The Future Investment Initiative was initiated in 2017 by MBS, the Crown Prince and Prime Minister of Saudi Arabia and president of the Council of Economic and Development Affairs. The three-day open forum each year conducts discussions on important topics such as energy, business, financial capital, health industry, privatization development, and future technology, attended by high-level speakers, VIPs, including heads of state.
On October 28, 2019, Dragonstone Consulting, the organizer of the Asia-Pacific Region of the FII Summit, led a Chinese delegation to Saudi Arabia to conduct in-depth exchanges with relevant departments and institutions of the Saudi government, with the aim of promoting efficient matchmaking of key projects. List of entrepreneurs of the delegation (in part):
• President of Sinovation Ventures – Kai-Fu Lee
• Vice President of Alibaba - Gao Hongbing
• Vice President of Ant Financial - Ji Gang
• Chief Executive Officer of BOCI – Li Tong
• Chief Investment Officer of China Merchants Bank – Zhao Ju
• President of Didi - Liu Qing
• Founder of Fusion Fund – Zhang Lu
• President of GE China - Duan Xiaoying
• Founder of Horizon Robotics – Yu Kai
• Founder and Managing Partner of M31 Capital – Zhong Lei
• Managing Partner of Ping An Good Doctor – Fan Yin
• Co-CEO of Russia-China Investment Fund – Hu Bing
• CE0 of SenseTime – Xu Li
• General Manager of Sinosteel – Wang Jian
• CEO of WeRide – Han Xu
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Facilitating closed-door meetings between Chinese representatives of FII and governor of the Public Investment Fund (PIF), chairman of the Saudi Arabian Oil Company (Aramco), Yasir Al-Rumayyan.