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The Matchup of the Belt and Road with the Vision 2030 - ICC and National Public Credit Information Center Delegation Successfully Visits Saudi Arabia

Time:2019-08-01
 

From 30 of June to 3 of July, the delegation composed by relevant personnel from ICC and National Public Credit Information Center paid a visit to Saudi Arabia. The delegation met with Vice Minister of Energy, Industry and Mining, Director General of the Investment Bureau of Saudi Arabia, H.E. Chinese Ambassador to Saudi Arabia Chen Weiqing and etc. and exchanged views regarding the implementation of the outputs from the 2rd Belt and Road Forum for international Cooperation and the production capacity and investment cooperation mechanism between China and Saudi Arabia.


On 30 of June, the delegation met with Vice Minister of Energy, Industry and Mining of Saudi Arabia, Chinaman of the National Industrial Cluster Program, President of the Industrial Development and Logistics Program and etc. and had discussions on the promotion of the matchup of the Belt and Road initiative with Vision 2030 and the implementation of the production capacity cooperation projects. The Saudi Arabia side said that the country has been dedicated itself to promoting the industrial development through diversified projects in fields including energy, mining and transportation, and the matchup of the development plans of both countries had brought great opportunities to the bilateral investment cooperation. It was hoped that pragmatic cooperation mechanisms could be further developed to enhance communication and boost the level and efficiency of the cooperation between the Ministry of Energy, Industry and Mining and NDRC, the local governments and the Chinese companies. The Chinese side pointed out that under the guidance of leaders of both countries the comprehensive strategic partnership relation between China and Saudi Arabia is at the best of its time. It has provided unprecedented opportunities for the deepening of the cooperation. The Chinese side hoped that in the future both sides would continue to enhance the matchup of the development plans of each other and strive for more outputs from the pragmatic cooperation.


On 1 of July, the delegation held talks with Director General of the Investment Bureau of Saudi Arabia and exchanged views on boosting the level of the China-Saudi Arabia Investment Cooperation Forum, the joint promotion of the progress of cooperation projects and etc. The Director General said that the Bureau would set up office in Beijing and provide specific services to the investment projects of China and Saudi Arabia. At the meeting both sides also had discussions on the establishment of the social credit system, the strengthening of the credit cooperation between companies of both countries and etc. they have reached consensus on the setup of pragmatic working mechanisms, the organization of the next China-Saudi Arabia Investment Cooperation Forum and the enhancement of credit cooperation as well as the sharing of policy and project information. After the meeting the delegation paid a visit to the Saudi Arabia Investment Service Center.


On the 2 of July, the delegation had discussions with the Chairman of the Al Jubail and Yenbo Royal Committee and had talks on the establishment of new cooperation platforms for the companies of both countries, the development of the Jazan Industrial Park and etc. both sides reached consensus on the development of pragmatic working mechanism, the matchup of cooperation projects, the development of the China-Saudi Arabia Industrial Cooperation Park and etc.


During the visit, the delegation also paid a visit to the Chinese Embassy to Saudi Arabia and held working meeting with the Ambassador on the promotion of the production capacity and investment cooperation between China and Saudi Arabia. The delegation visited the Huawei Innovation Experience Center as well. 




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