China's development an opportunity, not threat to LatAm: Mexican ambassador

Source: Xinhua| 2018-02-03 14:50:03|Editor: Lifang
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BEIJING, Feb. 3 (Xinhua) -- China's development brings opportunities rather than threats to Latin America, said Mexican ambassador to China Jose Bernal.

China's investment in the field of sci-tech and infrastructure is very important for Latin America, Bernal said at a news briefing held by the embassy Friday.

The economic and trade cooperation between China and Latin America saw steady growth despite a global economic slowdown in recent years, with bilateral trade volume exceeding 200 billion U.S. dollars, Bernal said, adding that China's financing cooperation with Latin America has benefited more than 80 livelihood projects in over 20 countries.

The ambassador said China's deepened reform and opening-up policy has brought new business opportunities to Latin American countries.

"We have noticed opportunities to strengthen economic and trade cooperation, tap into the Chinese market and deepen mutually beneficial cooperation between the two sides," Bernal said.

The export volume of the Latin America and Caribbean region increased by 13 percent in 2017 from the previous year, while China contributed one-third of the increase, according to a report issued by the Inter-American Development Bank in 2017.

Addressing the second ministerial meeting under the framework of the China and the Community of Latin American and Caribbean States Forum, China's Foreign Minister Wang Yi said China will actively support Latin America in the fields of transportation, infrastructure and energy.