KSA participates in the Forum «road belt» in the presence of 110 countries

Swiss President Doris Leuthard meets Chinese President Xi Jinping ahead of the Belt and Road Forum in Beijing, China May 13, 2017. REUTERS/Jason Lee

< Represents the Minister of energy and industry and mineral wealth engineer Khalid Al-Falih, Saudi Arabia in Forum «road belt» for international cooperation in Beijing today (Sunday) in 110 participating State by 1200 visitors of whom 29 head of State.
He said economic and commercial Counselor of the Embassy of the People’s Republic of China Liu Cheng CHOW in Riyadh to Al Hayat on the sidelines of preparations for participation in the Forum «road belt» held today and tomorrow, that reconstructs historical Silk Road 2000 years ago, as well as the Maritime Silk Road in the 21st century.
The Saudis usually visit kwanghzo cities, Shanghai, Beijing, Saudi Arabian Airlines provides four flights a week to China nine hours away from Saudi Arabia by plane, indicating that 140 Chinese companies currently working in port projects, roads, railways, Metro, especially in JAZAN where 7000 people out of 40, 000 Chinese working in the Kingdom.
The 200 Saudi company operating in China, including SABIC and Saudi Aramco, the two factories and refineries in China, as well as the Saudi company has specialized in textile mills and weaving manufacture ghutra.
He explained that the Forum would work to increase trade, Saudi Arabia is the biggest oil exporter to China in the years 2000 to 2015, but Russia occupied the stage last year, while the Kingdom was able to hold onto this lead back in the first three months of this year.
The Saudis invited to visit China exhibition which shows in the city kwanghzo away from Beijing, two and a half hours by plane, noting that Saudi youth seeking opportunities leveraging exposed, especially that China provide translators and consulting and explaining the opportunities and shipping facilities, offering every possible service to help the Saudis. Said: «that the Chinese media including China Central television, China News Agency and the economic daily newspaper, found in Saudi Arabia and Saudi News, continuing coverage to follow Chinese people».
Bilateral trade amounted to us $42.36 billion in 2016, and record annual growth rate average 36 percent, since the establishment of diplomatic relationship in 1990. Saudi imports of machines and vehicles and contribute to work with Saudi Telecom companies, adding to its conclusion an agreement with Saudi Arabia to monitor the quality of goods, stating that any Chinese company produces inferior goods included on a blacklist and barred from export. While the last year been listed 100 companies on the blacklist. The Forum aims to promote policy coherence and the Saudi Vision 2030, by reducing oil dependence, diversification of national income, in addition to attracting foreign investment, giving more Chinese companies investing in Saudi Arabia, especially in the areas of energy, petrochemicals, building materials and communications. Said: «we are currently participating in Yanbu refinery project in oil refinery in cooperation with Saudi Aramco worth $9 billion, noting that the Forum aims to interconnect infrastructure, especially after China managed to launch a train between London and China, as well as Spain reduced the period to 20 days a month allowance, and speed delivery of their products.
The Chinese Bank of industry and commerce in Saudi Arabia last year aimed at handling of funds last year, providing $3 billion worth of loans, ADB was inaugurated as infrastructure investment last year, Saudi Arabia is a founding member of this bank. He pointed out that visiting custodian Salman bin Abdulaziz airport two months ago, China had a follow up of all segments of Chinese society, and an agreement was signed between the two Governments, 14, both sides work to implement it. He explained that the visit of Chinese President XI Jinping last year to Saudi Arabia also yielded a 15, include a memorandum of understanding for industrial cooperation between the People’s Republic of China’s Ministry of Commerce, Ministry of Commerce and industry in Saudi Arabia. He stressed that economic relations between the two peoples strengthened policy when I visited Crown Prince Mohamed Bin Salman is in China to attend the Summit, during the visit of Saudi-China Joint Committee created at high level, adding that China, which has a population of 1.4 billion people of whom 24 million Muslims comprising several provinces, including Hong Jung and Macau have enjoyed autonomy and follow officially to China.
The Arabic language is the second most difficult language after Chinese, many Chinese who are fluent in Arabic to Arabic language exists in many Chinese universities, the presence of Saudis speak Chinese certainly enriches the bridges of cooperation between the two countries.