Cooperation between Egypt and China is growing -Xinhua

Bilateral ties between Egypt and China have grown to become a comprehensive strategic partnership, driven in large part by China's Belt and Road initiative, Xinhua reports. Egypt is China’s third-largest trade partner in Africa in terms of volume. “The number of Chinese companies operating in Egypt increased from 30 in 2014 to more than 100 for the time being,” Han Bing, minister counselor for economic affairs with the Chinese embassy in Cairo, told Xinhua. China is already the single largest investor in SCZone, the report adds. Separately, a conference to promote Egypt’s tourism industry in China that aims to attract one mn Chinese tourists is set to launch on 20 May, according to Egypt Independent.