China's Xi visiting Saudi Arabia for three days amid bid to boost economy

In this file photo, Saudi Arabia's then-deputy Crown Prince Mohammed bin Salman (L) greets Chinese President Xi Jinping (R) during a meeting at the Diaoyutai State Guesthouse in Beijing on August 31, 2016. (Photo courtesy: AFP/File)
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Updated 07 December 2022
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China's Xi visiting Saudi Arabia for three days amid bid to boost economy

  • China's economic growth has been on a decline and was dealt a major blow by rolling lockdowns due to COVID-19
  • Xi will attend the inaugural China-Arab States Summit and a meeting with leaders of the Gulf Cooperation Council

BEIJING: Chinese leader Xi Jinping is attending a pair of regional summits in Saudi Arabia this week amid efforts to kick-start economic growth weighed down by strict anti-COVID-19 measures.

The Foreign Ministry said Wednesday that Xi will attend the inaugural China-Arab States Summit and a meeting with leaders of the six nations that make up the Gulf Cooperation Council in the Saudi capital of Riyadh. His state visit to Saudi Arabia will end on Saturday.

China is the world’s second largest economy and a major source of outward investment. To fuel massive demand, it imports half its oil, of which half of those imports come from Saudi Arabia, amounting to tens of billions of dollars annually.

China's economic growth had been on a steady decline for years and was dealt a major blow by rolling lockdowns imposed across the country as a response to the COVID-19 pandemic.

Chinese economic growth rebounded to 3.9% over a year earlier in the three months ending in September, up from the first half of the year's 2.2%, but still well short of the government target.

China’s COVID-19 infection numbers are lower than those of the United States and other major countries. But the ruling party is sticking to “zero-COVID,” which calls for isolating every case, while other governments are relaxing travel and other controls and trying to live with the virus.

China's ruling Communist Party shares many of the authoritarian tendencies of Saudi Arabia and other Gulf states, shielding Beijing from criticism over its harsh policies toward Uyghurs and other Muslim minorities. More than a million have been sent to detention centers where they report being forced to denounce Islam and swear fealty to Xi and the party.

Beijing denies the charges, saying they have been providing job training and ridding Muslims of extremist, separatist and terroristic tendencies.

The trip to Saudi Arabia marks a further move by Xi to restore his global profile after spending most of the pandemic inside China. Xi was granted a third five-year term in October, but street protests against “zero-COVID” policies last month saw the most significant public challenge to his rule and may have prompted a relaxation of some measures.


Curtain rises on Qiddiya studios in boost for Kingdom's film industry 

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Curtain rises on Qiddiya studios in boost for Kingdom's film industry 

  • The studios feature two high-spec, purpose-built soundstages, flexible workshops, and fully integrated production facilities designed for large-scale international and regional productions

JEDDAH: Qiddiya Investment Co. has announced the opening of PlayMaker Studios in Qiddiya City, marking the launch of Saudi Arabia’s latest film production hub. 

The opening is a milestone for the Kingdom’s rapidly growing film and creative industries, adding strategically to the production infrastructure available in the country. 

The studios feature two high-spec, purpose-built soundstages, flexible workshops, and fully integrated production facilities designed for large-scale international and regional productions. 

Modern production offices and on-site support amenities are also available, providing a seamless, end-to-end production environment, the Saudi Press Agency reported on Saturday. 

With strong demand for studio space, construction has begun on two additional world-class soundstages, scheduled for completion in 2026, which will expand PlayMaker Studios’ capacity and allow it to host multiple major productions simultaneously. 

The company has established a dedicated on-the-ground team to support producers with permitting, logistics, and operations. 

PlayMaker Studios also offers streamlined access to Saudi Arabia’s 40 percent production cash rebate, one of the world’s most competitive incentives, the SPA added. 

As part of its long-term strategy, the studio will introduce dedicated post-production, visual effects, volumetric, and music facilities, further strengthening the Kingdom’s creative and production ecosystem. 

The complex is set to become both a creative powerhouse and a central pillar of Qiddiya City’s entertainment offering. 

Abdullah Aldawood, managing director of Qiddiya Investment Co., said: “PlayMaker Studios is a cornerstone of Qiddiya City’s ambition and builds on Saudi Arabia’s growing success in the creative industries. 

"It strengthens this momentum and advances our vision to create a world-class destination where innovation, culture, and entertainment converge, and where the global film industry can find a new home in the Kingdom.” 

Located at the heart of Qiddiya City — the world’s first destination where culture, sport, and creativity converge — PlayMaker Studios sits just 40 minutes from Riyadh, offering producers integrated logistics, premium accommodation for production teams, and direct access to a dynamic entertainment environment designed to inspire world-class content creation.