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Staff talk on the Yanbu Aramco Sinopec Refining Firm (YASREF) in Yanbu, Saudi Arabia, Nov. 27, 2022. (Xinhua/Wang Haizhou)
Apart from the power and mining industries, the minister stated Saudi Arabia additionally boasts a novel geographical location and full infrastructure with start-up companies thriving, which may make it an essential hub for China’s funding and commerce within the Center East and North Africa.
RIYADH, Dec. 10 (Xinhua) — The deep synergy between the Belt and Highway Initiative and Saudi Arabia’s Imaginative and prescient 2030 will convey superior science, expertise and concepts to the nation, and enhance its financial and social improvement, stated Saudi Minister of Business and Mineral Sources Bandar Alkhorayef.
In a latest interview with Xinhua, the Saudi minister highlighted the excessive complementarity between the 2 international locations within the fields of economic system and commerce, saying that whereas China stands on the forefront of world innovation and high-tech improvement, Saudi Arabia is endowed with plentiful mineral assets.
The minister famous that the mining business performs a pivotal position within the kingdom’s Imaginative and prescient 2030 as a result of mineral useful resource improvement and exploitation, in addition to the manufacturing, processing, and export of semi-finished merchandise, are crucial steps for the dominion to reduce its reliance on oil and gasoline assets and diversify its economic system.
Talking extremely of the “spectacular” performances of Chinese language corporations, he stated they’ve wealthy expertise within the space and hoped “the Chinese language aspect can go the expertise on to the Saudi younger women and men in order that they may lead our surveying tasks sooner or later.”
Furthermore, Alkhorayef expressed his confidence within the broad prospects of bilateral cooperation.
Apart from the power and mining industries, the minister stated Saudi Arabia additionally boasts a novel geographical location and full infrastructure with start-up companies thriving, which may make it an essential hub for China’s funding and commerce within the Center East and North Africa.
He known as on China to participate in constructing Saudi Arabia’s railways, ports and expressways.
The minister additionally urged the 2 sides to increase their partnership in people-to-people exchanges, equivalent to language educating and vocational coaching.
Folks go to a photograph exhibition showcasing the pleasant exchanges and cooperation between China and Arab international locations in Riyadh, Saudi Arabia, Dec. 7, 2022. (Xinhua/Wang Dongzhen)
“China is just not solely an essential associate of our kingdom within the financial subject but additionally in lots of different areas,” he stated.
With its stunning pure surroundings, Saudi Arabia units nice retailer on tourism improvement, stated Alkhorayef, including that he welcomes extra Chinese language vacationers as a result of friendship between international locations lies with the folks.
Talking of the primary China-Arab States Summit held in Riyadh on Friday, he stated it should additional advance the China-Arab group with a shared future.
“The Arab international locations are all eager to lift the usual of residing and obtain social and financial improvement for his or her peoples,” stated Alkhorayef, including that the success story of China “provides it nice credit score in transferring its expertise to many international locations.”
The Saudi official additionally praised the World Improvement Initiative put ahead by China, noting that no nation can stand alone and obtain improvement with out assist from others at a time when the world is confronted with many challenges.
For instance, the imaginative and prescient pursued by worldwide communities to guard the atmosphere, develop renewable energies and obtain carbon neutrality can’t be realized with out concerted efforts by all international locations, he added.
The initiative is just not solely targeted on the financial sector but additionally touches on plenty of areas within the social sphere, stated Alkhorayef, including that it’ll additionally promote the restoration of the worldwide economic system, restore the world economic system to the extent earlier than the pandemic, and notice folks’s well-being. ■
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