国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Top Stories

Chinese FDI a boon to Latin America

By Chen Weihua in Washington | China Daily USA | Updated: 2017-06-27 10:05

China's foreign direct investment in Latin America has not only grown fast, but diversified dramatically in the past years, according to the latest research report released on Monday.

Cumulative Chinese FDI in Latin America since 2003 has reached over $110 billion, mostly made in the last five years, according to the report Chinese FDI in Latin America, which was jointly produced by the Atlantic Council and OECD Development Center.

While 60 percent of Chinese FDI in the region went to the extractive industries from 2003 to 2012, it dropped to 37 percent from 2013 to 2016. Meanwhile, investment in the service sector jumped from 21 percent from 2003 to 2012 to more than 50 percent the next four years.

Sergio Amaral, Brazilian ambassador to the US and former chairman of the Brazil-China Business Council, said on Monday that China's presence in Latin America is very impressive.

"But more impressive than the presence, in trade and investment, is the rate of growth," he told a seminar on the release of the report.

Trade between China and Latin America has grown 23 percent a year on average in the past decade, faster than the growth of intra-Latin America trade, according to Amaral.

Amaral describes China's relationship with Brazil as sustainable due to the complementarity, adding that Chinese FDI has helped improve Brazil's infrastructure, and its investment in agriculture has made people in Brazil's countryside richer. Brazil is by far the major destination of Chinese FDI in Latin America.

"Chinese investment in the region can help contribute to high economic growth and spike productivity and innovation," said Gerardo Mato, chairman of HSBC Global Banking & Markets for the Americas.

"These will help push for economic transition from reliance on natural resources to service and manufacturing and bring new opportunities to ensure a more prosperous future for the region," he said of the increasingly diversified Chinese FDI.

The bond between China and Latin America has grown closer despite the geographical distance. President Xi Jinping has visited Latin America three times since 2013.

Premier Li Keqiang vowed to enhance cooperation with Chile and upgrade the China-Chile free trade agreement in his meeting with Chilean President Michelle Bachelet in Beijing on May 14.

President Mauricio Macri of Argentina also visited China last month, signing $30 billion worth of deals, including financing to build two nuclear power plants.

"Chinese companies are constructing numerous infrastructure projects across the region, many of which will directly improve trade," Mato said.

chenweihua@chinadailyusa.com

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
关岭| 金沙县| 靖州| 河间市| 临城县| 松潘县| 竹山县| 新巴尔虎右旗| 太康县| 九台市| 武威市| 宁陵县| 芮城县| 炉霍县| 绍兴市| 壤塘县| 金华市| 红河县| 济宁市| 甘泉县| 丰县| 普定县| 桐庐县| 若尔盖县| 梨树县| 通海县| 侯马市| 信阳市| 水富县| 太原市| 萍乡市| 乐山市| 永靖县| 新巴尔虎右旗| 临夏市| 丰镇市| 信丰县| 安顺市| 奎屯市| 宣化县| 赣榆县|