Beijing-Riyadh-Houston-Skytower News:
On April 1, 2025, the 2025 CCID Forum, hosted by the China Electronics Information Industry Development Research Institute (CCID Research Institute) and the New Industrialization Research Center of the Ministry of Industry and Information Technology, came to a successful conclusion at the Shangri-La Hotel in Beijing. The forum, with the theme of “New Industrialization: New Momentum, New Chapter”, brought together many global policymakers, industry experts and business leaders to review China’s achievements in the development of new industrialization during the “14th Five-Year Plan” and look forward to the industrial development trends during the “15th Five-Year Plan”. The forum also focused on the innovative applications of cutting-edge technology fields such as artificial intelligence, low-altitude economy, and commercial aerospace, and their far-reaching impact on the future industrial landscape.
At the international cooperation roundtable of this forum, Dr. Min Chun, Chief Financial Officer (CFO) of Skytower Investments, was invited to discuss with many international experts how the energy transformation in the Middle East can become a new engine for industrial growth. In conjunction with Saudi Arabia’s Vision 2030, she made an in-depth analysis of the country’s rapid development in renewable energy, new materials, hydrogen energy and digital energy, and introduced in detail the Saudi government’s policy support and incentives for promoting the development of the local manufacturing industry.
Dr. Min Chun said that Saudi Arabia is accelerating the diversification of its industries, focusing on the development of key areas such as renewable energy, advanced manufacturing, and new materials. To this end, the Saudi government has introduced a series of support policies, including industrial incentive plans, special fund support and localized investment incentives, aiming to attract global leading companies to settle in Saudi Arabia and establish localized production bases.
In her speech, Dr. Min Chun particularly emphasized that in the context of the global industrial chain reconstruction, developing countries should give full play to their own advantages, carry out in-depth cooperation with Saudi Arabia, and jointly promote the process of new industrialization. She pointed out that Skytower Investment Company has successfully helped a leading Chinese automobile company to land in Saudi Arabia. In the future, it will continue to strengthen cross-border industrial cooperation, provide investment and financing, market access and localization support for enterprises, and help Chinese companies to deepen their presence in the Middle East market and seize opportunities for industrial upgrading.
