[UAE's economic growth prospects are promising]In 2026, under global economic pressures such as geopolitical conflicts and rising energy prices, the United Arab Emirates will rely on its non oil industry advantages to consolidate its economic advantages. It is predicted that the UAE's economic growth rate will reach 7.7% in 2027, leading the regional energy export economy. Benefiting from the recovery of the energy market, non oil industries and artificial intelligence, and the reshaping of the global industrial chain. It is expected that the current account balance of the country will account for 4.8% and 7.8% of GDP in 2026 and 2027, respectively, demonstrating impressive performance among global technology demand growth economies.Editor/Gong Ziwei
On October 14, 2026, the Sifangshan Tunnel of the West Chongqing High speed Railway, which was constructed by China Railway 11th Bureau, completed its final blasting, and the tunnel was successfully completed, and the project began construction on ballastless track. The tunnel is located in Dabashan District, Kaizhou, Chongqing, with a total length of about 9.5 kilometers, and belongs to the first level high-risk tunnel. The project relies on mechanized equipment and intelligent monitoring systems to overcome complex geological problems, forming multiple patents and construction methods. After the completion of the West Chongqing high-speed railway, the travel time from Chongqing to Xi'an will be reduced to 2.5 hours, improving the high-speed railway network in the central and western regions.Editor/Gong Ziwei
On October 14, 2026, the first cross-border data verification cooperation platform in the central and western regions, the Chongqing Hong Kong Cross border Data Verification Platform, was officially launched and put into operation in Chongqing and Hong Kong. It will provide convenient conditions for residents of Chongqing and Hong Kong to work and live across borders, as well as for enterprises in both places to expand their business and cross-border financing.Editor/Gong Ziwei