China International Import Expo: Egyptians look forward to participating in Shanghai event

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02:36

Egypt will be participating in the China International Import Expo this November. The expo aims to provide opportunities for foreign companies to export their products to China. Yasser Hakim looks at how Egyptians are looking forward to the event.

Trade between China and Egypt is in the range of $10 billion. The balance is heavily geared towards China. As 90% are Chinese exports to Egypt. That's why the China International Import Expo is considered a vital tool to open the market for Egyptian products. Amr Fatoh will be a member of Egypt's delegation at the next CIIE, to market his product.

AMR FATOH CEO, POLYEEPLAST "We produce polycarbonate sheets. It's like glass but much stronger. We can use in buildings, skylights, greenhouses, indoors, many applications. It's very strong product than glass."

Fatoh believes China provides the best opportunities for success.

AMR FATOH CEO, POLYEEPLAST "I'm still young but I've been to China for ten years. Since university, I go to China maybe six to eight times a year and Chinese people supported me when I made my factory in Egypt with equipment and experience."

Official figures show Egypt exports to China in 2017 is just over $400 million. They are mainly agricultural products, marble, ceramics, carpets, and chemicals. Fatoh believes companies here should do much better to earn a larger share in China.

AMR FATOH CEO, POLYEEPLAST "Market in China is a very big market in the world and also very important. We must work hard, good finishing and control our quality. China doesn't accept any bad quality."

YASSER HAKIM CAIRO "Relations between Egypt and China have been at its best in decades. Fatoh and others believe businessmen here should grab the opportunity at the CIIE to increase their exports and consolidate themselves in the Chinese market. Yasser Hakim, CGTN, Cairo."