China Arab Entrepreneurs Conference Witnessing New Achievements in Cooperation | Saudi Arabia | Achievements

Release time:Apr 13, 2024 21:50 PM

From June 11th to 12th, the 10th Entrepreneurship Conference and 8th Investment Seminar of the China Arab Cooperation Forum were held in Riyadh, the capital of Saudi Arabia, with over 3000 representatives from more than 20 countries and regions attending. This conference is jointly organized by the Ministry of Investment of Saudi Arabia, the China Council for the Promotion of International Trade, the Secretariat of the League of Arab States, the League of Arab Chambers of Commerce, and other units, with the theme of "China Arab Cooperation, Creating Prosperity Together". At the meeting, Chinese and Arab business leaders engaged in exchanges and discussions on topics such as trade, finance, infrastructure, energy, and green industries, discussing friendship and cooperation together.

At the opening ceremony of this conference, Chen Jian'an, Vice President of the China Council for the Promotion of International Trade, stated that China Arab cooperation has ushered in a new era of trade and economic development. The "the Belt and Road" initiative initially focused on infrastructure construction, renewable energy, aviation, communications and other fields. Now it introduces the contents of the digital silk road and the green silk road, expanding its coverage. The Green Silk Road emphasizes the importance of environmental sustainability, green development and ecological cooperation, aiming to address environmental challenges, promote clean energy development, protect biodiversity, and promote the sustainable development of countries along the "the Belt and Road". The Digital Silk Road focuses on utilizing digital, information and communication technologies, telecommunications infrastructure, and e-commerce platforms to promote connectivity, economic growth, and digital cooperation among participating countries.

Saudi Investment Minister Ali Farih said that the "the Belt and Road" initiative is in line with the objectives of Saudi Arabia's national transport and logistics strategy. This strategy aims to position Saudi Arabia as a global logistics center connecting the three continents, improve transportation services, and support Saudi Arabia's 2030 vision. Saudi Arabia will coordinate with the Chinese government and enterprises to integrate the construction of large-scale projects and increase consumer demand in Arab countries, ensuring that China occupies a significant share in the market. He also stated that Saudi Arabia can become China's gateway to the Arab world.

Saudi Foreign Minister Faisal, on behalf of Crown Prince Mohammed bin Salman, said that Saudi Arabia and China still have great potential in economic and trade relations. There is a synergy between Saudi Arabia's "Vision 2030" and China's "the Belt and Road" initiative. A modern "Silk Road" will be opened between China and Arab countries, which is in line with Saudi Arabia's future vision of seeking economic diversification and using modern technology to improve the skills of young people.

On the first day of the meeting, China and Arab countries signed more than 30 cooperation agreements, with a total scale of about 10 billion US dollars, covering multiple fields such as technology, renewable energy, agriculture, real estate, minerals, supply chain, tourism, and healthcare. The largest agreement among them is a memorandum of understanding worth 5.6 billion US dollars signed between the Saudi Ministry of Investment and Chinese electric vehicle manufacturer, Chinese Express, aimed at establishing a joint venture engaged in automotive research and development, manufacturing, and sales. In addition, multiple government departments and enterprises in fields such as technology, industry, minerals, and railways in Saudi Arabia have signed cooperation agreements with Chinese companies.

The person in charge of Saudi Arabia's Agilan Brothers Holding Company stated that the company has decided to jointly invest with Chinese companies to establish a joint venture. Both sides will fully leverage their long-term accumulated commercial strength and resources in the regional tourism market, jointly promote the implementation of Saudi Arabia's "2030 Vision" in the post pandemic era, and strengthen the contribution of the tourism industry to Saudi Arabia's economic development.

Saudi Energy Minister Abdulaziz bin Salman said in a speech during the event, "I wouldn't be surprised to hear more statements about Saudi China investment in the near future." He stated that Saudi Arabia is seeking cooperation with the world's second-largest economy rather than competition.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【