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Address by President Xi Jinping of China
State Councilor Yang Jiechi also met with Hammond Wednesday, the end of his two-day visit.
China, Xi said, attaches great importance to its ties with Egypt, and supports the Arab country's efforts to restore stability and choose a development path that fits its own conditions.
"China has no intention of stimulating exports via competitive devaluation of currencies," he said, adding that China is capable of keeping the yuan's exchange rate basically stable at an appropriate and balanced level.
Creation of the company is expected to finalize later in March 2016, with the approval from the Council of State Shareholdings and the signature of its shareholding pact.
来源：资阳报