In a significant move towards strengthening bilateral ties, Saudi Arabia's Minister of Industry and Mineral Resources, Bandar AlKhorayef, recently visited Guangzhou city in southern China. During his visit, Minister AlKhorayef engaged in an exclusive interview with CGTN's Lincoln Humphries, shedding light on the burgeoning opportunities and existing challenges in China-Saudi Arabia cooperation.
The discussions highlighted four key areas poised for collaboration: upgrading the automotive industry, developing mineral resources, fostering technological innovation, and advancing sustainable development. By leveraging China's technological expertise and Saudi Arabia's vast mineral wealth, both nations aim to create a synergistic partnership that promotes economic growth and environmental sustainability.
Minister AlKhorayef emphasized the importance of automotive industry upgrading, noting that advancements in electric vehicles and smart technologies are pivotal for the future. He also outlined plans for joint ventures in mineral resource development, ensuring that both countries can maximize the potential of their natural assets.
Technological innovation stood out as a cornerstone of the cooperation, with initiatives geared towards research and development in emerging technologies. Additionally, sustainable development remains a priority, with both nations committed to implementing environmentally friendly practices and renewable energy projects.
As China and Saudi Arabia navigate these collaborative efforts, the partnership is expected to set a benchmark for international cooperation, driving progress and fostering a sustainable future for both nations.
Reference(s):
BizTalk：Decoding new opportunities for China-Saudi Arabia cooperation
cgtn.com
