Saudi Arabia and China to develop joint industries
The Kingdom of Saudi Arabia emphasizes the strengthening of investment relations with China, calling on Chinese companies to participate in building the industries of the future and developing the Kingdom’s economy within the framework of Saudi Vision 2030. Over the past decade, the Kingdom has experienced significant growth in its economy and foreign direct investments, with the number of foreign companies and female workers doubling, and a positive impact on several emerging sectors such as tourism, mining, and technology. The upcoming phase focuses on attracting high-quality investments and transforming investment into a main driver of economic growth, with an emphasis on increasing productivity, localization of technology, and opening new markets.
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