In an effort to enhance trade and commercial ties, a high-ranking delegation from China, led by Shao Chunhong, vice-mayor of the Yiwu Municipal People’s Government, visited LuLu Group’s headquarters in Abu Dhabi. The visit featured discussions with top Lulu executives, tours of significant hypermarkets, and the formal signing of a strategic Memorandum of Understanding (MoU). The MoU was signed by Saifee Rupawala, CEO of LuLu Group, and Gong Chenghao, general manager of Zhejiang China Commodity City Group, with Shao Chunhong, Yiwu vice-mayor, Yusuffali MA, LuLu Group chairman, and other senior officials in attendance.
The agreement seeks to bolster the strategic partnership by promoting Chinese products through Lulu’s extensive retail network, aiding the international growth of small and medium-sized enterprises, and improving cross-border supply chain and logistics efficiency.
During the event, Yusuffali MA emphasized Lulu’s enduring relationship with China, noting, “LuLu Group has been actively sourcing from China for over two decades.”
“This collaboration strengthens our dedication to expanding bilateral trade, and we are eager to bring more premium Chinese products to our consumers in the GCC and other global markets,” he stated.
Shao Chunhong remarked, “Yiwu has consistently been a global trade hub, especially in the commodities sector. This collaboration with LuLu Group offers a significant opportunity to integrate our businesses into global markets further and deepen China-UAE trade relations.”
LuLu has operated in China for 25 years, currently maintaining four sourcing offices in Hong Kong, Guangzhou, Yiwu, and Fujian. Also present were Ashraf Ali M A, executive director, Mohamed Althaf, Salim M A, LuLu Group directors, Mujeeb Rehman, buying director, Nirose PM, LuLu China country manager, and other key officials.
