China willing to strengthen trade with Saudi, commerce minister says

News conference on economy on the sidelines of NPC in Beijing

Chinese Commerce Minister Wang Wentao attends a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China March 6, 2024. REUTERS/Tingshu Wang/File Photo

Source: REUTERS

China said it is willing to strengthen implementing development strategies with Saudi Arabia, and intensify trade and investment exchanges, its commerce minister said in a statement on Friday.

Commerce Minister Wang Wentao held talks on Thursday with the head of affairs on Saudi Arabia's economic cooperation with China, who is also the president of the Saudi sovereign wealth fund Public Investment Fund and chairman of Saudi Aramco.

Wang said China is ready to deepen cooperation in infrastructure, energy resources, green development, digital economy, and welcomed Saudi companies such as its sovereign wealth funds and Aramco to continue to "take root" in China.

RECOMMENDED FOR YOU

Explosions at Taiwan waste site injure 15, damage dozens of homes

This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters