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What kind of city is Dubai?
Located in the middle of Arabian Peninsula and the south bank of Arabian Gulf, Dubai is the center of the Gulf region, facing the South Asian subcontinent across the sea, and is known as the Pearl of the Gulf. In the late 1980s, when other Arab countries were still eager to gain greater oil benefits through war, the rulers of Dubai clearly realized that their country's oil reserves were rapidly declining, and their weak military strength prevented them from emulating those war maniacs. King Maktoum decided to make a major adjustment to Dubai's economic structure, from "selling products" to "selling services". Dubai's tourism service industry has filled the city with new vitality. Since then, Dubai has taken advantage of its international trade market to vigorously develop tourism while developing its economy. Tens of thousands of international tourists come here for sightseeing and vacation every year, and the number of tourists staying in Dubai has soared from 2 million in 1996 to more than 6 million in 2005. At the same time, the number of transit passengers at Dubai International Airport has also increased from 8 million to nearly 25 million, and the tourism consumption index has increased year by year. Dubai, a new city, has attracted an influx of entertainment and financial enterprises. Since 2003, Dubai's tourism revenue has exceeded oil revenue, accounting for more than 10% of GDP. Moreover, tourism has solved the employment rate of 25% in Dubai and become the most important source of income. The development of tourism promotes the extension of Dubai's industrial chain. Now, 700 billion dollars of hot money is operating in Dubai Capital, and the real estate industry, trade processing, telecommunications, hydropower and high-tech industries have been upgraded in an all-round way. At present, there are 22 government trade centers and 65438+2000 industrial and commercial enterprises in Dubai. Numerous hotels and restaurants have taken root here, and high-end hotels costing hundreds of millions of dollars have become commonplace here. Dubai's successful model has become the object of imitation by neighboring countries, and a new "hanging garden" is being presented to the world at an alarming rate of development.