Egyptian goods exempt from China’s customs duties
The Chinese Ambassador to Cairo Liao Liqiang said on Sunday that the Chinese government issued a decree exempting Egyptian goods from customs duties upon entry into the Chinese market.
The move seeks to promote further high-quality Egyptian products and the volume of trade between the two sides, with Liqiang stating that China has been Egypt’s largest trading partner for 13 consecutive years.
During the Egyptian-Chinese Investment Forum, Liao emphasized the depth of economic relations between the two countries and the agreement to enhance cooperation across various investment and industrial sectors.
The ambassador noted that China recently received distinctive Egyptian products such as dates and frozen strawberries.
Liao added that China is also among the most active investors in the Egyptian market, with more than 2,800 Chinese companies operating in various sectors, in addition to the Chinese industrial zone in the Suez Canal Economic Zone, which houses approximately 190 companies with investments exceeding three billion dollars.