1.Building materials and construction machinery:
Architectural and decorative materials, sanitary and sanitary equipment, kitchen utensils, hardware tools, garden supplies, furniture and office furniture, lighting products,
Construction machinery, advertising, safety and protection;
2.Industrial and mechanical equipment:
Machinery and electromechanical equipment, packaging, printing, plastic industry, mold, electricity new energy, environmental water treatment, chemical products;
3.Consumer electronics and home appliances:
Home appliances, consumer electronics, electrical and electronic, automatic control systems, hand-held information devices, mobile communications, audio digital television, electricity
Sub-games, MP3 audio, video, etc.
4.Textile, leather and consumer goods:
Household items and accessories, glass crafts, weaving and tengiron crafts, home textiles, textile materials, clothing accessories and accessories
Children’s articles (toys, children’s wear), gifts, holiday articles and gifts, sports, outdoor and leisure articles, bags and bags, all kinds Shoes, leather products, beauty, consumer goods, office supplies, wedding supplies, folk and religious supplies;
5.Auto parts and decoration products:
Vehicle and auto parts, auto repair equipment, maintenance products, in-car entertainment system, gas station equipment Backup, air conditioning and refrigeration systems, automotive decoration and modification products, coatings, safety systems, etc.
6.Food and hotel supplies:
Food and beverage, food machinery and technology, food processing machinery and technology, food packaging machinery and technology, hotel room supplies,
Hotel kitchen supplies, hotel cleaning supplies, hotel furniture supplies, hotel decoration supplies, etc.
1.Geographical location and advantages: Saudi Arabia is located in the Arabian peninsula of southwest Asia, bordering the Persian gulf in the east and the red sea in the west, and bordering Jordan, Iraq, Kuwait, the united Arab emirates, Oman, Yemen and Egypt. The world’s largest oil reserves and production is the main pillar of the Saudi economy. Abundant resources support this very young country, with a very young population structure, with the population under 30 years old accounting for 70% of the total population and the population under 20 years old accounting for 46%, with strong purchasing power. Saudi Arabia imports almost all its commodities except oil and accessories. Consumption level is relatively wide. Saudi Arabia has not only rich royal nobles, rich middle class, but also lower-class people and migrant workers who account for two-thirds of the total population, forming high, middle and low consumption groups.
2.Economic status: Saudi Arabia implements the free market economic policy, especially in recent years, it vigorously promotes the economic diversification policy, strives to expand non-oil production, develops non-oil mining and light industry, attaches great importance to the development of agriculture, and realizes self-sufficiency in food. The economy is developing at an unprecedented rate, and the need for financing has multiplied. Saudi Arabia is stable economically, monetarily and politically. In 2014, Saudi Arabia’s GDP reached us $745.3 billion, with a per capita GDP of us $25,500. Its GDP grew by 3.8% year-on-year. The non-oil private sector continued to maintain strong growth with a year-on-year growth rate of 5.5%. Imports totaled us $153.1 billion, up 8.0% year on year. Saudi Arabia ranks 15th among the world’s most creditworthy economies and 14th among 76 countries with low credit risk. The Saudi economy will continue to grow at a high rate and become one of the three fastest growing economies in the world.
3.Market environment: Jeddah is a port city on the red sea coast of Saudi Arabia, home to the government, foreign ministry and embassies of other countries, the second largest city, the largest port and an important financial center in the country, about 70 km east of mecca. As the economic and trade center of Saudi Arabia, its trade activity is comparable to that of dubai in the united Arab emirates. It is a good opportunity to go out to the end market, the south Saudi market and the African market that are interested in exploring the higher profit points. A hundred kilometres north of Jeddah, the King Abdullah economic city, China’s equivalent of a special economic zone, has been built.
4.Sound trade relations with China: since the establishment of diplomatic ties in 1990, bilateral economic and trade cooperation has developed rapidly and is now at its best in history. The main commodities China imports from Saudi Arabia are crude oil, ethylene glycol, liquefied petroleum gas, etc. The main commodities exported to Saudi Arabia are home appliances and consumer electronics products, building materials products, mechanical and electrical products, light textile household products, auto parts, etc. Saudi Arabia has become China’s largest economic and trade partner in the Middle East, and China is also the largest export destination and the second largest source of imports for Saudi Arabia.
China and Saudi Arabia have a long history of friendly exchanges. Since the establishment of diplomatic ties in 1990, China-Saudi Arabia relations have developed rapidly. Today, the joint The Belt And Road initiative provides new opportunities for the development of China-Saudi Arabia relations.
The China Created Fair Saudi and the 31st Saudi-Jeddah international trade fair was held grandly in the Jeddah Centre Forums & Events on December 18, 2019. The exhibition covers a total area of 15,000 square meters, with 378 enterprises from China, UAE, Turkey, Egypt, India, Indonesia, Morocco, Pakistan and other countries participating. According to the data from the registration system, 15,868 professional visitors from 12 countries, including Saudi Arabia, UAE, India, Morocco, Palestine, Yemen, Oman, Jordan, Egypt and Sudan, came to visit and negotiate related business, with the transaction amount of us $18.56 million and the intended transaction amount of us $148 million. In the sixth exhibition of China brand Saudi intelligence building, 217 Chinese exhibitors, exhibition area of 7800 square meters, food industry, Jianghuai automobile, Shanghai building materials (group), Nantong cotton, Ningbo Jintian copper (group), Ningbo YuanLong, CNPC JiChai power, Zhongtong coach and other well-known enterprises, are at the exhibition.