The Chinese market continues to unleash growth potential and momentum - Interview with Agilan, Vice Chairman of Saudi Arabia's Agilan Brothers Holding Group, Agilan Opportunities | China | Saudi Arabia's Agilan
Riyadh, July 17th (Xinhua) - Interview: The Chinese market continues to unleash growth potential and momentum - Interview with Agilan, Vice Chairman of Saudi Arabia's Agilan Brothers Holding Group
Xinhua News Agency reporter Hu Guan
Mohammad Al Agilan, Chairman of the Saudi Arabian Business Council and Vice Chairman of the Saudi Arabian Agilan Brothers Holding Group, recently stated in an interview with Xinhua News Agency that the Chinese market is full of opportunities, continuously unleashing strong growth potential, and integrating with global economic development.
Agilan believes that China's economic growth is driven by multiple factors, including exports and domestic demand, demographic dividends, and full adaptation to trade globalization. Under the influence of multiple factors, China has become an irreplaceable part of the international supply chain.
Agilan highly appreciates China's opening-up policy. He pointed out that the development of China's economy is closely related to the development of the world economy, and maintaining a high level of "bringing in" and "going out" provides strong impetus for China's economic development.
Agilan said that China has launched practical measures to promote high-level opening-up and further deepen international cooperation. After decades of development, the Chinese economy has shifted from a stage of high-speed growth to a stage of high-quality development, indicating China's thinking and planning for long-term development.
Agilan pointed out that the strong competitiveness and leading position of Chinese enterprises in fields such as 5G, new energy, and artificial intelligence 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.
Since the beginning of this year, international institutions such as the United Nations, the International Monetary Fund, and the World Bank have raised their expectations for China's economic growth in 2023. Agilan pointed out that this fully reflects the international community's confidence in the prospects of China's economic development. "As China's economic vitality and potential are further unleashed, China will continue to inject momentum into the global economic recovery."
Agilan Brothers Holding Group is one of the largest private enterprises in Saudi Arabia in China, with over 20 years of investment and operation in China.
Agilan said, "We are optimistic about the prospects for high-quality development of the Chinese economy. The development that the Chinese economy has achieved in recent years is evident to all. China actively creates a stable, fair and transparent business environment, and the world fully feels China's determination to continuously expand its opening-up. As a Saudi Arabian enterprise, our confidence in the long-term improvement of China's economic fundamentals will not change."