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 "SAUDI EXPORTS" is preparing to participate in China International Import Exhibition

calendar 11/6/2018 12:00 AM

 

​The Saudi Export Development Authority "SAUDI EXPORTS" participates in China International Import Exhibition which will be held during this November from 5 to 10. The Chinese government is organizing the first session of the exhibition, which will be held at the Exhibition and Convention Center in Shanghai, and includes industry, tourism and services sectors with more than 100 countries and 50 national pavilions. The Kingdom participates in the exhibition with a national pavilion organized by the Saudi Export Development Authority "SAUDI EXPORTS", which includes a number of government agencies and national companies from different sectors, in the presence of Deputy Minister of Energy, Industry and Mineral Resources for Industry Affairs Eng. Abdulaziz bin Abdullah Al-Abdul Karim and Secretary General of the Saudi Export Development Authority Eng. Saleh bin Shabab Al-Solami. The aim of this partnership is to promote trade and economic cooperation between the two countries and to open new export channels for Saudi companies in the international markets, and to complement the role of "SAUDI EXPORTS" in promoting Saudi products and services and increasing their market share in the international markets, thus enhancing their contribution to the gross domestic product.

The exhibition consists of the trade and investment pavilion of the countries, the business and trade projects' region and indicates the Chinese government's move towards a new stage of opening up globally. This is considered as a historic opportunity for companies to take their first steps to enter the huge Chinese market, and explore opportunities for cooperation, especially as China is the country with the largest population and the second largest importer and consumer in the world and it is expected that the exhibition will attract about 150 thousand buyers from more than 100 countries and regions.

For his part, the General Secretary of the Saudi Export Development Authority, Eng. Saleh Al-Solami, stressed that the participation of "SAUDI EXPORTS" at the China International Import Fair stems from its role in encouraging Saudi products to reach the international markets and increase the competitive quality of local products, reflecting the position of the Saudi product. He pointed out that the Kingdom, throughout its participation in the exhibition, emphasizes the strengthening of trade and economic cooperation between the two countries, and the interest of the Kingdom to enter the elite of its companies from various sectors to the Chinese market to increase the volume of trade exchange between the Kingdom and China, indicating that the balance of non-oil trade between Saudi Arabia and the People's Republic of China in 2017 amounted to 107 billion SAR, with Saudi exports to China worth 538 billion SAR and imports from the State of China estimated at 568 billion SAR. Saudi non-oil exports for the first half of 2018 amounted to 16 billion SAR.

"SAUDI EXPORTS" invests all its capabilities to the efficiency of the export environment, overcome the barriers that exporters may face, increase knowledge of export practices, and develop human resources in the field of export. It is also working to raise the export readiness of the targeted enterprises through an assessment of the export readiness and consultation services to improve the export capacity of the target enterprises. "SAUDI EXPORTS" is also working to facilitate the creation of suitable opportunities and export markets suitable for enterprises by preparing the guides of market access and market studies on demand. The Authority contributes to the emergence of Saudi products in front of the target groups through participation in international exhibitions. "SAUDI EXPORTS" also provides a service to facilitate the linking of exporters with buyers and potential partners through trade missions and bilateral meetings on the sidelines of international exhibitions. The work of the "SAUDI EXPORTS" reflects the Kingdom’s Vision for 2030, and meets the aspirations of the enlightened leadership in order to diversify sources of income for the national economy.

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