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Saudi Arabias GDP soared by 4.9%, opening a new chapter in China - Saudi cooperation!
Saudi Arabia is expected to see a 1.6% GDP growth this year, increasing to 4.9% by 2025, making it the fastest - growing economy in the Gulf region. This is mainly due to its diversification strategy, including strengthening the manufacturing, logistics and trade industries, as well as deepening cooperation with China. The establishment of the Saudi - China Special Economic Zone, the continuous increase in bilateral trade volume between Saudi Arabia and China, and the application of the RMB in crude oil settlement and other measures indicate broad prospects for future cooperation between the two countries.
PSB Record: Shanghai No.31011502009912
