Friends of the Service Trade Fair | Saudi exhibitors: The Service Trade Fair is a high-level open window for China
The 2023 China International Trade in Services Fair will enter its the fourth day. The scale of participating companies in this year's Service Trade Fair has expanded, with more than 2400 companies participating offline, and more than 500 Fortune Global 500 and industry leading enterprises. Among them, many exhibitors come from countries along the "the Belt and Road".
Today, in "Friends of the Fair for Trade in Services," we will meet a company from Saudi Arabia that has invested and operated in China for over 20 years. It hopes to introduce advanced technologies and innovative services in fields such as artificial intelligence, medical technology, and logistics to the Saudi Arabian and Middle East North African markets. The Fair will become an important platform for them to meet new partners.
Mohammad Al Agilan, Vice Chairman of Saudi Arabia's Agilan Brothers Holding Group: Last year was our first time participating in the Fair for Trade in Services, and we will continue to participate this year. The Service Trade Fair platform is very important as it allows us to communicate with Chinese partners and meet many potential partners who hope to expand into the Middle East, especially the Saudi Arabian market. Our positioning is to assist Chinese companies as gateway companies to enter Saudi Arabia, the Middle East, and North Africa.
The Fair for Trade in Services is a high-level opening window for China
As a Saudi Arabian company that has participated in the Service Trade Fair for two consecutive years, Agilan Group has expanded its booth area to 140 square meters this year. Mohammad Al Ajiran pointed out that the strong competitiveness and leading position of Chinese enterprises in fields such as 5G, new energy, artificial intelligence, and logistics are evident to all. Technological achievements driven by innovation not only improve the living standards of our own people, but also bring opportunities for cooperation with other countries, helping countries around the world to achieve common prosperity and progress.
Mohammad Al Ajiran, Vice Chairman of Saudi Aramco Brothers Holding Group: We have a lot of successful cooperation experience with Chinese companies. Taking the logistics industry as an example, we started our cooperation with Chinese logistics companies starting from Saudi Arabia and have now set our sights on the strategic development plan for the Central and Northeast Africa region.
Mohammad Al Ajiran highly praised China's investment environment, believing that the Fair for Trade in Services is a window and vivid epitome of China's high-level opening up.
Mohammad Al Agilan, Vice Chairman of Saudi Arabia's Agilan Brothers Holding Group: China is a highly attractive country for investment and a country that supports and encourages foreign investment. Since we came into contact with China in the late 1990s, it has been undergoing earth shaking changes, which I can truly see and touch. China is still a very suitable country for investing in real estate. China's production efficiency, quality, supporting industries, government support, and skilled labor force are all advantages.
Assist in the coordinated development of the "the Belt and Road" and "Vision 2030"
In recent years, Saudi Arabia has been continuously promoting economic transformation to reduce its dependence on oil. In 2016, the Saudi government proposed the "2030 Vision" aimed at achieving economic diversification. Muhammad Agilan believes that Saudi Arabia's "Vision 2030" and the joint construction of the "the Belt and Road" are worth in-depth docking in many aspects and have broad development opportunities.
Mohammed Al Agilan, Vice Chairman of Saudi Arabia Agiland Brothers Holding Group: I think the "the Belt and Road" initiative and the "Vision 2030" can be deeply linked in many aspects, and the goals pursued are very consistent in many aspects. Nowadays, in many fields, China has the ability to introduce its professional technology and experience to Saudi Arabia, and Chinese companies will also benefit from investing in Saudi Arabia.