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China Eyes Closer Ties with Saudi Biz Amid Investment Push 🌏💼

Saudi Firms Urged to ‘Go Big’ in China

Chinese Premier Li Qiang rolled out the red carpet for Saudi businesses this week, calling for deeper collaboration during a high-profile meeting in Beijing. 🔥 The session included reps from Saudi giants like oil titan Saudi Aramco and investment powerhouse PIF.

Beyond Oil: Tech & Green Economy in Focus

While traditional sectors like energy and infrastructure remain key, Li emphasized future-ready partnerships: ‘Let’s turbocharge cooperation in AI, clean energy, and digital innovation!’ 🚀 This aligns with China’s push to become a global tech leader while hitting carbon neutrality goals.

‘No Limits’ Market Access Promised

Li vowed to slash barriers for foreign investors, including:

  • Full foreign ownership in manufacturing 🏭
  • Faster opening of telecom services 📶
  • Enhanced legal protections for IP and operations ⚖️

The move comes as China seeks fresh investments amid economic headwinds.

Cultural Bridge-Building

Beyond business, Li asked Saudi companies to help strengthen people-to-people ties between the nations—a nod to 2024’s China-Arab States Cooperation Forum anniversary. 🇨🇳🤝🇸🇦

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