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Deputy Minister of Investment on Chinese Firms in Saudi Arabia
Assistant Minister of Investment Ibrahim al-Mubarak delivered a speech on behalf of the Minister of Investment at the China International Investment and Trade Fair 2026, reaffirming the growing investment ties between Saudi Arabia and China and emphasizing that they have become a strategic partnership spanning multiple sectors. He clarified that the bilateral trade volume between the two countries approached $115 billion in 2025, with Chinese investments in Saudi Arabia totaling 40 billion riyals, an increase of 27%. Approximately 1,900 Chinese companies are operating in the Kingdom. Al-Mubarak called on Chinese investors to invest with Saudi Arabia and not just within it, focusing on building new industries, expanding supply chains, and leveraging economic zones that offer competitive advantages. He also highlighted that the relationship extends beyond economic interests to include cultural connections, noting that the Chinese language is being introduced in some Saudi schools to promote sustainable cooperation and joint innovation.
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