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China: High-level strategic dialogue aligns China's BRI with Saudi Vision 2030

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Officials and state-owned enterprises from China and Saudi Arabia held a high-level dialogue in Beijing on Tuesday to align the China-proposed Belt and Road Initiative (BRI) with Saudi Arabia's Vision 2030. Participants at the dialogue session said China and Saudi Arabia are taking their cooperation to new heights, with business leaders and policymakers from both countries charting a new chapter in bilateral ties. Saudi Vision 2030 aims to diversify the kingdom's economy beyond oil, with innovation, green energy and infrastructure at its core. The country's Minister of Investment Khalid Al-Falih said China and Saudi Arabia share ambitious growth goals, a sentiment echoed by Saudi business leaders. The dialogue highlighted opportunities across manufacturing, the digital economy, and renewable energy. Both sides stressed that aligning the BRI and the Saudi Vision 2030 could bring long-term, sustainable growth. As China and Saudi Arabia deepen trade and investment links, the partnership serves as a model of how global initiatives and national strategies can converge, participants said. Shotlist: Beijing, China - Aug 26, 2025: 1. Officials from China, Saudi Arabia entering meeting room; 2. Closed Door Meeting with SOE's Companies Roundtable in progress; 3. SOUNDBITE (Chinese, dubbed in English) Ren Hongbin, chairman, China Council for the Promotion of International Trade (ending with shot 4): "The Belt and Road Initiative and Saudi Arabia's Vision 2030 are deeply integrated, driving practical economic and trade cooperation between the two countries to a new level. China is Saudi Arabia's largest trading partner, while Saudi Arabia has for many years remained China's top trading partner in the Arab region. In the first half of this year, bilateral trade reached 53.9 billion U.S. dollars."; 4. Various of meeting in progress, attendees; 5. SOUNDBITE (English) Hady Jafar Mohammed Alshayeb, Senior Vice President, Saudi National Bank (partially overlaid with shot 6): "We are a main contributor to a lot of activities in the contracting industry and in the manufacturing and trading activities. We remain dedicated in supporting whatever activities between both countries and ensuring both visions are achieved with any financial support needed from our side."; [SHOT OVERLAYING SOUNDBITE] 6. Attendees; [SHOT OVERLAYING SOUNDBITE] 7. Screen reading "Closed Door Meeting with SOE's Companies Roundtable". [Restriction - No access Chinese mainland]

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