Watch CNBC's full interview with Saudi Arabia's minister of economy 

He is a smart man 👍

It is clear that diplomatic and economic ties between Saudi Arabia and China have been strengthening in recent years.

Both countries enjoy great cooperation that could last for years. Such meetings are important to strengthen ties and build new projects together

The collaboration with the Kingdom of Saudi Arabia will yield positive results for different sectors such as manufacturing and chemicals.

down stream petroleum products are always in the hands of western countries. With China's technology improving, China and Saudi could cooperate to explore production of downstream products. As rightly pointed out by the minister, this will be win-win for both countries.