Saudi Aramco reviews new business opportunities with China at Development in China Forum 2017

  • 2/5/2023
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Dhahran, Saudi Arabia, Jumada II 20, 1438, Mar 19, 2017, SPA -- Senior Executive President of Saudi Aramco Eng. Ameen Hasan Al-Nasser confirmed during his participation today at China at "Development in China Forum 2017", ongoing in Beijing, that enhancing the firm historic ties between the Kingdom of Saudi Arabia and China could reach its heighs through a big package of new commercial and economic business opportunities comprising cooperation in the field of energy, knowledge and technology transfer and innovation-based environment-friendly industries. Al-Nasser highlighted China's three basic economic strategies of "openness on the world", "belt and naval silk road" and "made in China 2025" as coinciding and matching with Saudi Arabia's vision 2030. He also cast light on three areas of cooperation between the two countries. He said the first one is to improve the mutual investment flows between the two countries, the second one to continue working to increase extracting hydrogen from oil and coal and the third is to transfer non-firing oil usage outcome into a diversified package of new materials. --SPA 19:40 LOCAL TIME 16:40 GMT www.spa.gov.sa/w357062

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