Archive for ‘Egypt’

03/09/2019

China, Arab states to promote Belt and Road tourism

YINCHUAN, Sept. 2 (Xinhua) — China and Arab states are seeking to boost cooperation in tourism along the Belt and Road at an upcoming conference in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region.

As part of the fourth China-Arab States Expo, the 2019 China-Arab States Tour Operators Conference will be held on Sept. 4-7.

More than 100 representatives from 13 countries including Egypt, and a dozen Chinese provinces, autonomous regions and municipalities are expected to hold discussions on tourism exchanges.

The conference will focus on the future development of tourism along the Belt and Road through promotional events, project signings and tour routes explorations, according to the regional department of culture and tourism.

“Ningxia is reaching out to the world under the Belt and Road Initiative,” said Zhao Mingxia, deputy head of the department.

As a pivot along the ancient Silk Road, Ningxia astonishes tourists with its picturesque landscape, a combination of both the beauty of Chinese southern canal towns and the magnificent scenery of the north

Source: Xinhua

16/08/2019

China-Arab States tourism fair to be held in NW China

YINCHUAN, Aug. 15 (Xinhua) — The China-Arab States Tour Operators Conference 2019 will be held from Sept. 4 to 7 in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, local authorities said Thursday.

According to the region’s department of culture and tourism, the four-day event will include a series of activities such as tourism resources promotion, tourism cooperation and exchange between China and Arab countries, and investment project negotiation.

Tourism officials from Indonesia, Morocco and Chad, as well as some 120 traders from China and 15 countries along the Belt and Road including Singapore, the Republic of Korea and Egypt, will participate.

Tourism resources and products such as the starry sky, the Great Wall, intangible cultural heritage and wine in Ningxia will be presented in the form of a stage drama at the fair.

Foreign participants will also introduce their tourism resources to further integrate Ningxia into regional tourism along the Belt and Road.

Traditional handicrafts such as papercutting, embroidery, wood carving and clay sculptures will be displayed to propel the development of the cultural tourism industry in the region, according to Zhao Mingxia, deputy director of the culture and tourism department.

Source: Xinhua

14/07/2019

China meets resistance over Kenya coal plant, in test of its African ambitions

  • Court revokes licence for coal-fired power plant in Kenyan town whose Unesco World Heritage status is at stake
  • Beijing’s efforts to cut emissions domestically coincide with coal-financing ventures overseas
A proposed coal-fired power plant in Kenya involving four Chinese companies has provoked protests. Photo: Handout
A proposed coal-fired power plant in Kenya involving four Chinese companies has provoked protests. Photo: Handout
This article is part of a series in which the South China Morning Post examines the local impact of Chinese investment and infrastructure projects in Africa.
There are a few places in the world that have held onto their traditions. One is the island of Lamu, close to Kenya’s northern coast, which is an epicentre of Swahili culture in East Africa and home to its oldest and best-preserved history.
Nowhere combines the culture’s architecture and heritage like Lamu Old Town, where there are two streets, few cars and dozens of mosques and churches. Donkeys and wooden carts are the main modes of transport.
The town is a Unesco World Heritage Site with multibillion-dollar tourism and fishing industries. But it risks losing its global allure after Unesco’s World Heritage Committee warned that a US$2 billion coal-fired power plant planned in the area threatened its heritage site status.
Four Chinese companies are involved in the project. The United States also supported it, with its envoy to Kenya, Kyle McCarter, saying the country needed cheaper power and American energy firm GE promising to inject US$400 million for a 20 per cent stake in Amu Power, the operating company. The Kenyan government has said the plant would enable the country to have a diversified source of electricity.
Lamu Old Town’s Unesco status helps to support its tourism and fishing industries. Photo: Handout
Lamu Old Town’s Unesco status helps to support its tourism and fishing industries. Photo: Handout

However, the project’s future is uncertain after a Kenyan court, the National Environment Tribunal, ordered on June 26 that a fresh environmental impact assessment be carried out. The tribunal, which oversees decisions made by the National Environment Management Authority, also revoked the licence issued by the authority to Amu Power.

A lack of public consultation to date, as well as the environmental risks, were cited by the court, whose ruling is binding on the government. Unesco has urged Amu Power to proceed with the impact assessment, which in turn could have an impact on perceptions of Beijing’s signature transcontinental infrastructure strategy, the

Belt and Road Initiative

.

Two days after the court’s verdict, Wu Peng, the Chinese ambassador to Kenya, met groups opposed to the building of the coal plant, days after they had been dispersed by police when they tried to protest at the embassy. Wu acknowledged the need to develop a different approach to hear the public’s views.

Anti-coal campaigners have been demanding China back out. Of the plant’s estimated US$2 billion cost, US$1.2 billion is coming from the Industrial Commercial Bank of China.

The three Chinese companies – Sichuan Electric Power Design and Consulting, China Huadian, and Sichuan No 3 Power Construction – teamed up with Kenya’s Centum Investments and Gulf Energy in a venture to form Amu Power. Another Chinese firm, Power Construction (PowerChina), was contracted to build the plant, which is expected to generate 1,050 megawatts of electricity.
The Chinese embassy in Nairobi said it had asked the Chinese investors to wait for Kenya’s decision on whether it should go ahead.
“Our position is that the Kenyan people are the final decision makers in this project and the Chinese government respects that,” embassy spokeswoman Huang Xueqing said.
Despite committing to cutting China’s reliance on coal, Beijing is still funding several coal-powered plants around the world. Both China and Kenya signed the

Paris Agreement

on climate change in 2016, promising to cut carbon emissions.

China may be providing a market for its coal by outsourcing its fossil fuel use to other countries, according to 350.org, which campaigns to prevent climate change and works to end use of fossil fuels.
Yossi Cadan, a senior campaigner for the organisation, said many people looked to China to be the new world leader in addressing climate change, given its government’s ambitious initiative to reduce emissions domestically. US President Donald Trump, by contrast, made the controversial decision to 
Activists and Lamu residents have protested about the coal plant. Photo: Handout
Activists and Lamu residents have protested about the coal plant. Photo: Handout

“While China seems determined to meet its Paris climate agreement targets at home, it undermines those efforts to reduce global emissions by simultaneously investing in coal projects across the world,” Cadan said.

According to Cadan, cancellations and delays of coal projects in China left a desperate Chinese coal industry looking elsewhere, assisted by Chinese financial institutions.

He argued that if China was serious about being a global leader in reducing emissions and tackling the climate crisis, it must apply the same restrictions it was 

introducing domestically

to coal financing outside China.

Analysts said that if the Lamu coal project were to be abandoned, other Chinese-funded coal power projects in Africa would come under the spotlight.
China is funding eight coal-powered projects in Africa, including Egypt’s Hamrawein plant, which has an estimated cost of US$4.2 billion and is expected to generate six gigawatts of power.
Omar Elmawi, campaign coordinator at deCOALonize, was among the campaigners who met ambassador Wu two weeks ago.
“Other African countries could take a cue from [the Kenyan situation],” he said. “Already key financial institutions are coming up with policies that are either cutting back on or refusing to fund new coal plant projects. This will add to the pressure on China to abandon coal projects.”
Lauri Myllyvirta, lead analyst at Greenpeace’s air pollution unit, said the Lamu case could spur the Chinese government to adapt its criteria for supporting overseas energy projects. This could include requiring coal-fired power projects overseas to meet more stringent emissions standards.
“Currently, essentially all of the overseas coal-fired power projects with involvement from Chinese banks and firms plan to use much weaker emissions control technology than is allowed in China, leading to much worse air quality impacts and public health impacts – which was the case in Lamu,” Myllyvirta said.
“It’s hard to see how [a weaker emissions standard] fits with the Chinese leadership’s objectives of greening the belt and road, and projecting a positive, technologically advanced image of China overseas.”
Source: SCMP
08/07/2019

Seven Silk Road destinations, from China to Italy: towns that grew rich on trade

  • Settlements along the route linking Europe and Asia thrived by providing accommodation and services for countless traders
  • Formally established during the Han dynasty, it was a 19th-century German geographer who coined the term Silk Road
The ruins of a fortified gatehouse and cus­toms post at Yunmenguan Pass, in China’s Gansu province. Photo: Alamy
The ruins of a fortified gatehouse and cus­toms post at Yunmenguan Pass, in China’s Gansu province. Photo: Alamy
We have a German geographer, cartographer and explorer to thank for the name of the world’s most famous network of transconti­nental trade routes.
Formally established during the Han dynasty, in the first and second centuries BC, it wasn’t until 1877 that Ferdinand von Richthofen coined the term Silk Road (historians increasingly favour the collective term Silk Routes).
The movement of merchandise between China and Europe had been taking place long before the Han arrived on the scene but it was they who employed troops to keep the roads safe from marauding nomads.
Commerce flourished and goods as varied as carpets and camels, glassware and gold, spices and slaves were traded; as were horses, weapons and armour.
Merchants also moved medicines but they were no match for the bubonic plague, which worked its way west along the Silk Road before devastating huge swathes of 14th century Europe.
What follows are some of the countless kingdoms, territories, (modern-day) nations and cities that grew rich on the proceeds of trade, taxes and tolls.

China

A watchtower made of rammed earth at Dunhuang, a desert outpost at the crossroads of two major Silk Road routes in China’s northwestern Gansu province. Photo: Alamy
A watchtower made of rammed earth at Dunhuang, a desert outpost at the crossroads of two major Silk Road routes in China’s northwestern Gansu province. Photo: Alamy

Marco Polo worked in the Mongol capital, Khanbaliq (today’s Beijing), and was struck by the level of mercantile activity.

The Venetian gap-year pioneer wrote, “Every day more than a thousand carts loaded with silk enter the city, for a great deal of cloth of gold and silk is woven here.”

Light, easy to transport items such as paper and tea provided Silk Road traders with rich pickings, but it was China’s monopoly on the luxurious shimmering fabric that guaranteed huge profits.

So much so that sneaking silk worms out of the empire was punishable by death.

The desert outpost of Dunhuang found itself at the crossroads of two major Silk Road trade arteries, one leading west through the Pamir Mountains to Central Asia and another south to India.

Built into the Great Wall at nearby Yunmenguan are the ruins of a fortified gatehouse and cus­toms post, which controlled the movement of Silk Road caravans.

Also near Dunhuang, the Mogao Caves contain one of the richest collections of Buddhist art treasures any­where in the world, a legacy of the route to and from the subcontinent.

Afghanistan

Afghanistan's mountainous terrain was an inescapable part of the Silk Road, until maritime technologies would become the area's undoing. Photo: Shutterstock
Afghanistan’s mountainous terrain was an inescapable part of the Silk Road, until maritime technologies would become the area’s undoing. Photo: Shutterstock

For merchants and middlemen hauling goods through Central Asia, there was no way of bypassing the mountainous lands we know today as Afghanistan.

Evidence of trade can be traced back to long before the Silk Road – locally mined lapis lazuli stones somehow found their way to ancient Egypt, and into Tutankhamun’s funeral mask, created in 1323BC.

Jagged peaks, rough roads in Tajikistan, roof of the world

Besides mercan­tile exchange, the caravan routes were responsible for the sharing of ideas and Afghanistan was a major beneficiary. Art, philosophy, language, science, food, architecture and technology were all exchanged, along with commercial goods.

In fact, maritime technology would eventually be the area’s undoing. By the 15th century, it had become cheaper and more convenient to transport cargo by sea – a far from ideal development for a landlocked region.

Iran

The Ganjali Khan Complex, in Iran. Photo: Shutterstock
The Ganjali Khan Complex, in Iran. Photo: Shutterstock

Thanks to the Silk Road and the routes that preceded it, the northern Mesopotamian region (present-day Iran) became China’s closest trading partner. Traders rarely journeyed the entire length of the trail, however.

Merchandise was passed along by middlemen who each travelled part of the way and overnighted in caravan­serai, forti­fied inns that provided accom­mo­dation, storerooms for goods and space for pack animals.

The good, bad and ugly sides to visiting Chernobyl and Kiev

With so many wheeler-dealers gathering in one place, the hostelries developed into ad hoc marketplaces.

Marco Polo writes of the Persian kingdom of Kerman, where craftsmen made saddles, bridles, spurs and “arms of every kind”.

Today, in the centre of Kerman, the former caravanserai building forms part of the Ganjali Khan Complex, which incorporates a bazaar, bathhouse and mosque.

Uzbekistan

A fort in Khiva, Uzbekistan. Photo: Alamy
A fort in Khiva, Uzbekistan. Photo: Alamy

The double-landlocked country boasts some of the Silk Road’s most fabled destinations. Forts, such as the one still standing at Khiva, were built to protect traders from bandits; in fact, the city is so well-preserved, it is known as the Museum under the Sky.

The name Samarkand is also deeply entangled with the history of the Silk Road.

The earliest evidence of silk being used outside China can be traced to Bactria, now part of modern Uzbekistan, where four graves from around 1500BC-1200BC contained skeletons wrapped in garments made from the fabric.

Three thousand years later, silk weaving and the production and trade of textiles remain one of Samarkand’s major industries.

Georgia

A street in old town of Tbilisi, Georgia. Photo: Alamy
A street in old town of Tbilisi, Georgia. Photo: Alamy

Security issues in Persia led to the opening up of another branch of the legendary trade route and the first caravan loaded with silk made its way across Georgia in AD568.

Marco Polo referred to the weaving of raw silk in “a very large and fine city called Tbilisi”.

Today, the capital has shaken off the Soviet shackles and is on the cusp of going viral.

Travellers lap up the city’s monaster­ies, walled fortresses and 1,000-year-old churches before heading up the Georgian Military Highway to stay in villages nestling in the soaring Caucasus Mountains.

Public minibuses known as marshrutka labour into the foothills and although the vehicles can get cramped and uncomfortable, they beat travelling by camel.

Jordan

Petra, in Jordan. Photo: Alamy
Petra, in Jordan. Photo: Alamy

The location of the Nabataean capital, Petra, wasn’t chosen by chance.

Savvy nomadic herders realised the site would make the perfect pit-stop at the confluence of several caravan trails, including a route to the north through Palmyra (in modern-day Syria), the Arabian peninsula to the south and Mediterranean ports to the west.

Huge payments in the form of taxes and protection money were collected – no wonder the most magnificent of the sand­stone city’s hand-carved buildings is called the Treasury.

The Red Rose City is still a gold mine – today’s tourists pay a hefty

US$70 fee to enter Petra

. The Nabataeans would no doubt approve.

Venice

Tourists crowd onto Venice’s Rialto Bridge. Photo: Alamy
Tourists crowd onto Venice’s Rialto Bridge. Photo: Alamy

Trade enriched Venice beyond measure, helping shape the Adriatic entrepot into the floating marvel we see today.

Besides the well-documented flow of goods heading west, consignments of cotton, ivory, animal furs, grapevines and other goods passed through the strategically sited port on their way east.

Ironically, for a city built on trade and taxes, the biggest problem Venice faces today is visitors who don’t contribute enough to the local economy.

A lack of spending by millions of day-tripping tourists and cruise passengers who aren’t liable for nightly hotel taxes has prompted authorities to introduce a citywide access fee from January 2020.

Two thousand years ago, tariffs and tolls helped Venice develop and prosper. Now they’re needed to prevent its demise.

Source: SCMP

05/07/2019

Chinese president appoints new ambassadors

BEIJING, July 4 (Xinhua) — Chinese President Xi Jinping has appointed six new ambassadors in accordance with a decision by the Standing Committee of the National People’s Congress, according to a statement from the national legislature Thursday.

Chen Hai was appointed ambassador to Myanmar, replacing Hong Liang.

Chang Hua was appointed ambassador to Iran, replacing Pang Sen.

Liao Liqiang was appointed ambassador to Egypt, replacing Song Aiguo.

Xu Erwen was appointed ambassador to Croatia, replacing Hu Zhaoming.

Yi Xianliang was appointed ambassador to Norway, replacing Wang Min.

Chen Xu was appointed China’s permanent representative and ambassador to the United Nations Office at Geneva and other international organizations in Switzerland, replacing Yu Jianhua.

Source: Xinhua

28/06/2019

Xi puts forward 3-point proposal on developing China-African relations

JAPAN-OSAKA-XI JINPING-CHINA-AFRICA-LEADERS-MEETING

Chinese President Xi Jinping chairs a China-Africa leaders’ meeting in Osaka, Japan, June 28, 2019. The meeting was also attended by South African President Cyril Ramaphosa, also former African co-chair of the Forum on China-Africa Cooperation (FOCAC); Egyptian President Abdel-Fattah al-Sisi, also rotating chair of the African Union; Senegalese President Macky Sall, current African co-chair of the FOCAC; and UN Secretary-General Antonio Guterres. (Xinhua/Pang Xinglei)

OSAKA, June 28 (Xinhua) — Chinese President Xi Jinping put forward here Friday a three-point proposal on building a closer community with a shared future between China and African countries.

On the sidelines of the Group of 20 summit in the Japanese city of Osaka, Xi chaired a China-Africa leaders’ meeting, which was also attended by South African President Cyril Ramaphosa, also former African co-chair of the Forum on China-Africa Cooperation (FOCAC); Egyptian President Abdel-Fattah al-Sisi, also rotating chair of the African Union; Senegalese President Macky Sall, current African co-chair of the FOCAC; and UN Secretary-General Antonio Guterres.

Source: Xinhua

27/06/2019

China’s growing demand for clean energy and natural gas sparks contest in the Middle East

  • First Qatar, and now Saudi Arabia, are competing to dominate China’s fast-growing natural gas market, already the third largest in the world, as Beijing encourages the switch from coal to cleaner, greener energy
  • A PetroChina LNG tank at Rudong port in Nantong, Jiangsu province. China’s massive and rapidly growing appetite for natural gas is sparking off a scramble in the Middle East, as energy producers compete to become the biggest player in the market. Photo: Reuters
    A PetroChina LNG tank at Rudong port in Nantong, Jiangsu province. China’s massive and rapidly growing appetite for natural gas is sparking off a scramble in the Middle East, as energy producers compete to become the biggest player in the market. Photo: Reuters
    As more countries turn towards clean energy, the geoeconomic impact of natural gas as a fuel has become second only to that of oil. Over the past decade, the global demand for this carbon-free energy source has risen considerably and one major buyer is China.
    The third largest global market for natural gas, China has implemented government policies to replace the use of coal as fuel and millions of households are switching over to clean energy. Consequently, China’s market for gas expanded by a record 43 billion cubic metres last year to reach 280 billion cubic metres at the end of 2018.
    With the recent

    tax cuts in April

    , China’s gas consumption should continue to grow in the year ahead. As the demand spirals further, natural gas consumption in China is estimated to grow to around 620 billion cubic metres in 2030.

    Prioritising its energy security, Beijing last year approved a 22-year gas supply deal between QatarGas and PetroChina International Co. The agreement is PetroChina’s largest LNG supply deal by volume, and will provide 3.4 million tonnes of liquefied natural gas annually.
    With this deal, which QatarGas initiated with Total and ExxonMobil Corp as partners, Qatar achieved regional dominance and filled a vacuum left by major gas producer Iran, currently the target of US sanctions. Interestingly, Beijing has also unwittingly sparked off a competition between Qatar and Saudi Arabia, the kingpins of the Middle Eastern energy industry.
    A vessel carrying Qatar LNG looking to berth in Shenzhen, China last August. Qatar’s recent deal highlighted the massive and growing Chinese appetite for natural gas. Photo: Reuters
    A vessel carrying Qatar LNG looking to berth in Shenzhen, China last August. Qatar’s recent deal highlighted the massive and growing Chinese appetite for natural gas. Photo: Reuters
    China to become world’s top natural gas importer in 2019: report
    By exporting gas, as well as oil, Qatar sail unruffled through the

    economic and diplomatic boycott

    imposed by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt in June 2017, over allegations that Qatar supports terrorism and is friendly with Iran, which the region sees as an enemy. Qatar denies this. Meantime, Qatar plans to further increase its gas output. To attract more buyers, it is offering attractive long-term supply contracts to other countries in the region.

    Inspired by the success of Qatar Gas, Saudi Arabia has stepped up its efforts to capture this new market. The Saudi state-owned oil giant Aramco plans to build an “energy bridge” between Saudi Arabia and China to better meet Beijing’s growing requirements for oil, gas, including LNG, said Aramco’s chief executive Amin Nasser at an industry event in Beijing in March.

    Aramco, already a major supplier of crude oil to China, would need to invest US$150 billion over the next decade to realise its plans to convert crude oil into chemicals, and eventually become a gas producer. “We need to help our stakeholders – including here in China and the wider Asia region – realise that oil and gas will remain vital to world energy for decades to come,” said Nasser.

    An Aramco employee near an oil tank in Saudi Arabia. Aramco has grand ambitions to become a major producer of natural gas. Photo: Reuters
    An Aramco employee near an oil tank in Saudi Arabia. Aramco has grand ambitions to become a major producer of natural gas. Photo: Reuters

    The vision of Saudi Arabia as a major natural gas producer is in in line with Saudi Crown Prince Mohammed bin Salman’s economic plan Vision 2030. Riyadh has only Qatar to beat, with Iran on the back foot. Under sanctions pressure, Tehran, despite plans to increase gas exports, has clung on to just 1 per cent of the natural gas market, exporting 36.24 million cubic metres daily. Yet Iran was once part of the so-called regional gas troika along with Russia and Qatar, and is located at the cusp of several energy transit corridors. China, defying sanctions, continues to buy oil from Iran.

    In around five years, Riyadh could become a major gas exporter. Saudi Arabia has already replaced Iran as the main energy provider in countries such as China, Pakistan and India, and has made huge investments in energy projects in these countries.

    However, Qatar is also playing smart, sharply lowering its prices to clinch deals and make the right business connections. The competition for the growing natural gas market is a long game. The main possible setback for Riyadh is that its gas reserves do not match those in Qatar and Iran.

    Source: SCMP

20/04/2019

Xi to address Belt and Road forum next week: FM

CHINA-BEIJING-BRF-PRESS BRIEFING (CN)

Chinese State Councilor and Foreign Minister Wang Yi (C) speaks during a press briefing for the second Belt and Road Forum for International Cooperation (BRF) in Beijing, capital of China, April 19, 2019. The second Belt and Road Forum for International Cooperation will be held from April 25 to 27 in Beijing, Wang Yi announced Friday. (Xinhua/Zhai Jianlan)

BEIJING, April 19 (Xinhua) — Chinese President Xi Jinping will deliver a keynote speech at the second Belt and Road Forum for International Cooperation (BRF) to be held from April 25 to 27 in Beijing, State Councilor and Foreign Minister Wang Yi announced Friday.

Leaders including heads of state and government from 37 countries will attend the forum’s roundtable summit, Wang told a press briefing.

Wang said 12 thematic forums and a CEO conference would be held on April 25, the opening ceremony and a high-level meeting on April 26, and the leaders’ roundtable on April 27.

Xi will attend the opening ceremony and deliver a keynote speech. He will also chair the leaders’ roundtable and brief media from home and abroad about the outcomes after the roundtable, Wang said, adding that Xi and his wife Peng Liyuan will also hold a welcoming banquet for the leaders and representatives.

According to Wang, the 37 countries are Austria, Azerbaijan, Belarus, Brunei, Cambodia, Chile, Cyprus, Czech Republic, Djibouti, Egypt, Ethiopia, Greece, Hungary, Indonesia, Italy, Kazakhstan, Kenya, Kyrgyzstan, Laos, Malaysia, Mongolia, Mozambique, Myanmar, Nepal, Pakistan, Papua New Guinea, the Philippines, Portugal, Russia, Serbia, Singapore, Switzerland, Tajikistan, Thailand, the United Arab Emirates, Uzbekistan and Vietnam.

The secretary-general of the United Nations and the managing director of the International Monetary Fund will attend the forum, Wang said, adding that senior representatives of France, Germany, Britain, Spain, Japan, the Republic of Korea and the European Union will also participate.

Noting that the BRF is the top-level platform for international cooperation under the framework of the Belt and Road Initiative, Wang said the conference next week would be of landmark significance.

The theme of the second BRF is “Belt and Road Cooperation, Shaping a Brighter Shared Future.” Wang said the main purpose is to promote the high-quality development of Belt and Road cooperation, which is the common aspiration of countries participating in the initiative.

Speaking highly of the fruitful results yielded since the initiative was launched in 2013, Wang said the second BRF was greatly welcomed worldwide with some 5,000 participants from more than 150 countries and 90 international organizations having confirmed their attendance, covering areas from five continents and different walks of life such as government, civil society, business and academia.

According to Wang, this year’s forum will have 12 thematic forums, twice of that during the first forum in 2017, and the CEO conference will be held for the first time. A joint communique will be released after the leaders’ roundtable and other consensus reached during the forum will be issued in a report.

The Belt and Road Initiative, proposed by Xi in 2013, aims at enhancing all-around connectivity through infrastructure construction, exploring new driving force for the world economic growth, and building a new platform for world economic cooperation, according to Wang.

Stressing that Xi and leaders from other countries blueprinted the initiative in 2017, Wang said the progress in the past two years shows that the initiative conforms to the trend of the times featuring peace, development, cooperation and win-win and accords with the common aspiration of openness and joint development of all countries.

“As the host country, we will maintain close communication and coordination with all parties to prepare for the forum with openness, inclusiveness and transparency, upholding the principle of consultation and cooperation for shared benefits,” Wang said.

He said the forum would voice the firm support for multilateralism and an open world economy, enrich the principles of cooperation of the Belt and Road Initiative, build a network of partnership, and establish more mechanisms for high-quality development.

Bilateral, trilateral and multilateral cooperation has been reinforcing each other under the initiative, laying a solid foundation for a closer and more wide-ranging partnership, he said.

Wang said China will showcase the outcomes and introduce the measures of its reform and opening-up to the world, adding that this will allow China to share the dividends of its economic growth, promote the Belt and Road Initiative, and bring more opportunities to the development of all countries as well as the building of the Belt and Road.

“I believe that the forum will inject stronger impetus into the world economy, open even broader horizon for the development of the countries, and contribute to the building of a community with a shared future for humanity, ” said Wang.

Source: Xinhua

26/03/2019

China, Egypt to further enhance defense cooperation

EGYPT-CAIRO-SISI-WEI FENGHE-MEETING

Egyptian President Abdel-Fattah al-Sisi (R) meets with visiting Chinese State Councilor and Minister of National Defense Wei Fenghe (L) in Cairo, Egypt, March 25, 2019. (Xinhua)

CAIRO, March 25 (Xinhua) — Egyptian President Abdel-Fattah al-Sisi pledged to further enhance defense cooperation with China during his meeting with visiting Chinese State Councilor and Minister of National Defense Wei Fenghe on Monday.

During the meeting, Sisi recalled the long-standing China-Egypt relation during which the two sides had achieved fruitful results from their cooperation in all fields and highlighted China’s contribution to world peace.

He hailed China’s great achievements in its development, saying that Egypt firmly supports the Belt and Road Initiative and expects to enhance cooperation in the field of infrastructure construction with the Chinese side.

Sisi also expressed his hope that the two sides can further enhance defense cooperation and conduct more cooperation in the fields of counter terrorism, joint military drills, armed forces buildup as well as defense industry.

Noting that the friendship between China and Egypt has a long history, Wei highlighted the comprehensive strategic partnership between the two countries, adding that it has gone deeper and achieved pragmatic results.

Wei said that China appreciates Egypt’s important role in international and regional issues, supports Egypt’s efforts to defend its independence and sovereignty, adding that China is ready to enhance cooperation and work together with Egypt to promote the Belt and Road Initiative to achieve better and faster development of bilateral relations.

Under the leadership of the two heads of state, the military cooperation between China and Egypt has achieved fruitful results. “We are willing to work together with the Egyptian armed forces to implement important consensus between the two leaders and develop a higher level of relations between the two armies,” Wei said.

Wei also met with Egyptian Defense Minister Mohamed Zaki on Sunday.

Source: Xinhua

14/01/2019

Spotlight: Belt and Road Cooperation Research Center inaugurated in Cairo

EGYPT-CAIRO-BELT AND ROAD COOPERATION RESEARCH CENTER-INAUGURATION

Chinese Ambassador to Egypt Song Aiguo addresses the opening ceremony of the Belt and Road Cooperation Research Center in Cairo, Egypt, Jan. 13, 2019. China’s Renmin University and Egypt’s Ain Shams University on Sunday inaugurated the Belt and Road Cooperation Research Center in the Egyptian capital Cairo. (Xinhua/Ahmed Gomaa)

by Ahmed Shafiq

CAIRO, Jan. 13 (Xinhua) — China’s Renmin University and Egypt’s Ain Shams University on Sunday inaugurated the Belt and Road Cooperation Research Center in the Egyptian capital Cairo.

During the opening ceremony, President of Ain Shams University Abdel Wahab Ezzat said that establishing the center came after one-year negotiations, which resulted in a Memorandum of Understanding that his university signed with Liu Wei, president of the Renmin University.

“This is the second center of its kind after a similar one was established in Russia,” he said, adding that the center aims at conducting economic, commercial and technical studies for projects and cooperation between Egypt and China.

For his part, Liu lauded the establishment of the center in cooperation with Ain Shams University.

“Egypt and China are countries with ancient civilizations…We were connected in the past by the maritime Silk Road which reached Alexandria,” he said, referring to the northern Egyptian port city.

Liu added that the new center is a cornerstone for increased cooperation between the two countries, mainly in the field of economy.

“Ain Shams is one of the great universities which started its relations with China through establishing Chinese Language Department. It is considered one of the largest and oldest Chinese language departments in the world,” he said.

Liu noted that thousands of Egyptians have graduated from the department and played key roles in promoting cultural exchanges between Egypt and China.

“Renmin University … has valuable researchers,” he said, adding that the two universities signed an agreement in 2018 which represented the starting point of mutual cooperation.

“I hope this center will be a bridge linking Egypt and China for increasing cultural and economic ties,” Liu said.

Chinese Ambassador to Egypt Song Aiguo said the Belt and Road Initiative (BRI) is a huge project that calls for large-scale cooperation in vast regions across the world.

“It is important for China and other countries to make great efforts to make this happen,” he spoke at the inauguration ceremony. “We should enjoy the benefits of the BRI.”

Proposed by China in 2013, the BRI refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which aims to build a trade and infrastructure network connecting Asia with Europe, Africa and beyond along the ancient trade routes of the Silk Road.

The ambassador said that when the initiative was proposed, it received positive response from a large number of countries in Asia, Africa and Europe.

“Egypt is a very close friend of China. Today we can conduct better cooperation for the future of our countries,” Song said.

He added that as Egypt is working hard to raise living standard of its people and improve its economy, Egypt and China face great opportunities to boost cooperation in this regard.

“If we want to do a good job, we should first make a good academic study of cooperation…That’s why the inauguration of the center is of great importance,” the ambassador said.

“I wish that we will benefit a lot from the ideas of this center,” he added.

After upgrading the relations between China and Egypt to a comprehensive strategic partnership in 2014, cultural exchanges have been growing between the two sides.

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