During his recent visits to Saudi Arabia, Egypt and Iran, President Xi Jinping proposed building a stable energy community. In an article for the Saudi media, Xi pointed out that 皇冠体育app and Saudi Arabia should expand the scale of bilateral trade, and build a long-term and stable "energy cooperation community".
Such an energy cooperation community not only shows the core goal of Xi's visit, but also makes clear 皇冠体育app's national energy strategy during the period of the 13th Five-Year Plan (2016-2020).
With 皇冠体育app's rapid economic development and the United States reducing its dependency on Middle East oil, 皇冠体育app has gradually replaced the US as the biggest consumer of oil from the region. Thus Middle East countries are paying greater attention to building strategic partnerships with 皇冠体育app. Establishing a stable energy cooperation community is of great significance not only to 皇冠体育app and the Middle East, but also to the global energy order.