{"id":668272,"date":"2025-07-13T00:00:00","date_gmt":"2025-07-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/13\/chinese-premier-li-qiang-concludes-visit-with-a-handful-of-agreements\/"},"modified":"2025-07-13T00:00:00","modified_gmt":"2025-07-13T00:00:00","slug":"chinese-premier-li-qiang-concludes-visit-with-a-handful-of-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/13\/chinese-premier-li-qiang-concludes-visit-with-a-handful-of-agreements\/","title":{"rendered":"Chinese Premier Li Qiang concludes visit with a handful of agreements"},"content":{"rendered":"

Brace for more Egyptian-Chinese cooperation: <\/strong>Chinese Premier Li Qiang wrapped up his two-day visit to Egypt on Thursday with high-level meetings and overseeing the signing of a handful of cooperation documents<\/a> between the government and the China International Development Cooperation Agency (CIDCA) \u2014 they include: <\/p>\n

#1- An MoU on the first development cooperation strategy between the two sides <\/strong>from 2025-2029. The strategy aims to promote development cooperation in priority sectors \u2014 healthcare, connectivity, climate change and green development, digital economy, space, education, and industrial localization<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

#2- A framework agreement for the first phase of a debt swap for development program<\/strong>, which activates a 2023 MoU. \u201cEgypt is the first country with which CIDCA has entered into this kind of development financing agreement,\u201d according to the Planning and International Cooperation Ministry.<\/p>\n

AND- <\/strong>The two sides inked an exchange of letters for a CNY 1.5 mn (c. USD 212k) feasibility study grant for a project to set up a prosthetics system, an MoU boosting cooperation in human resource development \u2014 under which the Chinese side will train some 2k Egyptians \u2014 and an exchange of letters for a grant to set up a biosafety lab. <\/p>\n

ALSO- <\/strong>The Central Bank of Egypt and the People's Bank of China inked an MoU<\/a> to boost local currency use when it comes to settling cross-border transactions and exchange information and professional expertise in monetary policy, financial markets, electronic payment systems and more. <\/p>\n

Addressing the trade imbalance: <\/strong>Prime Minister Moustafa Madbouly pointed to the need to address the trade imbalance between the two countries through opening the Chinese market to more Egyptian exports, he told Li during meeting<\/a> that also included Investment Minister Hassan El Khatib, Planning Minister Rania Al Mashat, and Finance Minister Ahmed Kouchouk. <\/p>\n

Madbouly expressed his hope for more cooperation between the two countries <\/strong>to localize Chinese industry, namely in solar energy project components, EVs, and seawater desalination. <\/p>\n

Meanwhile, Li expressed the Chinese side\u2019s desire to boost investment cooperation<\/strong> in renewables, industry, AI, and the digital economy, as well as deepen cooperation in the financial sector. <\/p>\n","protected":false},"excerpt":{"rendered":"

The two sides inked an MoU on the first development cooperation strategy<\/p>\n","protected":false},"author":1,"featured_media":668273,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[116,168,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-668272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-china","tag-diplomacy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f3a86209-5110-4033-b718-53c268631f6f","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/711.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Chinese Premier Li Qiang concludes Egypt visit with a handful of agreements","related_issue":[668257],"teaser":"The two sides inked an MoU on the first development cooperation strategy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.96ee0a0d-7334-444b-b379-fc7ce1ca610c.mp3"},"yoast_head":"\nChinese Premier Li Qiang concludes visit with a handful of agreements - 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The meetings kicked off with talks with Japanese Prime Minister Shinzo Abe, with a focus on education, culture, technology, energy, and transport\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2250.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571966,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/egyptian-fm-shoukry-chinese-counterpart-discuss-cooperation-gerd-talks\/","url_meta":{"origin":668272,"position":4},"title":"Egyptian FM Shoukry, Chinese counterpart discuss cooperation, GERD talks","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"Shoukry, Chinese FM talk GERD: Foreign Minister Sameh Shoukry gave his Chinese counterpart Wang Yi the latest on the Grand Ethiopian Renaissance Dam (GERD) negotiations between Egypt, Ethiopia, and Sudan in a phone call on Thursday. China is the latest to join Sudan, the EU, the UN, and the US\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597556,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/more-investment-planned-between-egyptian-and-chinese-companies\/","url_meta":{"origin":668272,"position":5},"title":"More investment planned between Egyptian and Chinese companies","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"More investment, cooperation planned between Egyptian and Chinese companies: The Chinese Council for Promoting South-South Cooperation (CPSSC) intends to increase trade and investment between Egyptian and Chinese companies, CPSSC Chairman Lyu Xinhua said at the Chinese-Egyptian Business Forum in Cairo on Sunday, Xinhua reports. Some 19 Chinese companies and 20\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/668272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=668272"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/668272\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/668257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/668273"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=668272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=668272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=668272"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=668272"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=668272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}