With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud, the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412,
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414,
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412,
after perusal of Shura Council Decision 150/20 dated 16 Rajab 1444,
and after perusal of Council of Ministers Decision 634 dated 13 Ramadan 1444,
have decreed as follows
First: The Memorandum of Understanding between the Ministry of Investments of the Kingdom of Saudi Arabia and the Ministry of Commerce in the People’s Republic of China Concerning Cooperation in Promotion of Direct Investment signed in the city of Riyadh on 14 Jumada Al-Awwal 1444, corresponding to 8 December 2022, is hereby approved in the form attached.
Second: His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned authorities—each within their area of competence—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 18/9/1444
Corresponding to: 9/4/2023
Published in Umm Al-Qura 4979 issued on 28 April 2023.