KSA: China’s president to meet Saudi and Arab leaders – Gulf Digital News

KSA: China’s president to meet Saudi and Arab leaders – Gulf Digital News

Chinese President Xi Jinping is set to arrive in Saudi Arabia today for a three-day visit during which he will meet Saudi and Arab leaders.

Three summits will take place during his trip: the Saudi-Chinese Summit, the Riyadh Gulf-China Summit for Co-operation and Development, and the Riyadh Arab-China Summit for Co-operation and Development.

Participants will include more than 30 leaders and officials from the two countries and international organisations, highlighting the importance of the gatherings and their high regional and international profile, the Saudi Press Agency reported.

The Chinese president’s visit reflects the desire of the leaderships of Saudi Arabia and China to strengthen bilateral relationship, enhance their strategic partnership and realise the political and economic potential it offers to serve their common interests, the SPA added.

More than 20 initial agreements between the two countries, worth more than 110 billion riyals ($29.3bn), will be signed during the visit, along with a strategic partnership deal, and a plan to harmonise the implementation of Saudi Arabia’s Vision 2030 development and diversification project with China’s Belt and Road Initiative.

Saudi Arabia aims to build a strong strategic partnership with China to support trade and investment. The kingdom was the biggest recipient of Chinese investment in the