Saudi Joint Committee, pointing out that the two sides agreed to raise the volume of trade exchange which stood at $79 billion by the end of 2013. He also expected that the volume of trade exchange between the two countries will reach $ 95 billion, adding that the Chinese side is keen on establishing a free trade zone between China and GCC member states. For his part, the minister of petroleum and mineral resources said that the oil relation between the Kingdom of Saudi Arabia and China dated back to 1990. Currently, China produces 4 million barrels of oil per day and imports 6 million barrels per day to cover its needs. The Kingdom of Saudi Arabia is securing 1.1 million barrels per day for China. The minister's expectations put the Chinese oil demand by 2030 to range between 17-19 million barrels per day, expressing the Kingdom's readiness to meet China's needs and asserting the significance of the bilateral strategic partnership. Then, the ministers and the editors-in-chief discussed a number of issues.
