The XVI China-Latin America and the Caribbean Business Summit opens in Beijing

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Beijing, Nov 3 (EFECOM).- The XVI China-Latin America and the Caribbean (LAC) Business Summit opened in person this Thursday in Beijing with the attendance of more than 1,000 high-level representatives, including government officials, leaders of international organizations and prominent businessmen from China and LAC countries.

During the opening ceremony, the president of the Chinese Council for the Promotion of International Trade (CCPIT), Ren Hongbin, announced the intention to strengthen cooperation with institutions such as the People's Bank of China and the Inter-American Development Bank ( IDB) to promote China-LAC economic and trade cooperation, the Xinhua news agency reported today.

This year's central theme, "Open Innovation, Shared Development", reflects the commitment of both regions to deepen practical cooperation, promote bilateral trade and investment, in the first China-LAC summit in person in the territory of the Asian giant since that the borders were opened after the 'zero covid' policy that prevented this type of events in the country.

Representatives from different business sectors presented cooperation initiatives that address areas such as the development of the digital economy, the promotion of agricultural, cultural and tourism collaboration, and the potential of a green economy between both communities.

The summit, which will take place over several days, includes a plenary session, side meetings and supporting events.

This annual meeting, held on a rotating basis in China and countries in Latin America and the Caribbean, is a platform used for dialogue and cooperation between both regions, with the aim of strengthening economic and commercial ties, being the last one organized for Ecuador last year. EFECOM



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