36氪·2025-06-11 09:43Core Viewpoint - The article discusses the opportunities and challenges for Chinese companies in expanding into the North African market, particularly Egypt, highlighting the importance of economic cooperation and investment strategies [3][4][9]. Group 1: Event Overview - The "2025 China-North Africa (Egypt) Bilateral Investment Salon" was successfully held in Hangzhou, focusing on investment opportunities in North Africa and key issues related to industrial cooperation and business establishment [4][6]. - The event featured representatives from various companies, including Geely Automobile and Ningbo Bank, who shared their experiences and engaged in discussions with over 50 outbound enterprises [6][19]. Group 2: Economic Insights - Eman Hussien, the Economic Counselor from the Egyptian Consulate in Shanghai, emphasized Egypt's "Vision 2030" as crucial for economic growth, with a projected GDP increase of 5% by the end of 2025 due to ongoing reforms and supportive government policies [8][9]. - Egypt is positioned at a significant economic transformation juncture, with emerging opportunities across various sectors, aiming to attract foreign investment through effective measures in trade and currency [9][11]. Group 3: Strategic Initiatives - The Qiantang District Business Bureau highlighted its role as a vital area for Zhejiang's high-quality development and the establishment of the BRICS Special Economic Zone China Cooperation Center, which aims to enhance trade cooperation and investment in digital and green sectors [11][13]. - The Hangzhou Free Trade Zone, established in September 2020, covers 37.51 square kilometers and focuses on creating a favorable business environment for trade and investment, particularly in the digital economy [15]. Group 4: Company Strategies - Geely Automobile has integrated Egypt into its global "system going out" strategy, with its factory in Egypt expected to achieve an annual production capacity of approximately 30,000 units within three years [19]. - Zhu Xufeng, Executive Deputy General Manager of Geely's Financial Center, indicated plans for localized assembly of more vehicle models in Egypt [19]. - Zhuo Yi Intelligent, recognized as a national-level specialized and innovative small giant, is targeting the North African market, leveraging its technological advantages in tethered drones [21]. - Ningbo Bank has launched a one-stop "Overseas Services" platform to support Chinese enterprises in their overseas investments, covering all phases from investment to expansion [23].