Saudi Arabia set to host major China business conference as ties grow
The kingdom wants to diversify its economic partnerships and values China with regards to energy and geopolitics, according to one expert.
Saudi Arabia and China will participate in a business conference in Riyadh this month, expected to draw major businesses and investment firms, as the kingdom continues to pursue stronger economic, energy and political ties with the People's Republic and despite concerns from Washington.
Background: The 10th Arab-China Business Conference will run from June 11-12 in Riyadh. The conference will feature networking events as well as panels and discussions. Topics include China’s Belt and Road infrastructure initiative, renewable energy, pharmaceuticals, startups, esports, tourism and food security, according to the conference’s website.
The speakers will be from several Chinese and Saudi entities, including the Hong Kong Stock Exchange, the Chinese energy firm Envision Group, Saudi Arabia’s INC Robotics and Saudia Aerospace Engineering Industries. Businesspeople from Jordan, the United Arab Emirates and other countries in the region will also participate.
Organizers are expecting more than 2,000 attendees, according to a press release.
