Saudi Finance Minister Leads Delegation For Key Meetings In Beijing With Chinese Officials

The Minister of Finance, Mohammed Aljadaan, is leading the Kingdom of Saudi Arabia's delegation at the Saudi-Chinese meetings scheduled for May 20-21, 2024, in Beijing, People's Republic of China. The delegation includes Vice Minister of Finance Abdulmuhsen Alkhalaf and officials from several key Saudi institutions.

The Saudi delegation comprises representatives from the Ministry of Finance, the National Center for Privatization (NCP), the Saudi Central Bank (SAMA), the Saudi Capital Market Authority (CMA), the Zakat, Tax and Customs Authority (ZATCA), the National Development Fund (NDF), the Saudi Fund for Development (SFD), and the National Infrastructure Fund.

Minister Aljadaan and Chinese Minister of Finance Lan Fo'an will co-chair the third meeting of the Financial Sub-Committee for the High-level Chinese-Saudi Joint Committee. Additionally, Minister Aljadaan will participate in a roundtable organized by the Saudi National Center for Privatization in cooperation with the Industrial and Commercial Bank of China.

Vice Minister Alkhalaf and Chinese Vice Minister of Finance Liao Min will co-chair another roundtable hosted by the Chinese Ministry of Finance. This event is organized by China Development Bank (CDB) and China Investment Corporation (CIC).

Focus on Economic Cooperation

Minister Aljadaan is also set to meet with various Chinese ministers, officials, and investors. Discussions will cover recent economic and financial developments, mutual interests, and investment opportunities in Saudi Arabia under Saudi Vision 2030.

Strengthening Bilateral Relations

These meetings are part of ongoing efforts to enhance cooperation and strengthen relations between Saudi Arabia and China across various sectors. The aim is to promote global economic growth through collaborative initiatives.

--SPA 19:41 Local Time 16:41 GMT 0032

With inputs from SPA