[China Saudi Arabia Business Roundtable held in Riyadh]The China Saudi Arabia Enterprise Roundtable, co hosted by the China Council for the Promotion of International Trade and the Saudi Arabian Ministry of Investment, was successfully held on October 29th in Riyadh, the capital of Saudi Arabia. More than 150 representatives from the business communities of the two countries attended.
The Chinese representative pointed out that under the guidance of the the Belt and Road Initiative, China Saudi Arabia economic and trade cooperation has yielded fruitful results, with bilateral trade volume exceeding 100 billion US dollars for two consecutive years. The China Council for the Promotion of International Trade is willing to work together with Saudi Arabia to continuously build a high-quality cooperation platform. While consolidating cooperation in traditional fields such as petrochemicals and infrastructure construction, it actively expands cooperation in high-tech fields such as new energy vehicles, digital economy, and artificial intelligence, and promotes the continuous deepening of the comprehensive strategic partnership between China and Saudi Arabia.
The Saudi representative stated that the strength, scale, and long-term vision possessed by Chinese enterprises are highly in line with the needs of Saudi Arabia's economic transformation. The synergy between Saudi Arabia's 2030 vision and the the Belt and Road Initiative will create unprecedented development opportunities for cross regional cooperation and investment.
Representatives of the participating enterprises carried out practical exchanges around new energy, communications, infrastructure, investment, industrial chain supply chain cooperation and other topics, and carried out in-depth discussions on deepening the strategic docking between the the Belt and Road and Saudi Arabia's 2030 vision to achieve mutual benefit and win-win results. Editor/Yang Beihua
As a landmark project undertaken by a state-owned energy enterprise to relocate non capital functions in Beijing, Xiong'an Science and Technology Innovation Park has officially started construction. This project focuses on building a new energy system, aiming to create an innovative highland that integrates technology research and development, achievement transformation, and industrial incubation. The project will deeply integrate various clean energy sources such as geothermal and photovoltaic, create a nearly zero carbon demonstration park, and plan to introduce national innovation platforms and high-end talents, focusing on cutting-edge fields such as smart energy and hydrogen energy. This move is not only an important measure for central enterprises to serve the construction of Xiong'an New Area and implement the "dual carbon" goals, but also a powerful push for the high-end, intelligent, and green development of the energy industry in the new area, injecting strong impetus into the creation of a world-class green and smart new city.Editor/Bian Wenjun
The groundbreaking ceremony for the Kaiping International Wealth Plaza project, with a total investment of 180 million yuan, officially kicked off the construction. This project is undertaken by China Construction Third Engineering Bureau and is one of the key projects promoting the "High Quality Development Project of Hundred Counties, Thousand Towns, and Ten Thousand Villages" in Kaiping City. The project is located in Sanbu Street, Kaiping City, with a total construction area of approximately 32000 square meters. It will build a 15 story hotel and a 7-story office building, as well as a commercial podium. After completion, it will integrate accommodation, business, catering, and entertainment, becoming another important urban commercial complex and new landmark in Kaiping City. The commencement of this project will not only effectively enhance the quality of urban functions and meet the diverse consumption needs of citizens, but also provide a large number of job opportunities for the local area, injecting new vitality into the high-quality development of the economy in Kaiping city.Editor/Bian Wenjun