Beijing will hold a China Saudi investment conference on Tuesday on the sidelines of a visit by Investment Minister Khalid al-Falih, the Saudi Press Agency reported on Saturday.

According to The Iran Project,The conference aims to strengthen the strategic partnership between the two countries in the areas of investment, trade, and economics, and in support of China’s Belt and Road Initiative to connect Asia with Africa and Europe.

The event is expected to be attended by more than 700 people, including senior officials, executives, investors and entrepreneurs.