Exclusive Interview The "the Belt and Road" Initiative Effectively Promotes the Economic Development of Jointly Constructed Countries -- Interview with Egyptian Economic Expert Jabala

2024-12-09

Walid Jabala, a member of the Egyptian Association of Political Economy, Statistics and Legislation, said in an interview with the Xinhua News Agency in Cairo a few days ago that the joint construction of the "the Belt and Road" has become the world's largest, broadest and most influential platform for international economic cooperation and has played an important role in promoting the economic development of the joint construction countries. Jabala praised the "the Belt and Road" initiative as a pioneering model for promoting global development, which has a transformative impact on infrastructure, trade and technology. He said: "The 'the Belt and Road' initiative promotes international trade, realizes wider and lower cost trade exchanges, develops industries that can create more employment opportunities, and opens up a new path for promoting global economic growth." Jabala stressed that China is committed to fair and mutually beneficial cooperation within the framework of the 'the Belt and Road' initiative, and seeks to share interests with all participants. He pointed out that the initiative not only develops infrastructure projects, but also focuses on areas such as health and education, covering many countries and advancing according to professional and carefully formulated plans. Jabala gave an example, from the Central Business District of Egypt's new administrative capital to the China Egypt Teda Suez Economic and Trade Cooperation Zone, through the joint construction of the "the Belt and Road" project with China, Egypt's economic development was boosted. In addition, Chinese companies actively participate in the construction of renewable energy projects in Egypt, which help improve Egypt's energy structure. Jabala believes that the "the Belt and Road" initiative has improved the development speed of the co built country. "This is achieved through infrastructure projects such as roads, ports and railways, which create employment opportunities for local residents and help improve their quality of life." He also said that the "the Belt and Road" initiative is committed to promoting foreign trade and helping to reduce inflation in participating countries. More and more Egyptians believe that China is a development partner that can help create employment opportunities and improve living standards Jabbala said. (New Society)

Edit:Yi Yi    Responsible editor:Li Nian

Source:www.new.cn

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