China and Saudi Arabia
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China and Saudi Arabia
Saudi Arabia’s bilateral relations with China have in recent years grown exponentially across all spheres of development. The Kingdom and China have penned down a multitude of deals in sectors including; energy, finance, infrastructure, security, and industrialization. Saudi Arabia under the leadership of Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud created a blueprint for posterity dubbed vision 2030 upon which economic pillars and economic goals are outlined. Accordingly, Chinese investment in Saudi Arabia has been aligned to achieve Saudi’s vision 2030. Saudi’s Vision 2030 launched by the Saudi Arabian Government on 25th April 2016, is anchored with some of the pillars of the Saudi Vision 2030 such as global investment and global trade connection hub. China's trade with Saudi Arabia has many advantages, where China continually relies of the Kingdom for investment opportunities as well a gateway to the world because of its strategic geographical location.
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