Summits in Riyadh reflect Kingdom’s desire to enhance relations with China
Three summits due to take place in Riyadh in the coming days reflect the shared determination of the Kingdom, the other Gulf Cooperation Council nations and the wider Arab world to strengthen cooperation and enhance strategic relations with China in pursuit of greater growth and prosperity for all of the countries and their peoples, according to Saudi Foreign Minister Prince Faisal bin Farhan.
“The relations between the Kingdom and China are strategic and close in light of the international developments and changes taking place,” he said.
He added that the bilateral relationship is characterized by friendship, mutual trust, cooperation and continuous coordination, the Saudi Press Agency reported.
His comments came as Chinese President Xi Jinping arrived in Riyadh on Wednesday evening for a three-day official visit, during which he is expected to attend a Saudi-Chinese summit, the Gulf-China Summit for Cooperation and Development, and the Riyadh Arab-China Summit for Cooperation and Development.
Prince Faisal praised the contribution made by a high-level Saudi-Chinese joint committee to the development of relations between the two countries in many fields. He said the bilateral economic relationship is progressing rapidly against the backdrop of the Kingdom’s Vision 2030 development and diversification plan and China’s Belt and Road Initiative, which offer promising opportunities for cooperation, sustainable development and mutual benefits.
He added that China has ranked as the Kingdom’s top trading partner since 2018, and that the value of bilateral trade in 2021 was SR309 billion ($82.1 billion), an increase of 39 percent compared with the previous year.