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Saudi Economic Survey: ‘A Strategic Partnership between Saudi Arabia and China’

January 24th, 2012 by Saudi Economic Survey

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A cooperation program project was also signed between the Diplomatic Studies Institute in the Saudi Ministry of Foreign Affairs and the Chinese Foreign Affairs University. HRH Prince Saud Al-Faisal and the Chinese Minster of Foreign Affairs Yang Gitshi signed this program project. Also a memo of understanding was signed between Saudi Basic Industries Co and Chinese Sinopec with a view to establish a factory for the production of poly carbonate in Tiangin. HRH Prince Saud bin Abdullah bin Thinaian the president of the Royal Commission of Jubail & Yanbu and chairman of Sabic for the Saudi side and Mr. Futching Yu the chairman of Saibonic for the Chinese side.

The executive program for the cultural expense between the two governments for the years from 2012 to 2017 was also signed by Dr Yusef bin Ahmed AlEthaimeen Minister of Social Affairs and deputy Minister of Culture and Information and for the Chinese side Minister of Foreign Affairs Mr. Gitshi.

Also a cooperation agreement for the peaceful use of nuclear power is signed between the government of the Kingdom of Saudi Arabia and the Peoples’ Republic of China. Dr. Hashim bin Abdullah Yamani President of King Abdullah City for Nuclear and Renewable energy for the Saudi side and for the Chinese side Mr. Tchang Ping president of National Commission for Development and Reform.

The two parties signed a work program between King AbdulAziz Public Library and Beijing University. It is signed for the Saudi side by Mr. Faisal bin AbdulRahman bin Muamer the General Superintendent of King AbdulAziz Public Library and for the Chinese side Lee Yanson the President of Beijing University. During the ceremony the signatories exchanged signed copies of the agreements and cooperation programs.

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