Hong Kong Chief Executive Lee Jia Charusia Time Sunday (February 5) launched a visit to Saudi Arabia. During the period, Hong Kong and Saudi companies exchanged multiple letter of intent.Li Jiachao said that Hong Kong and Saudi Arabia will start negotiations for promotion and protection of investment agreements to increase bilateral investment flow.

According to the official website of the Hong Kong Chief Executive Office, Li Jiachao met with Saudi Arabian Investment Minister Khalid Al-Falih on the morning of the 5th to exchanges more closely on the establishment of economic and trade relations on both sides.

Li Jiachao said in the meeting that Hong Kong and Saudi Arabia have always maintained a close bilateral trade relationship. I hope that through this visit, I hope to create contact with local circles and strengthen different from the country's economic, trade, investment, and culture.Field cooperation.

After that, Li Jiachao met with Turqi A Al-Nowaiser, vice chairman of the Saudi Arabian Public Investment Fund.Li Jiachao has recently opened a new offices in Hong Kong, proved that Saudi Arabia's confidence and interest in Hong Kong, mainland China and neighboring markets.

Li Jiachao pointed out that Hong Kong's geographical location is superior, with unique advantages under the "one country, two systems", and has a world -class infrastructure and rich professional talents.Saudi Arabia's funds and investment can have unlimited opportunities in Hong Kong, including finance, innovation, infrastructure construction, high -quality development, and cultural and artistic art. In addition, Hong Kong is a bridge to enter the mainland market.One is to create a huge space for investment development.

Li Jiachao visited the "The Line Experience" exhibition on the afternoon of the 5th to learn about the innovative design of the future city of the Saudi Arabian Public Investment Fund.

NEOM is a smart city built in northwestern Saudi Arabia, promoting innovation in business, livable and sustainable development in the future.

Li Jiachao said that as an international financial center, Hong Kong can play a key role in providing funds from NEOM.

Li Jiachao attended the Saudi Arabia and Hong Kong Investment Forum and the Spring Festival dinner on the evening of the 5th.The event was organized by the Hong Kong Economic and Trade Office and the Hong Kong Trade Development Bureau. More than 300 representatives of local government departments and business leaders participated.

Li Jiachao announced at the forum that after several rounds of effective discussions and the meeting with Saudi Arabia, both Hong Kong and Saudi Arabia will start the formal negotiations of promoting and protecting the investment agreement.The investment agreement and its negotiations will send positive information to the business community between the two places, which will help strengthen the confidence of investors and increase bilateral investment flow.

During the forum, Li Jiachao and Saudi Arabic Investment Minister Falia witnessed the exchanges between Hong Kong and Saudi Arabia companies or institutions to exchange six cooperation memorandum or cooperation intention to cover finance, innovation technology, business, transportation, energy, energywait.

The Lijia Super Ayutta Time (February 6) will continue to visit the Liadi visits, and then go to the Arab Emirates one to visit Abu Dhabi.