BEIJING—Chinese Premier Li Qiang has called on Saudi Arabian companies to enhance their investments and deepen their market presence in China, signaling a welcoming environment for foreign enterprises in the country.

According to Namibia Press Agency, during a meeting on Wednesday with representatives from the Saudi business community, including major corporations like the Saudi Public Investment Fund, Saudi Arabian Oil Company, Saudi Basic Industries Corporation, ACWA Power, and Ajlan & Bros Holding Group, Premier Li emphasized the favorable conditions that currently exist for boosting economic and trade cooperation between China and Saudi Arabia. The meeting was also attended by Saudi Commerce Minister Majid bin Abdullah Al-Qasabi, Minister of Investment Khalid Al-Falih, and representatives from the China-GCC (the Gulf Cooperation Council) joint investment commission.

Li encouraged Saudi businesses to invest with greater confidence in traditional sectors such as oil and gas, petrochemicals, infrastructure, and trade, while also exploring opportunities in emerging and future industries, including the digital and green economies. He stressed the role of Saudi companies in strengthening the bilateral ties through economic cooperation and cultural exchanges, aiming to elevate the China-Saudi Arabia comprehensive strategic partnership to new heights.

Further highlighting China's commitment to international investors, Li noted that the Chinese government is focused on creating a top-tier business environment that is market-driven, law-based, and internationally oriented. "China will further relax market access, fully lift restrictions on foreign investment in the manufacturing sector, accelerate the opening of service sectors like telecommunications, and provide robust support for foreign enterprises, helping them establish a stronger presence in the country and achieve success in China," the Premier said.