Chinese Premier Li Qiang has committed to enhancing trade and investment ties with Saudi Arabia across various sectors, including traditional energy, infrastructure, new energy, technology, and the digital economy.
During his visit to Riyadh, Li met with Crown Prince Mohammed bin Salman, marking his first trip to the Middle East as premier. Li is also scheduled to visit the United Arab Emirates.
According to the official People’s Daily newspaper, Li stated that China and Saudi Arabia should broaden their bilateral trade, deepen cooperation in traditional sectors like oil, gas, and petrochemicals, and expand into areas such as new energy, digital economy, and green economy. He emphasized the importance of collaborating to stabilize the global industrial supply chain.
The crown prince supported Li’s vision for economic collaboration, noting that Riyadh and Beijing share similar positions and responsibilities on regional and international matters. He expressed Riyadh’s willingness to work with Beijing on global security.
The meeting was also attended by Wang Wentao, the Minister of Commerce, and Jin Zhuanglong, the Minister of Industry and Information Technology, as reported by the Saudi Press Agency.