Over 5k Chinese firms explore investment opportunities in Saudi market in 2025

20/11/2025 01:48 AST

The Saudi-Chinese Business Council has received more than 5,000 Chinese companies so far this year that arrived to explore investment opportunities in the Kingdom, according to the council's Deputy Chairman Anas Al-Fadda.

Speaking to Al-Eqtisadiah during a meeting with a delegation from Jiangsu Province at the Federation of Saudi Chambers, Al-Fadda said the council now includes more than 1,800 members and has achieved an implementation rate exceeding 85 percent of agreements.

He noted that this reflects strong momentum in Chinese interest, particularly as both countries benefit from the convergence between China's Belt and Road Initiative and Saudi Vision 2030.

Wang Shanhua, chairman of the China Council for the Promotion of International Trade, said companies from Jiangsu - China's second-largest province in terms of gross domestic product contribution - are seeking broader expansion in the Saudi market.

Trade between Jiangsu and Saudi Arabia has exceeded $100 billion in recent years, with additional growth recorded this year. Although the province accounts for only 1.1 percent of China's land area, it contributes more than 10 percent of the national GDP and is home to 6 percent of the population, making it one of the country's most economically influential regions.

Trade between Jiangsu and Saudi Arabia exceeded $100 billion over recent years, with additional growth recorded this year.

Jiangsu is also one of China's largest manufacturing hubs, combining traditional industries with advanced technology sectors. In recent years, it has shifted from light industries to heavy industry and high-tech manufacturing, and is considered a major center for electronics and precision component production.

Mishari Al-Kuwaiflie, regional director at MIE, highlighted the role of investment delegations and business matchmaking in linking Chinese companies with the Saudi market.

He said industrial and technology-focused delegations have recently visited the Kingdom to explore opportunities, noting ongoing cooperation with the Jiangsu Chamber of Commerce, which is showing increased interest in partnering with Saudi firms.

Among the participants, the general manager of XMG Trading said the meeting offered a strong opportunity to engage with Saudi and Chinese officials and explore joint projects.

He added that Chinese companies are showing growing enthusiasm for investment, noting that his company's projects in the Kingdom have already achieved localization rates exceeding 40 percent - a sign, he said, of the Saudi market's ability to absorb local talent and support long-term partnerships.

Arab News