日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 亚洲欧洲在线观看 | 免费观看黄色一级视频 | 少妇无套高潮一二三区 | 欧美日韩精品一区二区 | 97成人超碰 | 欧美成人精品一区二区三区 | 天天操夜夜爽 | 午夜欧美在线 | 午夜黄色在线观看 | 日韩激情啪啪 | 欧美永久免费 | 日本一区二区三区在线观看视频 | 久久伊人色 | 性色av蜜臀av浪潮av老女人 | 国产成人91 | 欧美三级视频在线观看 | 亚洲综合在线视频 | 小舞的淫辱日记(h)小说 | 久久丝袜视频 | 伊人再见免费在线观看高清版 | 精品国产乱码久久久久久1区2区 | av在线毛片 | 欧美成人自拍视频 | 国产日韩视频在线观看 | 精品久久久久久久久久久国产字幕 | www.亚洲免费| 欧美成人一区二区三区四区 | 欧美中出| 亚洲热在线 | 日本少妇一区二区 | 国产第5页 | 天天插天天狠天天透 | 一级黄色免费片 | 亚洲黄色影视 | 黄色片在线观看视频 | 国产精品美女久久久 | 成年男女免费视频网站 | 亚洲天天 | 国产精品av久久久久久无 | 在线视频观看一区 | 精品动漫一区二区 |