Saudi Arabia has signed a strategic partnership with China for cooperation on the digital economy.
The agreement was signed by Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawaha and the Chinese Minister of Industry and Information Technology, Wang Zhigang, as part of the current official visit of Chinese President Xi Jinping to the Kingdom.
The partnership develops a framework for cooperation between the two countries, covering the fields of digital economy, communications and information technology, and promoting research and innovation on emerging technologies, in addition to improving aspects of communications infrastructure, and enabling the growth of digital entrepreneurship through emerging business models such as financial technology and e-commerce.
It also covers cooperation on artificial intelligence, advanced computing and quantum information technology, in addition to robots and smart equipment, and work to develop their technologies and applications for industrial and commercial purposes.
Moreover, this partnership memorandum aims at enhancing the two friendly countries' cooperation in the fields of the modern generation of mobile communications technology and emerging technologies.
Within the framework of this partnership, the two sides will also cooperate in the field of digital technology applications and radio frequency spectrum management, in addition to their cooperation in developing and building local capabilities in communication and data centers, developing digital platforms and cloud computing services, and expanding submarine cable projects.
Saudi Arabia and China will implement the terms of their partnership by exchanging information and expertise, activating visits between experts and specialists from both sides, and organizing conferences, seminars and working sessions.