Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha conducted today in Beijing two separate meetings. The first meeting was with the Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) of China, Zhang Yuzhuo, while the second meeting was with the CEO of Meituan, Wang Xing.
During the meeting with Zhang Yuzhuo, Al-Swaha discussed investment opportunities and the potential for joint ventures between the Kingdom and SASAC. They also explored the possibility of attracting regional headquarters of leading technology companies.
In the meeting with Meituan CEO, the focus was on e-commerce opportunities and potential joint investments in high technology and self-driving vehicles. They also discussed the potential expansion of Meituan’s businesses in the Middle East and North Africa (MENA) region through the Kingdom.
These meetings are part of the Saudi delegation’s visit to the People’s Republic of China, with a specific emphasis on the digital economy, space, and innovation. The purpose of these visits is to enhance partnerships between the two friendly countries.
Source: Saudi Press Agency
