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Egypt widely seen as ‘friendly country’ and ‘strategic partner’: Global Times survey_我的网站

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A logo of Moore Threads at the 2025 World Artificial Intelligence Conference in Shanghai on July 28, 2025 Photo: VCG
    A logo of Moore Threads at the 2025 World Artificial Intelligence Conference in Shanghai on July 28, 2025 Photo: VCG
Chinese chipmaker Moore Threads, often described as "China's Nvidia" or "Nvidia alternative," reported fast revenue growth in the first half of 2026, which exceeded its entire 2025 full-year figure. The growth accompanied other domestic graphics processing unit (GPU) companies' gains, marking a clear shift toward profitability.
Moore Threads, China's GPU leader, reported 1.736 billion yuan ($257 million) in first-half revenue, up 147.42 percent year-on-year. Gross profit reached 989 million yuan, up 103.78 percent, while net losses attributable to shareholders narrowed sharply by 95.73 percent, according to the financial results released on Sunday.
The company attributed the strong growth to booming artificial intelligence (AI) demand for full-function GPUs and the accelerated commercialization of its Kuae intelligent computing clusters. 
Moore Threads maintained heavy research and development (R&D) spending of 769 million yuan in the first half, up 38.16 percent year-on-year, bringing cumulative investment since 2022 close to 5.9 billion yuan. As of the end of June, it filed 2,167 patent applications and held 788 authorized patents, which ranked among the top ranks of domestic GPU enterprises, the company said.
As a result of its investment in R&D, Moore Threads' flagship MTT S5000 GPUs have realized large-scale sales, with deployments in Beijing, Wuxi, Hangzhou and other cities. The first batch of intelligent computing clusters passed national security and reliability evaluations and achieved multiple "domestic chip training domestic models" breakthroughs. Its MUSA software stack now supports more than 800,000 developers.
Moore Threads also announced plans for an IPO in the Hong Kong market. It was listed on Shanghai's STAR Market on December 5, 2025.
"Chinese firms are increasingly turning to domestic suppliers, accelerating demand for local AI accelerators. Under the combined forces of surging inference computing needs and continued capital expenditure by major cloud providers, the domestic GPU and AI chip sectors are moving from an investment phase into a commercialization and profit-delivery phase," Yang Delong, chief economist at Shenzhen-based First Seafront Fund, told the Global Times on Sunday.
Biren, Moore Threads, MetaX and Enflame Technology are dubbed China's "four little dragons" in the GPU sector. Apart from Moore Threads, the other companies also showed rapid growth in their recent financial results.
In June, MetaX reported first-quarter revenue of 562 million yuan, up 75.37 percent year-on-year, and said that it had begun volume sales of its next-generation general-purpose GPU C600, representing further breakthroughs in the areas of domestic adaptation and supply chain autonomy control.
Enflame Technology reported 1,474.85 percent year-on-year growth in its revenue in the first quarter. The company estimated that its first-half revenue would grow 258.68-289.13 percent, likely to reach the level of the entire year of 2025. 
Domestic GPU company Biren in March released its first financial results after being listed in Hong Kong. It reported 207.2 percent full-year growth in revenue in 2025, with gross profit up 210.8 percent. 
Fellow AI chip leader Cambricon also delivered equally robust results on Friday. Its first-half revenue hit 5.996 billion yuan, up 108.13 percent year-on-year, while net profit attributable to shareholders rose 122.61 percent to 2.311 billion yuan. 
Growth was driven by deeper partnerships with leading financial and internet firms and scaled commercial deployments. Cambricon said that it completed adaptation support for major Chinese open-source AI models including GLM, DeepSeek, Qwen, Kimi and MiniMax, strengthening its domestic AI computing ecosystem.
Ma Jihua, a veteran industry insider, told the Global Times that multiple Chinese companies are advancing along different technological routes covering high-, mid- and low-end products. 
"With rapidly expanding capacity, they are better meeting domestic needs and beginning to reach global markets, thereby promoting more accessible AI," said Ma.
"The AI technology sector's high prosperity is expected to persist, remaining a core investment theme with substantial medium- and long-term opportunities," said Yang.
。    The year 2026 marks the 70th anniversary of the establishment of diplomatic relations between China and Egypt, as well as the 70th anniversary of diplomatic relations between China and Arab states. 
A recent survey on "How Chinese people view Egypt" conducted by the Global Times Institute found that Egypt's ancient civilization has left a deep impression on the Chinese public. 
Most respondents view Egypt as a friendly country or strategic partner, hold optimistic expectations for the future development of China-Egypt relations and strongly support deeper cooperation. Chinese and Egyptian experts said that Chinese people's favorable impressions of Egypt are rooted in both historical and current factors. 
The mutual respect and appreciation between China and Egypt for each other's civilizations and cultures, as well as practical cooperation between the two countries in various fields, have promoted the development of China-Egypt relations and shaped positive views of Egypt among Chinese people.
The survey was conducted from July 16 to 28 among ordinary people aged 18 to 69 across 31 provincial-level regions. 
A total of 1,845 valid questionnaires were collected, with sample support provided by professional market research company DATA 100. 
The data was weighted based on the gender and age structure of internet users in the 57th Statistical Report on China's Internet Development released by the China Internet Network Information Center in February 2026.
The landmarks in Egypt Photos: VCG
    The landmarks in Egypt Photos: VCGImpressive civilization

China-Egypt exchanges and cooperation have been active in multiple fields. In recent years, the two countries have held a variety of events, including cultural weeks, film festivals, cultural relic exhibitions and photo exhibitions, expanding people-to-people and cultural exchanges that have been warmly welcomed by people from both countries. 
Survey data shows that 85 percent of Chinese respondents have some degree of understanding of Egypt, including about 40 percent who are "very familiar" or "relatively familiar" with Egypt, while more than 40 percent have some basic knowledge of the country. The Global Times Institute conducted an in-depth study of the 1,845 respondents who had knowledge of Egypt.
China and Egypt are both among the world's four ancient civilizations. Egypt's ancient civilization heritage has left the deepest impression on Chinese respondents. When mentioning Egypt, 66 percent of respondents first thought of iconic elements of ancient civilization such as the pyramids, pharaohs, mummies and the Sphinx, while 39 percent associated Egypt with its status as an ancient civilization. Some respondents also thought of natural landscapes such as the Nile River (30 percent), the Suez Canal (20 percent), and the Red Sea/the Mediterranean Sea (8 percent). 
Egypt is not only a member of the African Union (AU), but also a founding member of the UN and holds other important international identities. In 2024, it officially joined the BRICS cooperation mechanism. 
Regarding Egypt's multiple international roles, nearly 80 percent of respondents were able to correctly identify at least one of them. Among these, respondents showed relatively high awareness of Egypt's role as a core leading country of the League of Arab States, a BRICS member and a major AU country, with recognition rates all exceeding 30 percent. 
In addition, more than 20 percent of respondents recognized Egypt's identity as a full member of the Organization of Islamic Cooperation and as a member of the Global South. As a founding member of the Arab League, Egypt has in recent years actively participated in ceasefire mediation, humanitarian aid coordination and dialogue efforts on Middle East hotspot issues such as the Gaza situation. More than 60 percent of respondents recognized Egypt's positive role in these efforts. 
Mira Ahmed, an Egyptian literary translator and a member of the World Council of Sinologists, told the Global Times that the high level of recognition of Egypt's ancient civilization among the Chinese public reflects the profound historical and cultural ties between the two countries. 
Both countries possess ancient civilizations spanning thousands of years and have made important contributions to the development of human civilization. In addition, the Egyptian and Chinese peoples have long had an understanding of each other's civilizations, with ancient civilizations serving as a common language between the two peoples and an important window for learning about each other's history and culture. 
Therefore, Chinese people's association of Egypt as "an ancient civilization" reflects the Chinese public's respect and admiration for the country's historical and cultural status.
Friendly country, strategic partner
China and Egypt established diplomatic relations in 1956, with Egypt becoming the first Arab and African country to establish diplomatic ties with the People's Republic of China. Nearly 90 percent of respondents gave positive or neutral evaluations of current China-Egypt relations. Among them, 63 percent said China-Egypt relations are "very good" or "relatively good."
What kind of role does Egypt play for China in the eyes of the Chinese public? Data shows that more than 70 percent of respondents regard Egypt as a "friendly country" or "strategic partner." In December 2014, China and Egypt officially established a comprehensive strategic partnership, and nearly 90 percent of respondents agreed that this was important for China.
When asked about the future of China-Egypt relations, nearly 70 percent of respondents expressed optimistic expectations, while more than 20 percent believed the relationship would remain unchanged.
GT
Liu Zhongmin, a professor at the Institute of Middle East Studies at Shanghai International Studies University, told the Global Times that Chinese people's favorable impression of Egypt has both historical and contemporary roots. 
From a historical perspective, first, then Chinese Premier Zhou Enlai's extensive interactions with then Egyptian leader Gamal Abdel Nasser at the 1955 Bandung Conference helped eliminate misunderstandings among Arab countries about China. This contributed to Egypt becoming the first Arab country to establish diplomatic relations with the People's Republic of China in 1956 and also triggered the first wave of Arab countries to establish diplomatic relations with China. Second, during Egypt's struggle for rights over the Suez Canal, China provided substantial support for Egypt's pursuit of national independence, liberation and interests. Third, during the 1950s and 1960s, China and Egypt jointly opposed imperialism, colonialism and hegemonism, while participating in efforts to promote the rise of the Third World as a new force in international politics. Their historical interactions left a profound impression on both sides, forging a deep friendship between the two countries.
From a contemporary perspective, since the beginning of reform and opening-up, especially since the start of the new era, practical cooperation between China and Egypt in various fields has promoted the development of China-Egypt relations and shaped positive views of Egypt among the Chinese public, Liu said.
Mira Ahmed pointed out that Chinese people's favorable impression of Egypt generally reflects the positive development of China-Egypt relations. The relationship between the two countries is not limited to political and economic fields, but also covers culture, education, tourism and people-to-people exchanges. Most importantly, both sides hold mutual respect and appreciation for each other's civilizations and cultures, laying a solid foundation for the continued development of bilateral relations in the future.
Pragmatic and diversified cooperation 
Since the beginning of 2026, China and Egypt have signed and implemented a number of industrial parks, and cooperation has accelerated its expansion into new energy. Concrete results have also been achieved in areas such as the automotive industry, finance and currency, urban infrastructure, and cultural heritage and archaeology.
More than 80 percent of respondents have some knowledge of China-Egypt cooperation. Among various cooperation frameworks and projects, more than half of respondents are aware of Egypt's participation in the Belt and Road Initiative, and 32 percent of respondents know about Chinese-built infrastructure projects in Egypt such as light rail and roads. In addition, some respondents are also aware of China-Egypt cooperation in the cultural sphere, such as Confucius Institutes, as well as the production and sales cooperation of Chinese-brand mobile phones, home appliances and automobiles in Egypt.
More than 80 percent of respondents believe that, since the establishment of diplomatic relations, cooperation between the two countries has been effective. Moreover, 99 percent of respondents believe that China and Egypt should further deepen cooperation in the future, including in tourism and people-to-people exchanges, green development and new energy, agricultural products, food supply chains, economy and trade, and investment.
More than 90 percent of respondents look forward to advancing cooperation in people-to-people and social exchanges between the two countries in the future. When asked, "If Egypt introduces more convenient Chinese-language services and payment methods for Chinese tourists, would you increase your willingness to travel to Egypt?" more than 70 percent of respondents answered affirmatively. At the same time, more than 70 percent of respondents welcome more Egyptian people to come to China for tourism, study or business activities.
GT
Mira Ahmed said that in recent years, Egypt has taken multiple measures to facilitate Chinese tourists' visits to Egypt, including simplifying visa procedures, developing electronic services, stepping up publicity of Egypt as a Chinese tourist destination and cooperating with Chinese tourism enterprises. Egypt is also working to improve tourism services and infrastructure to provide a safer and more comfortable environment for visitors. 
Mira Ahmed believes that the poll results reflect that China-Egypt cooperation has become pragmatic and diversified, transcending purely political or diplomatic relations. "I believe one of the most important features of this cooperation is complementarity. Egypt and China both possess capabilities and expertise that can complement each other, thereby opening up broad prospects for deeper and more sustainable cooperation in the future."
Future cooperation in global governance expected
In recent years, the international situation has been changing rapidly, with conflicts in the Middle East and prominent problems in global supply chains. As a country in a conflict region, Egypt has actively mediated to help de-escalate the situation. China has actively promoted peace talks and facilitated world peace and development. 
More than 90 percent of respondents believe that China and Egypt need to cooperate in the field of global governance in the future. Among them, the largest proportion of respondents (37 percent) look forward to China and Egypt jointly safeguarding the security of shipping in the Red Sea and the Suez Canal. Thirty-five percent of respondents hope that China and Egypt will work together to maintain security and stability in the Middle East and jointly promote the peaceful resolution of the Palestine-Israel issue and the Iran-Israel issue. 
Furthermore, 33 percent of respondents hope that China and Egypt will jointly speak up for the Global South on platforms such as BRICS and the UN, and 31 percent of respondents look forward to China and Egypt jointly participating in global poverty reduction in the future.
Liu believes that China and Egypt, both being Global South countries, can cooperate at multiple levels in the field of global governance. First is cooperation between China and the Arab world, particularly within the framework of the China-Arab States Cooperation Forum mechanism, across political, economic, cultural and other fields. 
Second, Egypt, the United Arab Emirates and Iran are Global South countries in the Middle East that have joined the BRICS cooperation mechanism in recent years. China and these Middle Eastern countries under the BRICS mechanism all have extensive space for cooperation.
Third, within multilateral mechanisms, including the UN, Egypt is an important partner for China in further solidifying and deepening the implementation of the four global initiatives worldwide. In addition, in the fields of peace, security, development and governance in the Middle East, China and Egypt also have extensive room for cooperation. 
China and Egypt should strengthen communication and coordination on hot issues in the Middle East and work to resolve issues related to security and development in the region, Liu said.
    
A construction site of the futuristic Iconic Tower, built by a Chinese company, in the Central Business District of Egypt's New Administrative Capital, east of Cairo, on March 25, 2026. Photo: IC
    A construction site of the futuristic Iconic Tower, built by a Chinese company, in the Central Business District of Egypt's New Administrative Capital, east of Cairo, on March 25, 2026. Photo: IC

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