Saudi Arabia and China strengthen partnership in digital economy Saudi Arabia and China strengthen partnership in digital economy
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Saudi Arabia and China strengthen partnership in digital economy

Saudi Arabia and China strengthen partnership in digital economy

The partnership also covers cooperation in the fields of artificial intelligence, advanced computing and quantum information technology

Zubina Ahmed
Saudi Arabia and China strengthen strategic partnership in digital economy

Saudi Arabia has signed a strategic partnership for cooperation in the fields of digital economy with China, as part of the current official visit of their President Xi Jinping to the kingdom.

The partnership develops a framework for cooperation between the two countries, covering the fields of digital economy, communications and information technology, and promoting research and innovation in the field of emerging technologies, in addition to improving aspects of communications infrastructure, and enabling the growth of digital entrepreneurship through emerging business models such as financial technology and e-commerce.

It also covers cooperation in the fields of artificial intelligence, advanced computing and quantum information technology, in addition to robots and smart equipment, and work to develop their technologies and applications for industrial and commercial purposes. A memorandum with China’s Huawei Technologies on cloud computing and building high-tech complexes in Saudi cities, was agreed too.

The partnership also aims at enhancing the countries’ cooperation in the fields of the modern generation of mobile communications technology and emerging technologies. The two sides will also cooperate in the field of digital technology applications and radio frequency spectrum management, in addition to developing and building local capabilities in communication and data centers, developing digital platforms and cloud computing services, and expanding submarine cable projects.

Saudi Arabia’s Crown Prince Mohammed bin Salman and Chinese President Xi Jinping signed the agreements at the royal palace. It includes a strategic partnership agreement and a harmonisation plan between the kingdom’s Vision 2030. Memorandums of understanding were also signed on hydrogen energy, solar power, direct investments and housing.

The leaders “reviewed aspects of partnership and joint coordination efforts” and discussed “opportunities to invest available resources” in both countries, according to state-run Saudi Press Agency.

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