CMMC participated in the "China-Saudi Investment Cooperation Forum"
On February 22nd, as part of this year’s state visit to China by Saudi crown prince Mohammed bin Salman, the "China-Saudi Investment Cooperation Forum" was held in Beijing. The forum was jointly organized by the China International Cooperation Center of NDRC and Saudi Arabian General Investment Authority. Liu Ming, general manager of CMMC, and He Yujun, chairman of CMETC led the team to participate in the forum.
In the forum, as the leader of China and Saudi Arabian “One Belt, One Road”, major investment cooperation project and energy cooperation mechanism, Ning Jizhen, deputy director of the National Development and Reform Commission of China, director of the National Bureau of Statistics, Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia, Dr. Majid Al Qasabi, Minister of Commerce and Investment,conduct a dialogue on the cooperation foundation, effective path and support guarantee of the connection between the “One Belt and One Road” of China and “2030 Vision” of Saudi Arabia.They pointed out the direction and defined the key points for the high-level investment cooperation in the new era between China and Saudi Arabia. The representatives of the industrial and commercial circles of China and Saudi Arabia conducted policy announcements and project docking in 10 key areas such as petrochemicals, electronic information, digital economy, smart city, cultural tourism, education and medical care.
At the forum, companies and institutions of China and Saudi Arabian signed 35 cooperation agreements. Dr. Majid Al Qasabi, Minister of Commerce and Investment, issued investment licenses to four Chinese companies, China Huayang Investment Holdings Co., Ltd. included. As the special representative of China Huayang Investment Holdings Co., Ltd., Liu Ming received the investment license.