The producer price index, which measures factory-gate prices, was up 0.6 percent year-on-year last month, down from 0.9 percent in April, NBS data showed.
The program will increase Egypt's generation capacity so it can export energy during peak hours and improve its connectivity in the Middle East, Asia, Europe and Africa, the AIIB statement said.
The project is widely seen as a symbol of further deepening of cooperation between China and Russia in the field of electric power.
The president said that Gavidia "from today, assumes the Ministry of Electricity and the presidency of the state company, Corpoelec".
The program, based on cloud computing technology, was initiated in 2012 by Mengdong cloud computing center of Chifeng city and Inner Mongolia University.
The producer price index, which gauges factory gate prices, dropped by 1.2 percent year-on-year in September, the third consecutive monthly decline and the steepest contraction since July 2016, according to the NBS. Weak PPI reflects sluggish demand in the world economy amid protracted trade tension between China and the United States during the past year and a half, analysts said.
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The project with BIDMC will focus on further exploring the nutritional and health benefits of the Acai berry, a grape-like fruit native to the rainforests of South America which is known for its high antioxidant levels, vitamins, minerals and amino acids.
The president said he believes that under the leadership of Erdogan, Turkey will make greater achievements in national development.
The private sector has witnessed a boom since reform and opening up began 40 years ago and has become an important part of the economy. At the end of 2017, there were 65.8 million individually owned businesses and 27.3 million private enterprises, which employed 341 million people.
The program has allowed 19 provinces and municipalities to offer financial and personnel support to remote Xinjiang, building new infrastructure and funding local industry.