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China has about 150,000 SOEs, which hold more than 100 trillion yuan (15.7 trillion U.S dollars) in assets and employ over 30 million people. Many have become ossified by declining profitability due to a lack of competition. Some earned the nickname "zombie enterprises," muddling along with government bailouts.
They exchanged views on high-level exchanges and cooperation in various fields including cross-border trade, culture and tourism.
"As President Xi says, China will neither look for proxies nor try to fill any 'vacuum' in the Middle East. It is a solemn promise to all in the Middle East, and it is also an unmistakable response to scepticism over China's Middle East policy," added Hua.
The two countries said that they oppose all kinds of use of force or threatening with the use of force, imposing unjust sanctions against other countries, and terrorism in any form.
During his stay in Cairo, Xi held talks Thursday morning with his Egyptian counterpart, Abdel-Fattah al-Sisi, during which they agreed to expand cooperation within the framework of the Belt and Road Initiative.
来源：资阳报