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KING'S LASER Participate the 2020 Wuhan EGYPT 0nline Trade Fair

Oct 21, 2020

On October 20, "Wuhan EGYPT online trade fair" was successfully held in Wuhan Conference Center. Mr. Han Bing, counselor of Chinese Minister in Egypt, representatives of the Egyptian Chamber of Commerce in Cairo, Egyptian China Trade Center, Egyptian China Friendship Association, and relevant enterprises from Wuhan and Egypt attended the meeting online.

Wuhan conference site

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15 local enterprises go online to promote "made in Wuhan"

Egypt is the first African and Arab country to establish diplomatic relations with China, and the friendship between China and Egypt has a long history. One belt, one road initiative, China has become Egypt's largest trading partner with an annual trade volume of about US $13 billion.

In order to actively respond to the impact of the cancellation of relevant exhibitions and the reduction of overseas orders during the epidemic period on Wuhan enterprises' export trade to Egypt, the Wuhan Branch of CCPIT organized this online promotion activity. More than 100 people attended the conference in Wuhan and Cairo. A total of 15 enterprises in engineering design, mechanical and electrical equipment, construction and building materials, medicine and chemical industry, light industry, and other industries in our city made a presentation.

The participants introduced Wuhan's advantages in economic location, science, education and medical care, industrial scale, ecological resources, and other aspects to Egyptian entrepreneurs. She said that this year was an extraordinary year for Wuhan. Wuhan is speeding up the restoration of the order of economic and social development and accelerating the revitalization after the epidemic. The economic cooperation between China and Egypt is promising.

President of Cairo Chamber of Commerce: are we cooperating with Wuhan enterprises, not competing

Sameh SEK, vice president and spokesman of the Egyptian Chamber of Commerce in Cairo, said in his speech: "We are cooperating with Wuhan enterprises, not competing."

 "In 2019, the total import and export value of Wuhan will be 244.02 billion yuan, including 13.195 billion yuan from Egypt, 10.633 billion yuan from Egypt, and 2.562 billion yuan from Egypt." Sun Yuansong, President of one belt, one road Committee of Wuhan, said that China and Egypt have complementary advantages in terms of resource endowment, industrial structure, and industrialization level. They are compatible with each other at the strategic level. This provides a solid foundation and favorable conditions for investment and trade, production capacity cooperation, and joint construction of "one belt and one road".

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"The China Council for the promotion of international trade and the Egyptian Chamber of Commerce in Cairo jointly held this" Wuhan EGYPT online trade fair "to help both sides create a platform for exchanges and help enterprises in the two places reduce the impact of the epidemic. We hope to make this conference as an opportunity to open a new chapter of bilateral cooperation." Introduction by President sun.



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