Home> Latest>SASAC News

Zhang Yuzhuo Meets with Saudi Arabia’s Minister of Communications and Information Technology

Updated: July 07, 2023

微信图片_20230707142305_副本3.jpg

Zhang Yuzhuo, Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), meets with H.E. Abdullah Alswaha, Minister of Communications and Information Technology of Saudi Arabia, in Beijing on July 5. [Photo/sasac.gov.cn]

Zhang Yuzhuo, Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), met with H.E. Abdullah Alswaha, Minister of Communications and Information Technology of Saudi Arabia, in Beijing on July 5. 

Zhang warmly welcomed Alswaha on his visit. He said that in recent years, the relationship between China and Saudi Arabia has entered its historically best period under the care and guidance of President Xi Jinping and Saudi Arabian King Salman bin Abdulaziz Al Saud, as well as Crown Prince and Prime Minister Mohammed bin Salman, bringing new broad prospects for Chinese central state-owned enterprises (SOEs) investing in and cooperating with Saudi Arabia.

Currently, the volume of trade and investment and construction projects of Chinese central SOEs in Saudi Arabia is witnessing rapid growth, demonstrating constant cooperation outcomes, said Zhang. He expressed his hope that both sides will jointly implement the important consensus reached by the two heads of state, adding that the SASAC will actively support Chinese central SOEs in deepening pragmatic cooperation with Saudi Arabian enterprises in the fields of new-generation information technologies, cloud computing and big data system under the frameworks of the Belt and Road Initiative and the “Vision 2030”, and in enhancing the integrated innovation capabilities of enterprises with international operation from both sides in a bid to jointly promote the well-being of the two peoples. 

Alswaha praised the achievements of Chinese central SOEs in participating in Saudi Arabia’s digital economy and information technology industry. He said that Saudi Arabia has attached great importance to the cooperation with Chinese central SOEs in the field of technology and communications and that he hopes both sides will further deepen cooperation in such fields as the digital economy, artificial intelligence and smart solution, and jointly expand third-party markets to promote high-quality development and achieve mutual benefits and win-win results. 

Heads of China Telecom, China Unicom, China Mobile and China Electronics Corporation attended the meeting and briefd on their respective cooperation with Saudi Arabian enterprises. The Saudi Arabian Ambassador to China and other senior officials of Saudi Arabia’s Ministry of Communications and Information Technology and SASAC also participated in the meeting. 

Gou Ping, Vice Chairman of the SASAC, met with Saleh Khabti, Deputy Minister of Saudi Arabia Ministry of Investment, on July 4. 



(Executive editor: Hao Wen)