May 20, 2013
The week's top five must-sees,
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The week's top five must-sees,
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Associated Press | Mar 13
China's National People's Congress sealed the country's once-in-a-decade leadership transition by formally confirming Xi Jinping as China's new pre...
Yul Kwon:
Egyptian President Mohammed Morsi has concluded a 3-day visit to China. It's his first visit outside of the Middle East since becoming president. So choosing to go to China on his first official visit could be seen as a sign that Morsi wants Egypt to "pivot" away from relying so heavily on US aid. China's state broadcaster CCTV has this report.
Reporter:
Significant and groundbreaking. That's how top legislator, Wu Bangguo, regards his visit to China. The first state visit outside the Arab world. Morsi is accompanied by a group of Egyption business leaders, showing his determination to revive the country's economy after the turmoil. Morsi and Premier Wen Jiabao agreed to extend economic and trade cooperation. Wen told his guest how important his trip is.
Premier Wen Jiabao:
Your visit to China is a huge success. It's a historic move for both countries.
Mohamed Morsi:
I'm so glad that this trip has brought Sino-Egyption relations to a new level. I believe that bilateral relations will definitely be better in the future.
Reporter:
Vice President Xi Jinping also held talks with Morsi. Xi says Morsi's trip is an important one after the social unrest in Egypt.
Vice President Xi Jinping:
Your visit to China is the most important one between China and Egypt after the political transition in your country.
Reporter:
Egypt and China have managed to maintain steady and robust cooperation throughout the years. Egypt has long served as a bridge between China and the Arab world. Last year, Chinese investment in Egypt surged through 80 million US dollars. Up 6 percent from 2010. Now the two sides have agreed to proceed with the construction of big projects such as the Suez trade cooperation area, and it has cooperation in a variety of areas including agriculture, transportation, energy and finance. Deepening economic cooperation is the main priority of Morsi's visit to China this time. The two governments have signed 8 cooperative agreements covering agriculture, trade and financing, infrastructure, and tourism. All those have lifted the Egyptian-Sino strategic partnership to a new level. Hou Na, CCTV. Great Hall of the People.
