Saudi Arabia to encourage service trade cooperation with China

On August 25, Chinese business delegation, accompanied by the Chinese embassy in Saudi Arabia commerce officials met with Saudi chamber of commerce, the two sides on how to promote two-way investment service trade field, promote cooperation between enterprises in this field has carried on the deep discussion.

O DE Saudi chamber of commerce secretary card than talked about, "China is the most strategic trading partners by Saudi Arabia, import and export trade volume of nearly $75 billion. The two sides has grown steadily in recent years, bilateral economic and trade relations, sand play a positive role in the council, the two sides trade delegation visits frequently, Chinese investment in sand." O mention than also introduces in detail the Saudi economy and investment environment, he points out, "the Saudi accelerated expansion in the field of infrastructure, government funding increase for years, a record budget, 1.2 trillion reais." Atticus than stressed that the development of the Saudi created huge business opportunities for Chinese enterprises, especially in the field of engineering, energy and water projects.

, head of the delegation, said his visit aims to promote cooperation in the field of trade in services. He introduced, "2012 China's service trade field value of $46 billion, becoming the second largest country in the field of global outsourcing industry. China and the global 208 countries has established good trade, outsourcing project 21000, 4 million jobs." He pointed out that "China's trade in services include consulting, industrial solutions, system design, software and information technology, China is committed to strengthening cooperation with Saudi Arabia and other countries in the field of outsourcing services, to develop the outsourcing service provider service ability in the global market."

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