Joint Statement on the Establishment of a Comprehensive Strategic Partnership Between China and Saudi Arabia
January 19 2016 saw the publication of the Joint Statement Between the People's Republic of China and the Kingdom of Saudi Arabia with regard to the Establishment of a Comprehensive Strategic Partnership. The proposal, issued in Riyadh, the Saudi Arabian capital, is designed to upgrade the current bilateral relations to more of a comprehensive strategic partnership. In addition to enhancing political co-operation and exchanges in a number of fields, the two countries are particularly looking to boost their collaboration in the energy sector. Both parties also intend to pursue practical co-operation, expand two-way investment, and further deepen co-operation in such areas as infrastructure construction, with a particular emphasis on accelerating a number of mutually beneficial projects, notably railways, roads bridges, communication facilities and ports. At the same time – and within the overall framework of developing the Silk Road Economic Belt and the 21st Century Maritime Silk Road - further action will be taken in order to deepen co-operation and strengthen policy coordination in relation to production capacity, while also encouraging technology transfer, industrial upgrade and economic diversification.
Click here for the Joint Statement in Chinese.