久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

China, Egypt zone in Tianjin to expand

By Zhang Min and Wang Yu (China Daily) Updated: 2016-06-28 08:22

As companies are embracing opportunities made possible by China's Belt and Road Initiative, a leading Tianjin firm is not lagging behind.

The China-Egypt Suez Economic and Trade Cooperation Zone, whose construction by TEDA Investment Holding Co Ltd began in 2008, is poised to kick off its second phase of expansion, said Zhang Bingjun, chairman of the board of TEDA Holding.

Zhang was speaking on the sidelines of the Summer Davos Forum in Tianjin.

The zone is located at the south end of the Suez Canal and the west coast of the Red Sea, 120 km from Cairo. Both governments have also pointed out that the site is at the intersection of the Belt and Road Initiative's footprint and the New Suez Canal Economic Corridor. In January, President Xi Jinping and his Egyptian counterpart Abdel Fattah el-Sisi unveiled the nameplate of the second stage of the project at the zone.

"After the second-phase expansion, the zone is expected to accommodate 200 enterprises, attract $3 billion in investment, and reach $10 billion in annual revenue," Zhang said.

The construction is expected to finish in 15 years, and the zone will turn into an iconic project for the two countries' long-term economic cooperation. According to China's Ministry of Commerce, upon the zone's completion, it will provide up to 40,000 jobs for locals.

Liu Gang, a professor at Binhai Development Research Institute at Nankai University, Tianjin, said that in pursuing the "Going Global (strategy)", Chinese enterprises like TEDA can reduce production costs by the efficient use of local resources and labor forces. Although "Going Global" is a national strategy, the result of global expansion is profitable and beneficial for enterprises.

According to Zhang, an initial 1.34-square-km area has been developed, and 68 enterprises, including 90 percent Chinese-funded ones, have entered the zone. It has created more than 2,000 job opportunities for local workers, attracted about $1 billion in investments, reached $150 million in annual revenue, and paid 200 million Egyptian pounds ($22.5 million) in taxes.

One firm looking to invest in the area is the Shanxi Dayun Group, which just signed a contract to enter the zone and promised to invest $30 million and produce 500,000 motorcycles annually.

Public transportation and energy supplies to the second stage of the project are already in place.

Ni Yuchen contributed to this story.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品视频一区在线观看 | fc2久久 | 好吊妞国产欧美日韩视频 | 91成人国产网站在线观看 | 成人在线一区二区 | 久久视频这里只精品3国产 久久视频这里只有精品 | 美女一级毛片毛片在线播放 | 亚洲精品中文字幕字幕 | 国产成人综合久久精品红 | 日韩日韩日韩手机看片自拍 | 性欧美成人依依影院 | 久久久久国产成人精品 | 亚洲精选在线观看 | 亚洲精品人成网在线播放影院 | 欧美黄免在线播放 | 国产一级在线现免费观看 | 欧美一级毛片aaa片 欧美一级毛片不卡免费观看 | 在线观看国产一级强片 | 久草视频在线免费播放 | 欧美亚洲一区二区三区 | 黄色成人在线 | 久久欧美精品欧美九久欧美 | 久久99精品免费视频 | 国产成人综合精品一区 | 暖暖免费高清日本一区二区三区 | 欧美国产日韩在线播放 | 毛片免费在线观看 | 国产第一区二区三区在线观看 | 亚洲性无码av在线 | 欧美三级观看 | 国产精品视频网址 | 成年女人免费看片 | 国产精品一国产精品免费 | 国产一级毛片网站 | 欧洲女同互慰在线视频 | 男女交性拍拍拍高清视频 | 亚洲一级片免费看 | 日韩中文字幕在线看 | 成年午夜性爽快免费视频不卡 | 特级一级全黄毛片免费 | 免费人成网站免费看视频 |