What's going on?, Middle East Face to Face | Two heavyweight Saudi ministers visit China in succession | Minister | Face to Face

Release time:Apr 14, 2024 02:03 AM

Saudi Minister of Communications and Information Technology Abdullah Swah officially began his visit to China on July 2, with destinations including Beijing, Shenzhen, and the Hong Kong Special Administrative Region. According to released reports, Swaha will meet with several senior Chinese officials and business leaders in the field of information technology and digital economy innovation.

Prior to this, Saudi Minister of Economy and Planning, Faisal Ibrahim, had just led a delegation to attend the Summer Davos Forum held in Tianjin. According to Saudi media, this delegation is one of the highest level delegations in the history of Saudi Arabia's participation in the Davos Forum.

Faisal Ibrahim participates in the 2023 Summer Davos Forum

Why are two heavyweight Saudi ministers visiting China one after another?

What's going on?, Middle East Face to Face | Two heavyweight Saudi ministers visit China in succession | Minister | Face to Face

Why are they?

Saudi Arabia is the only Arab country in the G20, and is not only one of the fastest-growing major economies in the world in 2022, but also the largest economy in the Middle East. These two ministers are not only important members of the Saudi cabinet, but also very familiar with Chinese affairs.

Abdullah Swah participates in exchange activities in Hong Kong, China

Swaha previously stated in an interview with CCTV reporters that the relationship between Saudi Arabia and China is currently in the "best period in history", with close cooperation between the two countries in fields such as communication, information technology, artificial intelligence, and big data. Ibrahim has worked for many years at the Saudi National Economic and Development Commission and has visited China several times. During his participation in the Summer Davos Forum, he pointed out that Saudi Arabia is exploring more opportunities for cooperation with China in areas such as infrastructure, logistics, and manufacturing. The two countries also have great potential to jointly address the many problems that plague humanity, such as the food crisis and desertification.

What are the highlights of the visits of the two ministers?

In 2016, Saudi Arabia launched the "2030 Vision" economic and social reform plan, which includes three pillars - building a core country in the Arab and Islamic world, a global investment powerhouse, and a world hub connecting Asia, Europe, and Africa. The core lies in infrastructure construction, the development of cultural tourism and entertainment industries, and the transformation and upgrading of energy structure. Ibrahim's Ministry of Economy and Planning is an important part of formulating overall strategies, and the development plan since the reform and opening up is an important experience for China to achieve rapid development and maintain policy stability.

The development of the communication and information technology fields that Swaha is responsible for cannot be separated from cooperation with China. The most eye-catching aspects of the 2030 Vision are the New Future City, which covers an area of over 26500 square kilometers along the Red Sea coast, and the Linear City, which is 500 meters high, 200 meters wide, 170 kilometers long, and surrounded by mirrored glass on its exterior walls. This region focuses on developing clean energy, smart cities, artificial intelligence, and the Internet of Things, while also hoping to connect it with other regions of Saudi Arabia and multiple countries on the Arabian Peninsula through the railway network. Many enterprises from China have deeply participated in the infrastructure construction of the "New Future City", and these enterprises have mastered the world's leading railway electrification technology, 5G technology, biotechnology, big data, and artificial intelligence development, which are indispensable resources for the diversified development of Saudi Arabia's economy.

The "New Future City" is regarded by Saudi Arabia as a "millennium plan"

The relationship between China and Saudi Arabia is far more than that

In fact, since December 2022, the interaction between China and Saudi Arabia has been far more than just two visits. After the "Three Rings Summit" between the leaders of China, Arab countries, China, and Saudi Arabia, with China's mediation, Saudi Arabia and Iran shook hands and made peace in Beijing, ending the diplomatic crisis since 2016. The news immediately attracted global attention.

Not only that, the Saudi cabinet approved a memorandum of understanding in March this year regarding Saudi Arabia becoming a dialogue partner of the Shanghai Cooperation Organization, and the Saudi Ministry of Finance is also in talks with the BRICS New Development Bank to join. It is also expected that there will be positive progress in the cooperation between Saudi Arabia and China regarding the use of RMB for oil trade in the near future.

In the energy sector, the "ballast stone" of China Saudi cooperation, Saudi Aramco first cooperated with Chinese enterprises to invest 12.2 billion US dollars in the construction of a refining and chemical complex in Liaoning. It also signed a memorandum of cooperation with Guangdong Province to cooperate in multiple fields such as energy, finance, science and technology innovation, and talent exchange. It also acquired 10% of the shares of a Chinese private petrochemical enterprise for 3.6 billion US dollars and signed a 20-year contract to supply 480000 barrels of crude oil to the enterprise daily.

Saudi Aramco signs a strategic investment agreement with a well-known Chinese petrochemical enterprise

In the past June, the Saudi Ministry of Investment and the China Council for the Promotion of International Trade successfully held the 10th Entrepreneurship Conference of the China Arab Cooperation Forum in Riyadh, the capital of Saudi Arabia. During the conference, 30 investment agreements worth 10 billion US dollars were signed, covering various fields such as renewable energy, agriculture, real estate, minerals, supply chain, tourism, and healthcare.

The 10th Entrepreneurship Conference of the China Arab Cooperation Forum was held in Riyadh, Saudi Arabia from June 11th to 12th

Returning to the question at the beginning of the article, Saudi Arabian Energy Minister Abdul Aziz bin Salman seems to have provided us with an answer. In his keynote speech at the China Arab Entrepreneurship Conference, he told over 3000 spectators that Saudi Arabia will not pay attention to the Western suspicion of the increasingly close relationship between Saudi Arabia and China. Abdul Aziz emphasized that Saudi Arabia hopes to cooperate with China rather than compete, "because wherever there is an opportunity, we will go wherever", and China is where the opportunity lies.

Producer | Muli

Producer | Li Chao

Reporter | Li Chao

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

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

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

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

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. 【

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