Chinese President Xi Jinping attended the first summit of the China-Gulf Arab States Cooperation Council, and expressed that China is willing to cooperate with the GCC countries in financial supervision, establish a joint investment association, support the sovereign wealth funds of the two sides to cooperate in various ways, and study the hosting of the GCC Industry and investment cooperation forums, strengthen investment cooperation in the fields of digital economy and green development, establish bilateral investment and economic cooperation working mechanisms, and deepen digital currency cooperation.