Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) said on Thursday.
Saudi Arabia, China also Sign Agreement on Coordination Between Saudi's 2030 Vision, China's Belt and Road Initiative, SPA added.
Separately on Thursday, Bloomberg reported thatan agreement has also been signed with China’s Huawei on cloud computing and high speed internet complexes in Saudi Arabia, and another to build an aluminum plant signed between the Saudi investment ministry and Shandong Innovation Group.