Chinese Premier Li Qiang has arrived in Saudi Arabia to chair the Fourth Meeting of the High-Level Chinese-Saudi Joint Committee, aiming to enhance bilateral cooperation in energy, finance, and high-tech sectors. Li emphasized the importance of the longstanding friendship between China and Saudi Arabia, noting significant advancements in their relationship since diplomatic ties were established 34 years ago. His visit includes discussions with Saudi Crown Prince Mohammed bin Salman to deepen strategic partnership and explore new areas of collaboration. Analysts predict the meetings could lead to breakthroughs in cross-border crude oil transaction settlements and financial cooperation, especially considering Saudi Arabia's openness to using the yuan for such transactions. This trip is part of a broader effort by China to solidify its influence in the Middle East, which is essential to its Belt and Road initiative. Li's visit to Saudi Arabia will be followed by a trip to the UAE, underscoring China's commitment to regional development.