Beijing - SPA
Crown Prince Meets with Vice Premier of State Council of Republic of China and Reviews Saudi-China relations and opportunities for their development

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense met with Han Zheng, Vice-Premier of the State Council of the People's Republic of China, at the Great Hall of the People in Beijing this morning.

During the meeting, the Saudi-Chinese relations and the opportunities for their development between the two friendly countries were reviewed.

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, chaired the Saudi side in the third session of the Saudi Arabia-China High-Level Joint Committee while Vice Premier of State Council of People's Republic of China Han Zheng chaired the Chinese side.

The two sides also discussed cooperation between the two countries and coordination in political and security, trade, investment, energy, culture and technology fields.

His Royal Highness the Crown Prince and Vice-Premier of the People's Republic of China signed the minutes of the third session of the Saudi-Chinese High Joint Committee.



Several agreements, memorandums of understanding, investment projects and bilateral cooperation were signed between Saudi Arabia and the People's Republic of China as the following:

- Agreement on cooperation in maritime transport between the Saudi and Chinese governments signed by Saudi Minister of Commerce and Investment Dr. Majid Al-Qasabi and Chinese Minister of Transportation Li Xiaopeng.

- Memorandum of Understanding between the Ministry of Energy, Industry and Mineral Resources and the National Development and Reform Commission in the People's Republic of China on the priority projects for cooperation in production capacity and investment (Group II), signed by the Saudi the Minister of Energy, Industry and Mineral Resources Khalid Al-Falih, and Chinese Vice Chairman of the National Development and Reform Commission Ning Jizhe.

- A memorandum of understanding between the Saudi Ministry of Commerce and Investment in the Kingdom and the Chinese Ministry of Commerce on the formation of the Trade Facilitation Task Force, signed by Undersecretary of the Ministry of Commerce and Investment Abdulrahman Al Harbi, and Deputy Minister of Commerce Qian Keming.

- Government loan between the Saudi Fund for Development and Chinese Ministry of Finance agreement on the construction and equipping of 3 hospitals in the city of Yanbian, Jilin Province, was signed by Minister of State for Foreign Affairs, Member of the Council of Ministers, Adel Al-Jubeir, and Chinese Vice Minister of Finance Zou Jiayi.

- Government loan between the Saudi Fund for Development and the Chinese Ministry of Finance agreement on the reconstruction and rehabilitation of earthquake-affected areas in Sichuan Province, was signed by Minister of State for Foreign Affairs, Member of the Council of Ministers Adel Al-Jubeir and the Chinese Vice Minister of Finance Zou Jiayi.

- An agreement between the Saudi Ministry of the Interior and the Chinese Ministry of Public Security on cooperation in the fight against cybercrime, signed by Saudi Deputy Minister of Interior Dr. Nasser Al Daoud, and Chinese Vice Minister of Public Security Lin Rui.

-A memorandum of understanding between the Public Investment Fund and the China National Energy Authority on investment in renewable energy signed by Supervisor General of the Public Investment Fund Yasser Al-Ramayana, and the China's Vice Chairman of the National Energy Commission Lee Vane rungs..

-The minutes of the meeting on cooperation in the fight against terrorism between the Saudi Arabian Presidency of State Security and the Chinese Ministry of Public Security, signed by the Saudi Deputy General Director of the General Intelligence General Abdullah Al-Darin and Chinese Vice Minister of Public Security Lin Rue.

-A memorandum of understanding between the Saudi Authority for Intellectual Property (SAIP) and the Chinese The National Intellectual Property Administration (CNIPA) on cooperation in the field of intellectual property rights signed by the CEO of the Saudi Authority for Intellectual Property Dr. Abdul-Aziz Al-Suwailem and the Chairman the Chinese National Intellectual Property Administration Shen Changyu.

-A Memorandum of Understanding (MoU) on participation in investment in a group of renewable energy projects signed by Chairman of the Board Directors of Aqua Power Mohammed Abunyan, and Director General of Silk Road Fund Wang Yanzhi.

-A cooperation agreement for Aramco's acquisition of 9% of the Ji Jiang Petrochemicals Project for the production of Refining and Ethylene and Barilene (PX) products, signed by Saudi Aramco Chairman and CEO Amin Al-Nasser and by the Mayor of Zhoushan City Chung Wei.

-An agreement between Saudi Aramco, North China Industrial Company and Xincheng Investment Company (NORINCO) of Panjin City, Liaoning Province on the establishment of a joint company for the fine chemical and material engineering industry, signed by Saudi Aramco President and CEO Amin Al-Nasser and Liaoning Governor Tang Yijun and Chairman of the Board of Directors of Norai Kaihei Jia.



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