The 10th ARAB-CHINA Business Conference, with the theme of 'Arab-China States Working Together for Prosperity' was successfully held in Riyadh, Saudi Arabia, on June 11-12, 2023. Saudi Foreign Minister, Secretary General of the League of Arab States and Saudi Investment Minister attended the opening ceremony of the conference and gave keynote speeches. The Arab side attached great importance to this event, which was personally sponsored by the Saudi Crown Prince.
The conference was expected to have 2,000 attendees but more than 4,000 attendees participated. Chinese enterprises attached great importance to it and had high enthusiasm for participation.
Beltway Group Co-Founder Dr.Karim Alwadi emphasized the remarkable similarities between Arab & Chinese cultures and reminded the participating companies to seize the golden time now. The new prince of the Saudi Industrial Fund also pointed out that the biggest risk for both sides is missing opportunities. Many participating companies asked how to succeed, Dr. Karim's advice is to provide value first, make the best service, and the revenue will naturally come.
Beltway Group is a China-based JV platform with a focus on investing and developing international projects including infrastructure development, New Energy, health care, and project financing. Through the last years, it has developed over USD 3.3 Billion projects in Central Asia and Mena region. Beltway Group's ideas coincide with this conference and will contribute to promote the sustainable development of countries along the 'Belt and Road'.