On behalf of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, opened today in Riyadh the tenth session of the conference of Arab and Chinese businessmen 2023, under the slogan "cooperation for Prosperity".
In his speech at the conference, Ibn Farhan stressed that China is the largest trading partner of the Arab countries.. The total volume of trade exchange reached 430 billion dollars in 2022, with a growth rate of 31, compared to 2021, pointing out that the kingdom of Saudi Arabia represents 25% of the total trade exchange between China and Arab countries, where the volume of trade exchange between the Kingdom and China reached 106.1 billion dollars in 2022, an increase of 30% compared to 2021.