| Introduction |
Just
like the old Silk Road has tied China and Egypt, the two great
civilizations together in the history, the increasing exchange
in political, economic, cultural and all other fields have made
the two sides of the world ever-close than any time in the history.
The Chinese City in Alexandria, the first Sino-Egypt project
of its kind is planned and devoted to a great epoch-making Sino-Egypt
relation while at the same time to promote mutual benefits for
both sides. |
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| If a country's strength resides less
in the physical resources at its disposal than in the speed
at which it adapts to change, Egypt in 2004 has grown far stronger
since it adopted a package of reform measures only a few decades
ago. |
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| In the early 1980s, Egypt began to upgrade the
national infrastructure: electricity, roads, ports, telecommunications
and basic services. Today, a modern and efficient infrastructure
network, which is a fundamental pre-requisite for increased
foreign and domestic investments, covers most of the country. |
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In
the 1990s, the government adopted a major and comprehensive
financial and economic reform program, ushering in an era of
efficient economic management and financial discipline. This
program set the foundations for a dynamic, high-growth economy.
Over the course of a decade, reforms have put in place a market-based,
liberal, privately led economy that is truly capable of facing
global competition in the twenty-first century. By revamping
market conditions, renewing and consolidating the infrastructure,
dismantling bureaucratic barriers and streamlining procedures,
Egypt is ensuring that its economy becomes one of the most open,
resilient and internationally integrated markets in the region,
and indeed worldwide. |
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| Egypt's economy is the second largest in the
Arab world, and the largest in North Africa. With a population
of nearly 70 million, Egypt is the largest Arab nation and one
of the most populous countries in the African continent. |
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| A major trade and trans-shipment destination,
it occupies the northeastern corner of Africa, sharing borders
with Libya to the west, Sudan to the south, and Palestine, Israel
and Jordan to the northeast. The Mediterranean laps at its northern
coast, while the Red Sea lies to the east. Situated at the crossroads
between Europe, Africa and Asia, at the heart of international
trade routes, it can competitively supply a market of one billion
people. |
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Tourism,
is on the increase once again as travelers flock to see the
world's most spectacular antiquities and enjoy its most breathtaking
beaches. Egypt's riches encompass cultural artifacts from the
Pharaonic, Coptic, Byzantine, Roman and Islamic eras. That our
visitors feel safe is perhaps the most eloquent testimony to
the success of security efforts and the anti-terrorism campaign. |
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| With its dependable climate and the abundant
water resources offered by the Nile, Egypt has always been one
of the world's richest agricultural areas. |
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