RIYADH — The Public Investment Fund (PIF) Governor Yasir Al-Rumayyan, who is also the "accompanying minister", affirmed that the Saudi-Chinese summits are gaining economic significance because they serve as a forum for sharing knowledge and exploring new investment opportunities.

He added that these summits also present excellent chances to strengthen economic and investment partnerships and achieve shared development among all participating nations.

Al-Rumayyan outlined how the PIF has expanded the close investment relationship between the Kingdom and China by opening up a number of investment cooperation opportunities in the Chinese market.

He asserted that the fund works to share experiences and take advantage of the sophisticated capabilities of Chinese businesses in a number of promising sectors.

He continued by saying that the PIF seeks to diversify the assets in its portfolio as part of its strategy for international investments by diversifying its holdings and looking for investment opportunities in numerous cutting-edge investment fields, which improves ways to diversify the Saudi economy in line with the Kingdom Vision 2030. — SPA