Saudi Arabia Investment Minister Harchid Fayheh said that he signed an investment agreement of about $ 50 billion (S $ 67.7 billion) during the China Summit held last week, but he did not disclose the type of agreementOr the country involved.

According to Bloomberg report, Falihn's Sunday (December 11) revealed a gap in the Saudi capital of Eyad, and these agreements include the private sector and the public sector.He did not specify whether this number also reflected an agreement involving other Arab countries.

It is reported that Saudi Crown Prince Mohammed hosted a meeting with Chinese President Xi Jinping at the summit last week, showing the deepening of the relationship between the Gulf area and Beijing.

Xi Jinping went to Liad from December 7th to 10th to attend the first "China -Arab National Summit", the first "China -Gulf Arab National Cooperation Committee Summit" and conducted state visit to the Saudi State.During the period, he met with nearly 20 Arab countries leaders.

According to the content released by the official website of the Ministry of Foreign Affairs of China, Chinese Foreign Minister Wang Yi described that Xi Jinping's trip since 1949 to the Arab world's "largest and highest specifications" diplomatic actions in the Arab world.The "another round of successful practice" of China's diplomacy.

Wang Yi also said that cooperation between China and Arab countries is not to fill the "power vacuum", but to travel side by side based on common interests.