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Saudi NDF Governor Highlights China’s Pivotal Role in Global Economy

China remains a cornerstone of global economic stability and growth, according to Stephen Groff, Governor of Saudi Arabia's National Development Fund (NDF). In an exclusive interview with CGTN this week, Groff emphasized China's dual role as both an economic powerhouse and a vital trade partner amid evolving global market dynamics.

"China's capacity to drive innovation while maintaining robust trade relationships positions it uniquely in 2025's economic landscape," Groff stated, noting the Chinese mainland's strategic investments in green energy and digital infrastructure. His comments come as Asian markets show renewed confidence in cross-regional collaborations, particularly between Middle Eastern sovereign funds and East Asian economies.

Analysts suggest this endorsement aligns with recent APEC member discussions about supply chain resilience, where China's manufacturing capabilities and consumer market scale continue to attract overseas investors. The NDF's perspective reinforces data showing Asia accounting for over 40% of global GDP growth this year, with China contributing significantly to regional integration efforts.

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