Red Sea Integrated Smart Energy Project, Saudi Arabia

　　As an key project of Saudi Arabia's "Vision 2030", it is highly valued by governments of China and Saudi Arabia. Covered by SINOSURE’s overseas investment insurance, the project effectively promotes people-to-people exchange and the trade and financial connectivity.

　　In December 2022, a signed article by President Xi Jinping titled "Carrying Forward Our Millennia-old Friendship and Jointly Creating a Better Future" was published during his visit to Saudi Arabia. In this article, President Xi branded the project as an good example of China-Saudi Arabia’s friendly cooperation.