Interview with CEO of Saudi Basic Industry Company: China provides ample development opportunities for multinational enterprises

Publication time: April 6, 2024 18:11:00 Source: Xinhua News Agency China Youth Network

Riyadh, April 6th (Xinhua) - Interview: China Provides Sufficient Development Opportunities for Multinational Enterprises - Interview with the CEO of Saudi Basic Industry Company
Xinhua News Agency reporter Hu Guanwang Haizhou

Abdullah Haman Al Faji, CEO of Saudi Arabian Basic Industries, said in an interview with Xinhua News Agency that as the world's second-largest economy and a powerful engine of global economic growth, China is forming a high-quality development pattern and providing sufficient development opportunities for multinational enterprises.

Al Faji said that after more than 40 years of rapid development, the Chinese economy has injected valuable resilience and driving force into the global value chain. In recent years, China has promoted high-level opening-up to the outside world, further attracting and stabilizing foreign investment. As a diversified chemical enterprise, Saudi Basic Industries Company has always regarded China as an important strategic market.

Workers are carrying out construction work at the construction site of the 1.2 million tons/year ethylene plant for the refining and chemical transformation and upgrading project of China Petroleum Jilin Petrochemical Company (photographed on January 24th). Photo by Xinhua News Agency reporter Xu Chang

He said that since entering China in the 1980s, the company has been committed to achieving sustainable development and has become an investor, operator, innovator, supplier, and partner in the Chinese market. In the future, the company will continue to be a participant in the local market in China, developing local strategies, introducing world-class technologies, and providing tailored sustainable solutions for Chinese customers and value chain partners.