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Public Investment Fund Targets Chinese Partnerships

Public Investment Fund Targets Chinese Partnerships

The Governor of the Saudi Public Investment Fund, Yasir Al-Rumayyan, met with Zhang Qingxiong, Chairman of the Chinese investment company CIC, in Riyadh. They discussed strengthening bilateral relations in investment sectors and praised the existing cooperation between the two sides. Additionally, Al-Rumayyan also met with Hou Qijong, Chairman of Sinopac, in Beijing to explore ways to develop collaboration between Saudi and Chinese companies. This comes as part of efforts to enhance financial and investment cooperation between the two countries, following their meetings with Chinese market officials in September, during which opportunities for collaboration in financial markets and investment were reviewed.

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