Saudi and Chinese Officials Boost Economic Cooperation in Beijing
Saudi and Chinese officials met in Beijing to discuss economic growth and cooperation from May 20 to 21, including finance ministers Mohammed Al-Jadaan and Lan Fo’an. They focused on finance, trade, and investment, aligning with Saudi Arabia's Vision 2030. Recently, both countries signed a three-year, $6.93 billion currency swap agreement.
From May 20 to 21, Saudi and Chinese officials met in Beijing to promote global economic growth.
Saudi Arabia was represented by Minister of Finance Mohammed Al-Jadaan, Vice Minister of Finance Abdulmuhsen Al-Khalaf, and other key financial institutions.
Meetings were held with Chinese counterparts, including Minister of Finance Lan Fo’an and Vice Minister Liao Min, focusing on finance, trade, and investment collaboration.
Al-Jadaan highlighted China's role in Saudi Vision 2030 and discussed global market developments with Wu Qing of the China Securities Regulatory Commission.
This visit follows Al-Jadaan's appeal at the Qatar Economic Forum for strategic fiscal policies to prevent economic leakage.
Diplomatic ties between the two nations have been bolstered, evidenced by a recent $6.93 billion currency swap agreement between their central banks.
Saudi Arabia was represented by Minister of Finance Mohammed Al-Jadaan, Vice Minister of Finance Abdulmuhsen Al-Khalaf, and other key financial institutions.
Meetings were held with Chinese counterparts, including Minister of Finance Lan Fo’an and Vice Minister Liao Min, focusing on finance, trade, and investment collaboration.
Al-Jadaan highlighted China's role in Saudi Vision 2030 and discussed global market developments with Wu Qing of the China Securities Regulatory Commission.
This visit follows Al-Jadaan's appeal at the Qatar Economic Forum for strategic fiscal policies to prevent economic leakage.
Diplomatic ties between the two nations have been bolstered, evidenced by a recent $6.93 billion currency swap agreement between their central banks.
Translation:
Translated by AI
