Chinese President Xi Jinping reaffirmed that his country will continue to unwaveringly support the security of the Gulf countries and will continue to import oil in large quantities from the Gulf countries.
As he said in his speech at the opening of the China Gulf Summit in Riyadh, “We appreciate Saudi Arabia’s efforts to host the first China Gulf Summit.”
“The Gulf Cooperation Council has managed to overcome global challenges,” he said, noting that the Gulf countries and China can achieve economic and industrial integration.
Chinese President: Gulf Cooperation Council successfully overcomes global challenges
#Arab pic.twitter.com/cycCtw38Ly– Arabic (@AlArabiya) December 9, 2022
The Chinese President reaffirmed that his country has been in touch with the Gulf Cooperation Council since its inception, pointing out that his country should strengthen our economic partnership, seek integration and promote development.
“We welcome the participation of the Gulf countries in the global security initiative,” he said, adding: “We are working together to achieve the principle of non-intervention in the affairs of other countries.”
He also added: “We must strengthen our economic partnership, seek integration and further development.”
In his speech, the Chinese President mentioned the establishment of an investment council in his country with the countries of the Persian Gulf, as well as the establishment of the Center for Nuclear Security of China and the Persian Gulf.
He also stressed that Beijing will expand cooperation with the Gulf countries in the area of investment in clean energy.
He explained that China’s efforts are being coordinated with the Gulf countries to activate the payment system in local currencies.
Chinese President: We must strengthen our economic partnership, seek integration and promote development #Riyadh _ Peaks
#Arab pic.twitter.com/EEUHDG9ecT– Arabic (@AlArabiya) December 9, 2022
It is noteworthy that Chinese President Xi Jinping arrived in Saudi Arabia on Wednesday for an official visit that will last 3 days, during which he will hold bilateral meetings and take part in 3 summits:
This is a Saudi-Chinese summit chaired by King Salman bin Abdulaziz and the President of China, with the participation of Crown Prince Mohammed bin Salman.
And the summit of the Gulf countries and China with the participation of the leaders of the Gulf Cooperation Council.
And the Arab-Chinese summit with the participation of the leaders of the Cooperation Council of the countries of the Persian Gulf and the Arab countries.
The three summits are discussing the strengthening of relations in all areas.