Thursday, March 16, 2017

China, Saudi Arabia sign 14 cooperative pacts

Xinhua| 2017-03-16

BEIJING, March 16 (Xinhua) -- China and Saudi Arabia signed 14 cooperative agreements during a visit by Saudi King Salman bin Abdulaziz Al Saud, said Chinese Vice Foreign Minister Zhang Ming on Thursday.  Chinese President Xi Jinping and King Salman attended the signing ceremony after their talks at the Great Hall of the People in Beijing.  Those agreements covered a wide range of cooperation areas, said Zhang, noting that a memorandum of understanding on production capacity and investment cooperation between the two governments worth about 65 billion U.S. dollars involves 35 cooperative projects.  The King is paying a state visit to China from March 15 to 18 as a guest of Xi.