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Current Position:Home » News » General News » Topic

Egypt: CIIE and Belt & Road initiative will open Chinese markets

Zoom in font  Zoom out font Published: 2018-11-09  Views: 4
Core Tip: The nations of Egypt and China are clearly trying to open up to each other. Posters on Chinese shopping sites advertise Egyptian oranges, bathing in the African sun.
The nations of Egypt and China are clearly trying to open up to each other. Posters on Chinese shopping sites advertise Egyptian oranges, bathing in the African sun.
 
Talking about the significance of the CIIE, Rashad Abdel, economics professor at Cairo University, told the Global Times that it's worth recognizing that China is voluntarily opening its market and sharing the opportunity of development with the outside world. The CIIE will provide opportunities for entry on China’s huge market, development and employment opportunities to developing countries, he said.
 
Only a few years ago, Ashraf Eladwy, chief of Nile Establishment for International Trade, could not imagine selling the oranges to China. Now the Chinese market has become increasingly important for his company. Eladwy learned about the huge potential of the Chinese market in 2015 when he was attending an international fruit and vegetable exposition in Hong Kong.
 
He said he initially thought it would be difficult to enter the Chinese market, but things turned out to be very smooth. The openness of the Chinese market was beyond his expectations, as long as the products' quality meet with the requirements. When he was researching the Chinese market, he also saw a lot of fruits imported from other countries, including Philippine bananas, Vietnamese pitaya, New Zealand kiwi and Chilean cherries.
 
 
 
 
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