China and Egypt Further Deepen Comprehensive Strategic Partnership
NEWS AGENCY:
Xinhua News Agency
DATE OF NEWS:
September 2, 2026
On September 1 and 2, 2026, the Chinese President paid a state visit to Egypt at the invitation of the Egyptian President. Following official talks between the two Presidents, the two sides issued the Joint Statement between the People’s Republic of China and the Arab Republic of Egypt on Deepening the China-Egypt Comprehensive Strategic Partnership (the “Statement”).
According to the Statement, the two sides agreed to support the development of the Suez Canal Economic Zone, and encouraged enterprises from both countries to engage in joint projects across various sectors. They also encouraged Chinese enterprises to expand cooperation in industrial localization in fields such as renewable energy and seawater desalination, while also expanding collaboration in advanced technology and other areas, including semiconductors, critical mineral supply chains, and automotive manufacturing. With regard to financial cooperation, the two sides welcomed the renewal and expansion of the bilateral currency swap agreement, and encouraged financial institutions in both countries to support industrial investments, infrastructure projects, and the green and digital transitions.
The Statement provides a broader and more stable framework for China-Egypt cooperation, facilitating closer economic ties, stronger trade and investment ties, and deeper collaboration in infrastructure, energy, manufacturing, finance, and emerging industries.
Reference:
