H.E. Minister of Commerce and Industry, Dr. Tawfiq Bin Fawzan Al Rabiah has met in his office today, Monday 25/05/1436 AH, the Chinese Commerce Minister, Mr. Quaoho Cheng and the accompanying delegation, who heads the Chinese side in the Saudi-Chinese Joint Committee, currently holding meetings in Riyadh.
During the meeting, they discussed the trade and industrial relations between the two friendly countries and means of their development and how to take advantage of the available opportunities and benefits, and to promote trade and industrial cooperation by encouraging the private sector in both countries to establish commercial and industrial joint ventures.
It is worth mentioning that the trade exchange between the two countries amounted to SR (267.4) billion riyals. The value of exports amounted to SR 189 billion riyals, while the imports value reached SR (78.4) billion riyals.