{"id":41566,"date":"2023-05-30T15:39:15","date_gmt":"2023-05-30T12:39:15","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=41566"},"modified":"2026-03-28T03:23:05","modified_gmt":"2026-03-28T00:23:05","slug":"riyadh-prepares-to-host-the-10th-edition-of-arab-china-business-conference","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/riyadh-prepares-to-host-the-10th-edition-of-arab-china-business-conference\/","title":{"rendered":"Riyadh\u00a0prepares to\u00a0host the\u00a010th\u00a0Edition of Arab-China Business Conference"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Hosted by Saudi Arabia\u2019s Ministry of Investment and the Ministry of Foreign Affairs, the forum aims to strengthen trade relations between China and the Arab world.<br><\/li>\n\n\n\n<li>This year\u2019s conference is anticipated to be the largest Arab-Chinese business event, with more than 2,000 attendees.<br><\/li>\n\n\n\n<li>High-level government and private sector speakers from two dozen countries will explore mutually beneficial investment opportunities across key economic sectors.<br><\/li>\n\n\n\n<li>Trade between Arab nations and China saw a 31% increase from 2021 to 2022, totaling over US$430bn.&nbsp;<br><br><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh,&nbsp;May&nbsp;30, 2023:<\/strong>&nbsp;Saudi Arabia\u2019s&nbsp;Ministry of Investment and Ministry of Foreign Affairs are preparing to host the 10th&nbsp;Arab-China Business Conference and the 8th&nbsp;Investment Symposium from June 11-12&nbsp;in Riyadh.&nbsp;This year\u2019s conference is anticipated to be the largest of its kind,&nbsp;with more than 2,000 attendees.&nbsp;<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the theme &#8220;Collaborating for Prosperity,&#8221; the two-day&nbsp;forum will see participation by&nbsp;senior&nbsp;government&nbsp;representatives and global business leaders&nbsp;from a dozen countries, and will explore&nbsp;the next frontiers of trade&nbsp;and investment cooperation&nbsp;between Saudi Arabia, the People&#8217;s Republic of China and the Arab region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Held in partnership with the General Secretariat of the League of Arab States, the Chinese Council for the Promotion of International Trade&nbsp;and&nbsp;the Union of Arab Chambers of Commerce,&nbsp;the conference will enable attendees to foster mutually beneficial business opportunities through&nbsp;plenary sessions, bilateral meetings, sector deep dives and panel discussions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reflecting on the significance of the event,&nbsp;His Excellency Khalid Al-Falih,&nbsp;Minister of Investment of Saudi Arabia,&nbsp;stated:&nbsp;&#8220;Trade and cultural ties between Arab countries and the People&#8217;s Republic of China extend over 2,000 years, but have deepened significantly given the complementary nature of our economies in sectors critical to the global economy. The Arab-China Business Conference will enable&nbsp;public and private sector&nbsp;participants to discuss the future of these collaborations.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"292\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342-1024x292.webp\" alt=\"moi logi_ssict_1200_342\" class=\"wp-image-41568\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342-1024x292.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342-300x86.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342-768x219.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342-1080x308.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/05\/moi-logi_ssict_1200_342.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cChina&#8217;s strategic direction aligns with the Kingdom&#8217;s Vision 2030. In recognition of the importance of leveraging each region\u2019s strengths, we look forward to&nbsp;the&nbsp;conference&nbsp;providing&nbsp;a forum to explore&nbsp;mutually beneficial&nbsp;opportunities.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This year\u2019s conference will examine several sectors key to the Arab-China trade and investment relationship&nbsp;including construction, logistics, financing, manufacturing, mining, minerals and petrochemicals.&nbsp;<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The event will also explore&nbsp;emerging&nbsp;areas of shared interest such as tourism, entrepreneurship, e-sports and Saudi Arabia\u2019s recently launched Special Economic Zones (SEZs),&nbsp;which aim to welcome FDI in&nbsp;nascent and mature&nbsp;industries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trade in 2022 between the Arab countries and China&nbsp;reached&nbsp;SAR1.6trn&nbsp;(US$430bn),&nbsp;a&nbsp;31%&nbsp;increase over 2021. Relations&nbsp;are set to further accelerate as a result of the Arab-China Business Conference, with several memoranda of understanding and agreements expected to be signed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saudi Arabia is&nbsp;the leading trade partner with China among Arab countries, constituting nearly 25% of the total volume of trade.&nbsp;Trade between the&nbsp;countries&nbsp;totaled around SAR400bn&nbsp;(US$106 billion), a&nbsp;30% increase over 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh,&nbsp;May&nbsp;30, 2023:&nbsp;Saudi Arabia\u2019s&nbsp;Ministry of Investment and Ministry of Foreign Affairs are preparing to host the 10th&nbsp;Arab-China Business Conference and the 8th&nbsp;Investment Symposium from June 11-12&nbsp;in Riyadh.&nbsp;This year\u2019s conference is anticipated to be the largest of its kind,&nbsp;with more than 2,000 attendees.&nbsp; Under the theme &#8220;Collaborating for Prosperity,&#8221; the two-day&nbsp;forum will see participation by&nbsp;senior&nbsp;government&nbsp;representatives and global [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":41567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-41566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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