During the China-Saudi Financial investment Seminar held in Beijing yesterday, Suzhou Land Team, an extensive commercial growth group, signed a Memorandum of Recognizing with Saudi Arabia’s King Abdullah Economic City, focusing on enhancing participation in developing the China-Saudi Center and the Saudi-China Facility.
The China-Saudi Facility, which includes five hubs, will certainly be established in Changshu, a county-level city of Suzhou.
Profession Center
It will certainly focus on broadening reciprocal teamwork in profession, accumulating a China-Saudi Arabia profession cluster, and promoting the growth of harbors and free trade.
Business Promotion Center
It will bring leading business in China to Changshu on a large scale and serve as the very first stop and cluster for those business intending to enter the Saudi market. Meanwhile, the center will certainly provide solutions consisting of policy guidance, support for start-ups, job promo, and evaluation of the investment environment for Chinese companies planning to buy Saudi Arabia.
Cultural Tourism Exchange Center
It will certainly contribute to the exchanges and links in society and tourism between the two countries.
Financial investment Center
It aims to broaden investments in between China and Saudi Arabia and draw in the general public Investment Fund (PIF) of Saudi Arabia, which will certainly cultivate investments in such areas as energy, facilities, and manufacturing of both sides and achieve win-win results.
Joint-innovation Center
The center will certainly advertise participation in scientific and technical advancement in between both countries to accomplish higher-level development.
The Saudi-China Center will give well-rounded support and assistance for Chinese enterprises to buy Saudi Arabia, including organization enrollment, policy consulting, plant and workplace leasing, skill recruitment, and profession docking. It will certainly also bolster the cluster growth and upgrading of emerging industries in Saudi Arabia.