Saudi Foreign Minister Prince Faisal bin Farhan confirmed that the Kingdom ranked first in the ranking of Chinese foreign investment in the first third of 2022.
Bin Farhan added, during a meeting of the Political and Foreign Affairs Committee of the Chinese-Saudi Joint Committee, that Chinese President Xi Jinping will visit Saudi Arabia soon, explaining that three Chinese-Saudi, Chinese-Gulf and Chinese-Arab summits will be held.
For his part, Saudi Energy Minister Prince Abdulaziz bin Salman praised the continuous annual growth in the trade relationship between his country and China, and said during a joint Saudi-Chinese meeting via video link, "China has become the first destination for the Kingdom's petroleum exports."
The Saudi Energy Minister's statements came during a meeting of a committee for the "Belt and Road, Major Investments and Energy" initiative, which is under the high-level Saudi-Chinese joint committee.