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In the economic sphere, Egypt needs China's experience particularly in the IT industry, while China eyes new markets in Africa via Egypt, he said.
PATH TO PEACE
"China is the only major state in the world that always supports Arab rights and causes because they are rightful. China also has a great influence on the balance of international relations," the Arab top diplomat continued, praising the Asian country for strongly supporting the Palestinian cause.
Facing the arduous task of structural reforms, five major tasks were identified -- cutting excessive industrial capacity; destocking; de-leveraging; lowering corporate costs; and improving weak links.
Both countries are facing a key period of economic mode transformation and structural adjustment, Xi said, calling on the sides to work together on the alignment between China's Silk Road Economic Belt construction and Russia-led Eurasian Economic Union (EEU).
来源：资阳报