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Overcapacity should be reduced and outdated capacity be phased out, said Ma, calling for vigorous promotion of mergers and acquisitions as well as bankruptcy and reorganizations during this process.

First winner gets a financial prize of 20,000 Egyptian pounds, two winners in the second place get 10,000 pounds each, five winners in the third place get 3,000 pounds each and 10 winners in the fourth place get 1,000 pounds each. (1 U.S. dollar = 8.88 Egyptian pound)

BEIJING, May 16 (Xinhua) -- Chinese Premier Li Keqiang has demanded "fertile soil" for innovation and entrepreneurship and called for more efforts to discover and support inventors.

"Foreign trade is an important part of the national economy, and also a vital driving force of economic growth. Stabilizing foreign trade and making it stronger are key to ensuring the economy runs smoothly," the guidelines said.

The theme of the logo should express the friendship and comprehensive strategic relations between the two countries, said the statement.