Finance Minister: The Kingdom is participating in China in achieving the integration of the global economy

Hold the financial side The common level, today, Wednesday, 1 Dhu al -Hijjah 1446 AH corresponding to May 28, 2025 AD, his fourth meeting through visual contact, headed by Minister of Finance Mohammed bin Abdullah Al -Jadaan, Chinese Finance Minister because Fawan, and the participation of a number of representatives of the authorities in the two countries. Popular, ways to enhance the effectiveness of international financial institutions, in addition to consolidating Between the two countries." The duo in various economic and financial fields, including tax policies, financial markets, banking legislation, financing, infrastructure development, and partnerships between the public and private sectors. Provides the optimal opportunity for the two countries to support emerging economies and achieve important economic targets such as development, reduce poverty, enhance effective and inclusive dialogue globally. Sustainable, stressing the need to explore new and innovative fields, improve research and development, and promote partnerships between the public and private sectors to create a more comprehensive and competitive financial environment. Chinese. "Multilateral financial and economic cooperation"To the role of the two leadership countries in international financial organizations and institutions – such as the International Monetary Fund and the World Bank – and the need to focus global forums such as the Group of Twenty on economic priorities, and adopting a cooperative approach to providing practical solutions to confront global challenges. Benefit on the global economy and emerging market economies such as the initiative to suspend the service of debt payments and the joint work framework for debt processing, stressing the importance of continuing to make efforts and strive to explore possible cooperation opportunities in multilateral organizations global and regional parties in a way that supports the position of the two countries globally.