Speaking at a Facebook Live press conference on Tuesday, the ambassador said the Egyptian economy achieved a growth rate of 3.6 percent to assume the first position in Africa, and the second in the Arab region.

Liao said the World Bank praised the economic reform measures taken by Egypt as 'successful', adding that Egypt's poverty rates decreased for the first time since 2000 according to Egyptian statistics.

He pointed out that a virtual meeting was held with Chairman of the Egyptian Space Agency Mohammed El Quosy last week on ways of promoting relations between the two countries in the field of higher education and scientific research.

A Chinese company started the production of facemasks in Egypt, the ambassador said, adding that this year witnessed fruitful cooperation between the two countries in the field of combating Covid-19.