Over the past 74 years, under the strong leadership of the Communist Party of China, the Chinese people have successfully opened up the path of socialism with Chinese characteristics, achieved the first centenary goal of building a moderately prosperous society in all respects, and are working towards the second centenary goal of building a modern and powerful socialist country in an all-round way. Goal moving forward. In 2023, against the background of the difficult recovery of the world economy, China's economy continued to rebound and improved, fully demonstrating the great resilience and potential of the Chinese economy. Facing the future, China's economy is confident and capable of making steady progress and making new contributions to world economic development.

In the face of changes in the world, the times, and history, President Xi Jinping has proposed global development initiatives, global security initiatives, and global civilization initiatives, providing China with the opportunity to properly respond to global challenges, lead innovation in global governance, and promote the progress of human civilization. The plan has received positive response from the international community. China will persist in promoting the great rejuvenation of the Chinese nation through Chinese-style modernization, actively promote the building of a community with a shared future for mankind, and build a world of lasting peace, universal security, common prosperity, openness, inclusiveness, cleanness and beauty, and provide new opportunities for countries around the world with China's new development. Contribute wisdom and strength to world peace and development.

On September 25, 2023, the Chinese Embassy in Saudi Arabia held a National Day reception in Riyadh to grandly celebrate the 74th anniversary of the founding of the People's Republic of China. Prince Mohammed bin Abdulrahman, Deputy Governor of Riyadh Province, Deputy Foreign Minister Huraiji, Undersecretaries of Investment Salah and Badr, officials from the Gulf Cooperation Council and the Organization of Islamic Cooperation, and representatives from various countries in Saudi Arabia About 800 people including envoys and representatives of the Organization of Islamic Cooperation, people from all walks of life in Saudi Arabia, overseas Chinese in Saudi Arabia, international students and representatives of Chinese-funded institutions participated.

Chen Weiqing, Chinese Ambassador to Saudi Arabia and Representative to the Organization of Islamic Cooperation, said in his speech that the past year was a year of great significance in the development of China's history. The 20th National Congress of the Communist Party of China was successfully held and proposed a comprehensive modernization plan with Chinese style. Promote the great rejuvenation of the Chinese nation; the past year was also an important year in the history of China-Saudi Arabia relations. President Xi Jinping paid a state visit to Saudi Arabia and attended the first China-Arab States Summit and the China-Gulf Arab States Cooperation Council Summit. China, Saudi Arabia, China-China relations and China-Arab relations have reached a higher level.

2023 marks the 10th anniversary of President Xi Jinping’s Belt and Road Initiative. Over the past 10 years, the Belt and Road has become an international cooperation platform that is open, inclusive, mutually beneficial, and win-win cooperation, and a global public product generally welcomed by the international community. President Xi Jinping proposed global development initiatives, global security initiatives, and global civilization initiatives to provide a feasible path for the world to move toward building a community with a shared future for mankind. In the first half of 2023, China's GDP grew by 5.5% year-on-year. It remains one of the main engines of global economic growth. We are confident in the long-term improvement of China's economy. China is willing to work with Saudi Arabia to create more benefits for the two peoples and make new contributions to global peace, stability and development. Editor/GaoLiMei