China News agency, Ningbo, January 23 "in the Middle East, no better than Dubai free trade port, within five years, its trade transit status can not be shaken." "Ningbo Yong FA Import and Export Co., Ltd. President Xu Punan said that nearly two years, his company in Dubai sales every year more than 4.7 million U.S. dollars." "The impact of the Dubai debt crisis at the end of 2009 compared to the global financial crisis on Dubai can only be a small meaning." "" The October 2008 global financial crisis, the impact of the local real estate industry and engineering projects, Dubai has appeared some uncompleted buildings, but the port and trade has not been much impact, people's lives are relatively normal.　　Xu Punan told reporters that a large number of famous cars were abandoned at the airport at that time appeared. Ningbo is a typical export-oriented economy, according to statistics, three people in Ningbo in the work related to foreign trade, in recent years, more and more Ningbo merchants go out to set up branches overseas, and as the largest free trade port in the Middle East---Dubai is a lot of Ningbo enterprises ideal choice. According to the end of 2009, just returned from the Dubai of Ningbo Foreign Trade Bureau staff, Ningbo has more than 100 enterprises in Dubai set up a branch, but most are trading companies or trade offices, engaged in real estate development enterprises very few. "So the impact is not very great. "But many companies still have a big decline in sales. Xu Punan said, compared with 2008, many Dubai Ningbo Enterprises in 2009 sales generally have a decline of about 30%. In Dubai set up a branch of Ningbo Rich Shield Clothing Co., Ltd. is one of them. "At the best of times, sales of more than 5 million dollars a year, only 3 million dollars last year."　　Xia Yilin, head of the company's overseas operations, said that after the financial crisis the Dubai government tightened visa restrictions on some countries, shutting out many of the guests who wanted to Dubai, "the greatest misfortune to trade." "In Dubai business, most guests like to trade with cash, so the only requirement for doing business there is adequate sourcing." Xia Yilin told reporters that their company entered Dubai in 2004, when the Dubai government visa for all countries are open, the world's distributors will be to Dibailai to buy, "that period of time is actually the best to do business for several years."　　"The exchange rate is also a major impediment to Chinese companies ' trade in the region," says a lot of executives in the Dubai business. Despite the double impact of the global financial crisis and the debt crisis, Xu Punan is still very optimistic about the future of Dubai, "The Burj Dubai has been built to show that the economy is still strong." There is no better free trade port than Dubai in the Middle East. Businessmen are profit-driven, and if there are better places than Dubai they will go. "In Dubai is to stay, Xia Yilin's choice is" to see the situation this year again.