From February 25 to 27, the China Council for the Promotion of International Trade organized adelegation of entrepreneurs including Guang Pharmaceutical Group, Meijin (Beijing) HydrogenEnergy Technology Co. Ltd., Chengtong Fund to visit Saudi Arabia, actively promote Sino-Sauditrade exchanges and deepen mutually beneficial and pragmatic cooperation between the twocountries' business circles.

The China Council for the Promotion of International Trade is a national private-trade economicand trade organization composed of representative persons, enterprises and groups in theChinese economic and trade circles. lt was established in May 1952. The purpose of the Chinacouncil for the Promotion of International Trade is to follow the laws of the People's Republic otChina and the policies of the government, carry out activities such as promoting foreign trade.utilizing foreign capital, introducing advanced foreign technologies and various forms of Sino-foreign economic and technological cooperation, promote the development of trade andeconomic relations between China and countries and regions around the world, and enhancethe understanding and friendship between China and the people of the world and the economicand trade circles.

The delegation focused on introducing China's economic situation and the latest measures toexpand opening up to the outside world to Saudi Arabia's political and business circles, activelypromoting the deepening reality of China-Saudi Arabia's joint construction of the Belt and RoadInitiative, further deepening and consolidating the cooperation between the two countriesindustrial and commercial circles in the field of industrial chain and supply chain, and invited thethird Chain Expo to Saudi Arabia.

In the wave of the in-depth development of globalization, China and Saudi Arabia have shown agood trend of huge cooperation potential and broad prospects in many fields with their uniqueresource advantages, industrial foundation and broad market demand. Enterprises andinstitutions of both sides actively seize this rare opportunity and actively carry out businessnegotiations with a high degree of enthusiasm and pragmatism. From in-depth cooperation inthe energy field to joint progress of emerging technology industries, from project docking ininfrastructure construction to innovative exploration of financial services, a number ofcooperation results have been achieved through sincere and fruitful communications. Theseachievements not only bring tangible economic benefits to enterprises on both sides, but alsoeffectively promote the coordinated development of the economies of the two countries, lay asolid foundation for building a closer, mutually beneficial and win-win bilateral cooperationrelationship, and inject new vitality and impetus into the prosperity of the regional and even theglobal economy.

During the visit, Yu Jianlong, Vice President of the China Council for the Promotion ofInternational Trade, led a delegation of Chinese entrepreneurs to visit the Saudi Chamber ofCommerce Federation and Saudi Basic Industrial Company, investigate Saudi Dragon City, BGlSaudi Precision Medicine Laboratory, etc,, and held two exchange activities: China-SaudiEntrepreneurs Symposium and China-Saudi Entrepreneurs Roundtable. Further consolidate andstrengthen the existing economic cooperation projects between China and Saudi Arabia, solvepossible problems in the cooperation process, improve the quality and efficiency of cooperation,and ensure the smooth progress of cooperation projects between the two sides. (This article isfrom Jiandao official website www,seetao.com, reprinting without permission, otherwise it wilbe investigated, Please indicate Jiandao.com + original link for reprinting) Jiandao.com StrategyColumn Editor/Yin Shigian @