King Salman’s visit to Beijing will boost relations: Envoy

Li Huaxin
Updated 08 March 2017
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King Salman’s visit to Beijing will boost relations: Envoy

RIYADH: The visit of King Salman to Beijing on March 15 will be a landmark occasion, China’s ambassador in Riyadh, Li Huaxin, told Arab News on Tuesday.
Describing Saudi-Sino relations as going from strength to strength, Li said the visit will further boost those relations. He added that a comprehensive program has been lined up for the visiting king, and will be announced soon when the agenda is mutually agreed.
Chinese President Xi Jinping visited the Kingdom as part of his Middle East tour in January last year, during which the two sides decided to enhance bilateral ties to a comprehensive strategic partnership. Seven months later, Deputy Crown Prince Mohammed bin Salman visited Beijing.
Li said: “The two countries have a similar vision in facing global challenges in the march toward economic, social and political developments.”
In January this year, Saudi Arabia opened a consulate in the Chinese city of Guangzhou with the aim of boosting bilateral relations.
Saudi-Sino trade volume in 2016 was $42.36 billion, including Chinese imports of $23.61 billion from the Kingdom and exports of $18.75 billion. Crude oil imports from the Kingdom were estimated at 51 million tons.
Saudi investments in China in 2016 amounted to $13.45 million, while Chinese investments in the Kingdom during the same period amounted to $120.54 million.
Li said areas of bilateral cooperation could be further diversified under Saudi Vision 2030.
Major Chinese companies and businesses are seeking cooperation with Saudi counterparts, especially in the areas of petrochemicals, natural gas, electricity generation, water desalination, transportation, telecommunications and electronics.
Li said there were 14,500 Chinese Haj pilgrims last year. “We are thankful to the Saudi government for its kind assistance in making their pilgrimage an unqualified success,” he added.


Saudi minister opens global labor market academy

Dr. Abdullah Abuthnain inaugurates the second edition of the Global Labor Market Academy in Riyadh. (Supplied)
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Saudi minister opens global labor market academy

  • The opening sessions, led by World Bank experts, focused on the critical role of social and labor policies in addressing global challenges and enhancing youth employment

RIYADH: Saudi Vice Minister of Human Resources and Social Development for Labor Dr. Abdullah Abuthnain inaugurated the second edition of the Global Labor Market Academy in Riyadh on Friday.

The event, which will run until Jan. 25, features 19 new members, bringing to 50 the total number of countries involved in the initiative, the Saudi Press Agency reported on Friday.

The academy serves as a specialized hub for exchanging expertise on global labor trends and innovative policy solutions, offering participants a year-long academic program focused on capacity building and international employment policy development.

The opening sessions, led by World Bank experts, focused on the critical role of social and labor policies in addressing global challenges and enhancing youth employment.

The initiative aims to expand its reach to more than 75 countries by 2028, solidifying the Kingdom’s role in shaping the future of international labor markets.