"The Silk Road initiative and China's strategic orientation are very much in line with the kingdom's Vision 2030", he said according to SPA, referring to Saudi Arabia's sweeping economic reform programme.
Saudi Arabia's King Salman bin Abdulaziz Al Saud has appointed Princess Rima bint Bandar bin Sultan as the new ambassador of the kingdom to the United States with the rank of minister.
She is also known for her advocacy work around women's rights, increased women's participation in sport, and breast cancer awareness.
The Princess is familiar with the culture in the States, as she spent several years there growing up, as her father Prince Bandar was an ambassador from 1983 to 2005.
Prince Khalid graduated from King Faisal Air Academy in Riyadh and joined the Royal Saudi Air Force (RSAF).
Saudi Arabia's Crown Prince Mohammed bin Salman arrived in Beijing on Thursday as both countries seek strengthened economic ties.
Crown Prince Mohammed, who has come under fire in the West following the murder of Saudi journalist Jamal Khashoggi at the kingdom's Istanbul consulate in October, said Saudi Arabia saw great opportunities with China.
For Greg Gause, a Gulf expert at Texas A&M University, Princess Reema's appointment is therefore "an excellent public relations move".
NFL Notebook: Steelers Announce Major Decisions on Brown and Bell
The Steelers have not given permission to Brown nor his agent, Drew Rosenhaus, to speak with other teams to facilitate a trade. Speaking on NFL Network today , Steelers GM Kevin Colbert says that 3 teams have inquired about trading for WR Antonio Brown .
However, investigators later discovered that Khashoggi had been murdered.
It said there were also plans to establish a fuels retail business.
She is the founder of Alf Khair, a social enterprise helping to raise the capital of Saudi women in the workplace.
The Saudi Arabian General Investment Authority also announced the signing of 35 non-binding memorandums of understanding, including deals related to energy, mining, transportation and e-commerce.
The House of Representatives committee has voiced fears that Saudi Arabia could convert United States expertise into making a nuclear bomb, heightening already severe tensions with regional rival Iran.
A separate royal decree on Saturday ordered a one-month salary bonus for frontline military officials on the kingdom's southern border.