Chinese business delegation to visit Cairo on Thursday

A Chinese economic delegation from the Chinese province Guangdong comprising 24 businessmen is to arrive on Thursday in Cairo to discuss areas of economic, investment and commercial cooperation with Egypt in the framework of Egyptian President Hosni Mubarak's invitation to Chinese businessmen during his recent visit to Peking to establish joint export and investment projects in different fields.

Ahmed Ragaei, the Egyptian undersecretary at the International Cooperation Ministry for Asia and Australia, said that Guangdong is considered one of the most important Chinese exporting areas as its export volume annually reaches 40% of China's trade with the external world.

He added that this province has relations with 180 countries in the world and economic and commercial cooperation with 70 countries.