On July 11, Minister of Commerce Wang Wentao met with Yasir Al-Rumayyan, head of Saudi Arabia’s economic cooperation affairs with China, governor of Saudi Arabia’s Public Investment Fund and chairman of Saudi Aramco’s board of directors. The two sides had an in-depth exchange of views on China-Saudi Arabia trade and economic cooperation.

Wang Wentao noted, under the strategic guidance of President Xi Jinping and Saudi Arabian leaders, China-Saudi Arabia relations have witnessed significant progress. The Chinese side regards Saudi Arabia as an important partner to achieve Chinese modernization. China is willing to strengthen the alignment of development strategies with the Saudi Arabian side, strengthen trade and investment exchanges, deepen cooperation in infrastructure, energy resources, green development and digital economy among traditional, emerging and future sectors, and work together to promote high-quality development of the Belt and Road cooperation. Saudi Arabia’s Public Investment Fund, Saudi Aramco and other Saudi Arabian companies are welcome to continue expanding their business in China and share the development dividends of China.

Al-Rumayyan stated that the Saudi Arabian side attaches great importance to its relationship with China. Saudi Arabia supports the joint construction of the Belt and Road Initiative and welcomes Chinese businesses to participate actively in the construction of Saudi Arabia's Vision 2030. Saudi Arabia’s Public Investment Fund and Saudi Aramco are willing to expand their investments in China.

(All information published on this website is authentic in Chinese. English is provided for reference only.)