The Deputy Crown Prince and the Chinese Vice Premier signed an agreement on forming a high-level Saudi-Chinese joint committee and the minutes of the Committee's first session. Following that, a number of agreements and memoranda of understanding between the governments of the Kingdom of Saudi Arabia and the People's Republic of China were signed as follows: - Signing of a memorandum of understanding in energy sector. - Signing of a Memorandum of Understanding in the field of oil storage. - Signing of an agreement of Understanding to impose development loan to help finance the project of reconstruction of the areas affected by earthquakes. - Signing of an agreement on the development loan to help finance the project of construction of a number of buildings for the financial professional engineering college. - Signing of the executive program for the development of the Information Silk Road. - Signing of an agreement on a memorandum of understanding for cooperation in the field of housing. - Signing of a memorandum of understanding for cooperation in the field of mining. - Signing of a memorandum of understanding for cooperation between the Chinese Ministry of Commerce and Saudi Fund for Development. - Signing of a memorandum of understanding for cooperation in the field of water resources. - Signing of a timetable on a program of cooperation between the Chinese State Administration of Quality Supervision, Testing and Quarantine, and the Ministry of Commerce and Investment of the Kingdom of Saudi Arabia. - Signing of an executive program on a cultural cooperation agreement. - Signing of a program between the Standardization Administration of China and Saudi Standards, Metrology and Quality Organization. - Signing of an agreement on a memorandum of understanding between the Chinese Ministry of Science and Technology and King Abdulaziz City for Science and Technology for cooperation in the field of science and technology. - Signing of a memorandum of cooperation in the field of translation and publication of literary and classical works. - Signing of a memorandum of understanding on the construction of a new city's project in Al-Asfar suburb. --SPA 13:26 LOCAL TIME 10:26 GMT www.spa.gov.sa/w
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