Arab Press

بالشعب و للشعب
Friday, Feb 03, 2023

Saudi Arabia and China: Chronicle of a strategic partnership

Saudi Arabia and China: Chronicle of a strategic partnership

China’s President Xi Jinping embarks on an official visit to Saudi Arabia on Wednesday at the invitation of King Salman, during which the leaders of both countries will attend a Saudi-Chinese summit, a Gulf-Chinese summit, and an Arab-Chinese summit for cooperation and development.

Since diplomatic ties were established more than three decades ago, the leaders of both Saudi Arabia and China have worked steadily to develop and enhance the bilateral relationship. Here is a timeline of some of the key developments in the Saudi-Chinese relations.


Former Chinese president Jiang Zemin became the first head of state from the country to visit the Kingdom in 1999.

The two countries established diplomatic ties in 1990.

Nine years later, China’s President Jiang Zemin became the first Chinese head of state to visit the Kingdom. The high point of the 1999 visit was the signing of the Strategic Oil Cooperation agreement.

In 2004 Saudi Arabia and China initiated a series of regular political meetings. Sinopec, the Chinese state-run energy company, signed an agreement to explore for gas in the Kingdom’s Empty Quarter.

Saudi Arabia’s King Fahd welcomed Jiang in 1999.


Two years later, King Abdullah became the first Saudi head of state to visit China officially and sign several major agreements on energy cooperation.

The 2006 visit served as an opportunity to discuss broader issues of economic trade, technical accords and a vocational training agreement, and to finalize an urban-development loan from the Saudi Arabian Development Bank for China’s Xinjiang province.

The same year, China’s President Hu Jintao paid a return visit. He predicted that bilateral relations would “write a new chapter of friendly cooperation between China and Saudi Arabia in the new century.”

Saudi Arabia’s King Salman visited China in 2017.


He and King Abdullah signed several agreements for energy exploration and security. King Abdullah adopted a pro-Asian “Look East” trade policy, with more than half of Saudi oil exports going to Asia.

In 2008, when a devastating earthquake hit China’s Sichuan province, Saudi Arabia demonstrated its support by pledging $50 million of cash aid and $10 million of materials.

In 2009 President Hu visited Saudi Arabia for a second time, during which he and King Abdullah discussed international and regional issues of common concern.

Former Chinese president Hu Jintao also toured the Kingdom in 2006.


The year 2014 saw Saudi Arabia emerging as China’s biggest supplier of crude oil while the value of bilateral trade reached $69.1 billion.

Three years later King Salman visited China to cement Saudi ties with the world’s second-largest economy. The 2017 signed saw deals worth $65 billion being inked.

In 2019, Crown Prince Mohammed bin Salman visited China as part of a tour of Asia. He met Chinese President Xi Jinping and other high-ranking officials.

As both countries had their own long-term strategic development plans — China with its Belt and Road Initiative and Saudi Arabia’s Vision 2030 — the two leaders expressed their willingness to collaborate on connecting their initiatives.

Crown Prince Mohammed bin Salman met Chinese President Xi Jinping and other high-level officials in Beijing in 2019.


They signed a cooperation agreement for the enhancement of research and studies in the maritime-transport industry.

The Saudi crown prince also agreed to allocate $10 billion to establish a refinery and petrochemical complex in China.


Newsletter

Related Articles

Arab Press
Close
0:00
0:00
Charlie Munger, calls for a ban on cryptocurrencies in the US, following China's lead
Shell reports highest profits in 115 years
EU found a way to use frozen Russian funds
First generation unopened iPhone set to fetch more than $50,000 at auction.
WARNING GRAPHIC CONTENT - US Memphis Police murdering innocent Tyre Nichols
Almost 30% of professionals say they've tried ChatGPT at work
Interpol seeks woman who ran elaborate exam cheating scam in Singapore
What is ChatGPT?
Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’
Tesla reported record profits and record revenues for 2022
Germany confirms it will provide Ukraine with Leopard 2 tanks
Prince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine Maxwell
Opinion | Israel’s Supreme Court Claims a Veto on Democracy
Moonwalker Buzz Aldrin Gets Married On His 93rd Birthday
Who’s Threatening Israeli Democracy?
Federal Reserve Probes Goldman’s Consumer Business
China's first population drop in six decades
Microsoft is finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown
Saudi FM discusses Kingdom’s economy, oil, Iran and US ties in Davos
Israelis rally in three cities against Netanyahu legal reforms
China's foreign ministry branch in Hong Kong urges British gov't to stop the biased and double standards Hong Kong report
Tesla slashes prices globally by as much as 20 percent
1.4 Million Copies Of Prince Harry's Memoir 'Spare' Sold On 1st Day In UK
After Failing To Pay Office Rent, Twitter May Sell User Names
Lisa Marie Presley, singer and daughter of Elvis, dies aged 54
FIFA president questioned by prosecutors
Britain's Sunak breaks silence and admits using private healthcare
Saudi Arabia plans to use domestic uranium for nuclear fuel
Mohammed Bin Salman chosen most influential Arab leader of 2022
Dirty bomb fears as URANIUM is found in cargo at Heathrow
Hype and backlash as Harry's memoir goes on sale. Unnamed royal source says prince 'kidnapped by cult of psychotherapy and Meghan'
United Arab Emirates says it will teach Holocaust in schools
Saudi Arabia set to overtake India as fastest-growing major economy this year 
International medical experts speak out against COVID-19 restrictions on China
Google and Facebook’s dominance in digital ads challenged by rapid ascent of Amazon and TikTok
FTX fraud investigators are digging deeper into Sam Bankman-Fried's inner circle – and reportedly have ex-engineer Nishad Singh in their sights
TikTok CEO Plans to Meet European Union Regulators
Japan reportedly to give families 1 million yen per child to move out of Tokyo
Saudi Arabia’s female ambassadors: Who are the five women representing the Kingdom?
Almubarak named ‘The Best Central Bank Governor of the Year 2023 for the Middle East’
Will Canada ever become a real democracy?
Hong Kong property brokerages slash payrolls in choppy market
U.S. Moves to Seize Robinhood Shares, Silvergate Accounts Tied to FTX
Effect of EU sanctions on Moscow is ‘less than zero’ – Belgian MEP
Dubai announces $8.7 trillion economic plan to boost trade, investment and global hub status
Coinbase to Pay $100 Million in Settlement With New York Regulator
FTX assets worth $3.5bn held by Bahamas securities regulator
A Republican congressman-elect is under investigation in New York after he admitted he lied about his education and work experience.
Brazilian football legend Pele, arguably the greatest player ever, has died at the age of 82.
Hong Kong to scrap almost all its Covid rules
×