🌍 Saudi Arabia's green ambitions are reaching new heights! Finance Minister Mohammed Al-Jadaan has revealed that the kingdom is eager to learn from and boost cooperation with the Chinese mainland in the green industry. 🍃
\"China is leading the whole world in the green industry and renewable energy,\" Al-Jadaan remarked at the 8th Future Investment Initiative conference. \"There are a lot of technologies, cars, batteries, and robotics that the world is trying to follow.\" 🚗🔋🤖
He emphasized the importance of a more collaborative approach between Saudi Arabia and China, describing their partnership as \"strategic\" and \"very important.\" 🤝 Not only is China the kingdom's largest trading partner, but their relationship extends into technology, broader economic ties, and even cultural exchange! 🎎
Al-Jadaan fondly recalled his visit to China in May, expressing awe at the \"first-hand developments\" and \"significant achievements\" within the Chinese economy. 🌟 During his trip, fruitful discussions led to bilateral agreements in financial services and other sectors, paving the way for exciting collaborations ahead. 📄✍️
The minister highlighted the upcoming Saudi-China Year of Culture in 2025 as \"a significant sign\" of deepening ties. \"It's not only government-to-government, but people-to-people,\" he said, emphasizing the cultural bridges being built between the two nations. 🎶🎨
Drawing parallels between China's high-quality development philosophy and Saudi Arabia's Vision 2030, Al-Jadaan noted that both are long-term initiatives with strong governmental support. \"China is the envy of the world for its commitment, execution capability, and long-term vision,\" he remarked. 🚀
Addressing recent Western reports suggesting that China's economy has peaked, Al-Jadaan dismissed these claims. \"China has been the very bright spot in the world economy, and the world recognizes this,\" he asserted. Despite global challenges, he highlighted China's impressive growth rate of 4.8 percent. 📈
He praised the Chinese government's \"serious support\" for its economy, pointing to recent stimulus packages, especially in the financial sector, as evidence of a responsive and proactive government. 💪
In light of escalating global conflicts, Al-Jadaan expressed satisfaction with Saudi Arabia's collaboration with China to promote calm and de-escalation. He emphasized that this cooperation benefits not just their own nations but also the global community. ☮️🌐
Looking ahead, Al-Jadaan believes that alongside international institutions like the International Monetary Fund and the World Bank, and under frameworks such as the Group of 20, Saudi Arabia and China can jointly address challenges faced by the Global South, particularly for low-income and emerging economies. 🌎💡
\"We have very clear and common grounds on making sure that we do what is right for our people, for our economies, but also for the rest of the world to make sure that we have stability and growth,\" he concluded. 🤲✨
Reference(s):
Saudi Arabia seeks closer green ties with China, finance minister says
cgtn.com
