Your current location:HOME >style >Interview: China's new quality productive forces bring new opportunities for foreign investors 正文
TIME:2024-04-30 10:15:27 Source: Internet compilationEdit:style
CAIRO, April 6 (Xinhua) -- China's development of new quality productive forces and its continued op
CAIRO, April 6 (Xinhua) -- China's development of new quality productive forces and its continued openness to the outside world will bring new opportunities for foreign investors and companies, an Egyptian expert has said.
In a recent interview with Xinhua, Ahmed al-Husseini, a researcher at the Faculty of African Studies of Cairo University and an expert in Chinese affairs, stressed that foreign investment matters to all countries, whether they are rich, industrial, or developing countries.
"China attracted direct foreign investment amounting to approximately 1.1 trillion yuan (about 160 billion U.S. dollars), and more than 53,000 foreign companies invested in China during 2023, the scale of which is still at a historical high," al-Husseini said.
And so with Egypt, which is striving to attract foreign investments, he said, adding that Egypt's Vision 2030 and China's new quality productive forces greatly enhance the opportunities for bilateral cooperation and contribute to attracting mutual investments in different productive sectors.
The strategic vision of Egypt 2030 can be considered a direct reflection of the concept of China's new quality productive forces, which highlights the depth and strength of Egyptian-Chinese relations and common understanding of many topics and issues, he said.
"There is a very high degree of convergence between the new Chinese concept of new quality productive forces and Egypt's 2030 vision, which relies on sustainability, technology, and innovation," the expert said.
Egypt, in its vision, has become more concerned with the localization of modern industries, high-quality technologies, and new and renewable energy, al-Husseini said, noting that Egypt has also ventured into the field of manufacturing electric cars, in cooperation with Chinese companies.
Many Egyptian companies and investors, he said, are seeking to be present in the Chinese market, especially in agricultural manufacturing. And that Chinese investments in Egypt can also work to provide production requirements for Egyptian factories that rely on technology and innovation.
He also stressed the importance of the positive impact of the concept of new quality productive forces on the "Belt and Road" Initiative.
"The Belt and Road Initiative is based on cooperation, the exchange of benefits, and joint win-win for both parties, not for one party at the expense of the other...it depends on investing in infrastructure such as roads, ports, airports, high-speed trains, electricity, water, energy, etc., all of which are significant investments to increase production income rates," al-Husseini said.
Over the past four years, he said, the world has witnessed many challenges, starting with the COVID-19 pandemic, then Russia-Ukraine crisis, and the Palestine-Israel conflict, and tensions at the Red Sea.
"Despite all of this, China witnessed very large growth rates in 2023, so I consider this year to be a new beginning for China to take off again, and with the return of an economically strong China, all economic and trade partners will be strengthened as it is the engine of global growth and global economy," the expert said.
China's GDP exceeded 126 trillion yuan (17.51 trillion U.S. dollars) in 2023 at a growth rate of 5.2 percent, ranking China among the fastest-growing major economies in the world.
(Editor:Fu Bo)
GOP lawmakers in Kansas are moving to override the veto of a ban on gender care for minors2024-04-30 10:11
Another ex2024-04-30 10:02
Poland lays claim to a leadership role in Europe as Russia's war threatens stability2024-04-30 09:31
Tori Spelling reveals no one has 'broken my heart' since 'first love' and Beverly Hills, 90210 co2024-04-30 09:21
Pakistani FM Ishaq Dar designated deputy PM2024-04-30 09:11
Warning over surge in imported malaria in Britain as cases of deadly mosquito2024-04-30 09:09
Naomi Watts, 55, proves she's in the best shape of her life as she flexes her eye2024-04-30 09:08
Third man is detained in a major bribery case that involves Russia's deputy defense minister2024-04-30 08:52
China to hold first space cooperation forum with LatAm, Caribbean countries2024-04-30 08:19
Mac of the net! Football2024-04-30 07:32
A bomb attack in northern Kenya kills 5 people near the border with Somalia2024-04-30 10:13
Russia fines actress who hosted 'almost naked' party over her calls for peace2024-04-30 09:49
Xavi says Barcelona's improved play has been key to changing his mind to leave the club2024-04-30 09:36
Poland lays claim to a leadership role in Europe as Russia's war threatens stability2024-04-30 09:30
Goodbye to Scotland's answer to Liz Truss: How Sturgeon's short2024-04-30 09:21
Xander Bogaerts has season2024-04-30 09:17
Fury over NYC restaurant reservation scalpers making $80k a year by hoarding coveted dining slots2024-04-30 08:53
The Latest: Trump takes to social media before Supreme Court arguments2024-04-30 08:50
Convicted robber, 45, admits stabbing charity busker, 87, while riding his mobility scooter2024-04-30 08:21
Spring/summer jean trends: Seven celeb2024-04-30 07:49