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بوابة الفجر
Investment Minister joins China National Day event
The Egyptian Minister of Investment and International Trade, Dr. Mohamed Fayed Saleh, participated in the celebration of the 77th anniversary of the National Day of the People's Republic of China, expressing congratulations and friendship between the two countries. This participation comes in the context of the 70th anniversary of establishing diplomatic relations between Egypt and China and reflects ongoing cooperation and joint initiatives such as the Belt and Road Initiative and Egypt Vision 2030. China is Egypt's second-largest trading partner, with trade exchanges reaching approximately $20 billion in 2025. There are 3,366 Chinese-invested companies in Egypt, with an investment value nearing $10 billion. The minister emphasized the importance of strengthening economic cooperation between the two nations, especially in sectors such as industry, automobiles, renewable energy, and water desalination. Egypt welcomes more Chinese investments and seeks to enhance the export of its products to the Chinese market, while reaffirming the commitment to ongoing dialogue and overcoming challenges to support expanding Chinese investments in Egypt.
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