In an exclusive interview with CGTN, Stephen Groff, governor of Saudi Arabia’s National Development Fund (NDF), emphasized the enduring importance of China in driving the global economy.
“China has played an important role in global economic growth, as well as global trade,” Groff said. He added that looking ahead, China will continue to be a critical engine for growth, innovation, and market stability.
As the world economy navigates challenges from shifting supply chains, rising demand for clean energy, and evolving digital markets, Groff highlighted key themes:
- Strategic Partnerships: Collaboration between the NDF and Chinese institutions is set to expand, targeting sectors from renewable energy to infrastructure.
- Trade Connectivity: China’s role as a hub in global trade networks supports market access and resilience for countries around the world.
- Innovation and Technology: Digital finance, fintech, and research partnerships are driving new avenues for growth and cross-border investment.
Groff noted that by deepening ties with China, the NDF aims to foster sustainable development, diversify portfolios, and contribute to broader economic stability. “Our shared goals include net-zero transitions, infrastructure modernization, and unlocking new growth corridors across Asia, the Middle East, and beyond,” he said.
For young investors and decision-makers, Groff’s insights underline the importance of looking beyond short-term volatility and focusing on long-term partnerships. With China remaining central to global value chains, aspiring entrepreneurs and digital nomads can benefit from emerging opportunities in markets shaped by this enduring cooperation.
As 2025 draws to a close, the conversation around China’s global role continues to evolve, reminding stakeholders that collaboration and innovation will be key to navigating the economic landscape of the coming decade.
Reference(s):
Saudi NDF: China will continue to be critical in global economy
cgtn.com
