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Chinese researcher highlights Egypt's market importance
Chinese economic researcher Zhao Chi Jun has stated that Egypt has become one of the most important markets that Chinese companies focus on in the region, thanks to its geographical location, government policies, and the availability of industrial cadres. He explained that the Suez Canal provides access to Africa, the Arab world, and Southern Europe, which enhances the ability of factories to sell locally and export abroad. He emphasized that in recent years, the trend has shifted from trade to manufacturing, with expanding sectors such as home appliances, building materials, and electric vehicles. Egypt has thus become a manufacturing hub and a gateway to global markets, especially following Chinese President Xi Jinping's visit, which included discussions with President Sisi and a visit to the Grand Egyptian Museum.
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