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Deputy Minister: 1,900 Chinese Firms in Saudi Arabia
Assistant Secretary of Investment Ibrahim Al-Mubarak delivered a speech on behalf of the Minister of Investment at the 2026 China International Investment and Trade Expo, highlighting the growing investment relations between Saudi Arabia and China and their shared vision to strengthen the partnership. He confirmed that the trade exchange between the two countries reached approximately $115 billion in 2025, and Chinese investments in the Kingdom increased by 27% to reach 40 billion SAR, with 1,900 Chinese companies operating in Saudi Arabia, including 43 with regional headquarters. He emphasized the importance of expanding cooperation in sectors such as industry, energy, technology, and logistics, encouraging investment with the Kingdom through the development of new industries and diversified supply chains, focusing on enhancing national capabilities, as well as localizing technology and opening broader markets. Additionally, he highlighted the cultural relations, including the introduction of Chinese language education in Saudi schools.
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