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"Chinese companies have been pioneering the development of Egypt's Suez Canal Economic Zone (SCZone), while further contracts with giant Chinese companies of heavy industries are expected to be announced soon," newly-appointed Chairman of the SCZone Yehia Zaki told Xinhua in a recent interview.
"China's ability to overcome the current crisis and continue with long-term plans will demonstrate national resilience," she said.
"Construction machinery sales typically peak in February, March and April, contributing almost 40 percent to 50 percent to the industry's annual revenue," he said. "We expect the growth rate will start to slow down in the third quarter to a normal level, as the effect of a low comparison base fades."
"Currently, many local governments have good practices for reducing the operating expenses of SMEs, such as deferred payment of social security funds and lower costs for SMEs renting State-owned properties," Huang said.
"China's asset management industry has witnessed astonishing development by leaps and bounds in recent years, and we have faith that such growth will remain robust in the medium and long term," Shin added.