Chinese firms expect more Saudi opportunities
Against the backdrop, companies like eWTP Arabia Capital have received inquiries from hundreds of Chinese companies wanting to enter the Saudi Arabian market.
Against the backdrop, companies like eWTP Arabia Capital have received inquiries from hundreds of Chinese companies wanting to enter the Saudi Arabian market.
President Xi's landmark visit has ushered in a new era for a shared community
The two sides agreed to host summits between their heads of state on a biennial basis.
King Salman signed a “comprehensive strategic partnership agreement” with Xi, who received a lavish welcome in a country.
Saudi Arabia restored its relationship with Thailand this year after 32 years of coldness.
The China-Arab States Summit is the first opportunity for face-to-face communication between leaders since the outbreak of the pandemic.
According to the agreement, the Saudi experiment will focus on studying the effects of cosmic rays on the performance of high-efficiency solar cells.
Growing Chinese influence in the Middle East has unnerved the US, for which the Asian giant is an economic rival.
It was reported that the Saudi delegation showed interest in digital innovations, medical tourism, electric vehicles, among others.
This agreement will see enhanced cooperation between the two countries in capacity building, skills development and exchange of visits of security personnel.