As Chinese President Xi Jinping visited Saudi Arabia Arabia, Chinese President Xi Jinping visited Saudi Arabia Arabia.Chinese and Saudi companies have signed a energy investment agreement for green hydrogen and solar energy.
According to Bloomberg News on Thursday (December 8), the Saudi News Agency reported that the energy investment agreement reached by the two countries was announced, but no more details were announced.According to reports, the two countries have signed a total of 34 investment agreements, including information technology, cloud services, transportation, logistics, medical industries, housing and construction and other fields.
Saudi Arabia is the largest oil exporter in the world and China is its largest customer. This makes the Snapdage relations the key to the crude oil market, but both countries are seeking to gradually realize the diversification of energy structure.
Saudi Arabia has begun to build a large green hydrogen facility in the construction of the New Future City (NEOM) under construction.Saudi Investment Minister Khalid Al-Falih said Saudi Arabia enjoys a strategic geographical location connecting the three continents and overlooks some of the most important water channels and energy resources.
Xi Jinping attended the first China -Arab National Summit at the Saudi Capital Riyadh on Friday, and on the occasion of the Saudi Arabia, the China -Gulf Arab National Cooperation Commission Summit was published in Saudi Arabia.Create a beautiful future signature article.He wrote that China will take this interview as an opportunity to strengthen comprehensive strategic partnership with Saudi Arabia, jointly advocate independence and work together to oppose external interference.
