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Brazil-China cooperation yields great results in key sectors: Brazilian vice president

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      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      2024-06-15 17:23 Last Updated At:20:57

      Brazil has achieved fruitful cooperation with China in a wide range of areas including agriculture, trade, space exploration and electric cars, said Brazilian Vice President Geraldo Alckmin in an interview with China Central Television (CCTV) in Beijing on June 6.

      As the two countries celebrate the 50th anniversary of diplomatic relations this year, Alckmin made an official visit to China from June 4 to 8, which was his first visit to the country since assuming the office in January 2023.

      This year also marks the 20th anniversary of the establishment of China-Brazil High-level Coordination and Cooperation Committee (COSBAN) mechanism, which saw Alckimin co-chairing the seventh COSBAN meeting in Beijing earlier this month.

      He told CCTV that the two sides have enjoyed broad cooperation and strengthened communication and coordination within the COSBAN mechanism.

      "The COSBAN comprises 11 subcommittees aimed at discussing various issues, coordinating views of different parties, setting goals and exploring markets, so it is very important. Our meetings cover many fields such as mining, oil and health. So the areas of cooperation are very broad, ranging from agriculture to aviation. Of course, our main exports are soybeans, oil, iron ore, beef, pork and poultry, and the export volume is huge. I believe that we can make even greater progress in high value-added fields and industries in the future," he said. China has been Brazil's largest trading partner, export market and source of trade surplus for 15 consecutive years. Brazil is also China's largest trading partner in Latin America.

      "The great achievements of bilateral cooperation are first reflected in our joint upholding of multilateralism and free trade in global geopolitics. The COSBAN's work is to expand trade opportunities and attract two-way investment. In addition to drawing more Chinese investment to Brazil, it also strives to attract more Brazilian capital for China, which enhances the trade complementarity between the two sides," said Alckmin.

      Brazil and China will strengthen collaboration in science, technology, culture and tourism, said the vice president, as he hailed efforts to jointly develop satellites and advance space exploration under the China-Brazil Earth Resource Satellite (CBERS) project.

      Alckmin encouraged Chinese entrepreneurs to invest and start businesses in Brazil, emphasizing that the two countries have seen deepening cooperation in the field of electric vehicles, with famous Chinese manufactures such as BYD establishing factories in Brazil.

      Alckmin said he welcomes the presence of Chinese EV companies in Brazil, as they will contribute to the country's "re-industrialization" efforts. "We launched the 're-industrialization' program in Brazil to boost the development of the automobile industry. The plan is called 'Green Travel' and covers multiple technical routes. I would like to talk about BYD in particular. BYD currently has a very important position in Brazil. Many other EV companies are also very popular in Brazil. Great Wall Motor also operates a factory in Brazil. Both companies produce products in Brazil, not only for the Brazilian domestic market, but also for other Latin American countries. We welcome this very much!" he said.

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

      Brazil-China cooperation yields great results in key sectors: Brazilian vice president

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      Hainan FTP to boost cooperation with global partners: governor

      2025-03-26 17:17 Last Updated At:17:47

      China's southernmost island province of Hainan, which is intensifying efforts to build itself into a free trade port (FTP), stands ready to work with international counterparts to promote cooperation in five key areas, said the provincial governor while speaking at the Boao Forum for Asia (BFA) 2025.

      At a BFA subforum titled the Global Free Trade Ports Development Forum on Tuesday, Governor Liu Xiaoming addressed attendees, stressing that Hainan seeks to strengthen interconnectivity with free trade zones and ports around the world in terms of five key areas, including rules and mechanisms, infrastructure, trade in services and other industries, low-carbon and sustainable development, as well as dialogue and exchanges.

      He said the province is currently ramping up efforts to build the Hainan Free Trade Port, with an aim to establish independent customs operations this year.

      "The mission of the free trade zone port is to break down barriers, not to build walls, and to create opportunities, not to pursue their own interests. We are currently stepping up the implementation of the plan for turning the whole island into a separate customs zone and the implementation of core policies for the Hainan Free Trade Port. We are advancing preparations to ensure that the island-wide independent customs operations will be successfully realized as scheduled by the end of 2025," said Liu.

      At the forum, guests said that the construction of the Hainan Free Trade Port is an important measure for China to advance high-level opening up and has become a critical part of the building of an open world economy.

      They also stressed that the Hainan Free Trade Port has built a bridge for win-win development for its partners worldwide by establishing partnerships with 38 free trade zones and ports across Asia, Africa, Europe and Latin America.

      Speaking at the subforum, Ban Ki-moon, the chairman of Boao Forum for Asia and the former Secretary-General of the United Nations, lauded the island province's efforts to build a thriving economy that will benefit the whole region. China's opening-up at a high level undoubtedly is of great significance and will bring new opportunities for Asia and the wide world. During the past seven years, my colleagues and I have witnessed with our own eyes how the province has transformed and reinvented itself. From infrastructure, services, tropical agriculture, to high-tech industries, Hainan is well on its way to becoming a powerful magnet for global talents, capital and resources," said Ban.

      With the theme "Asia in the Changing World: Towards a Shared Future," the BFA Annual Conference 2025, which opened on Tuesday, will be held through Friday.

      Hainan FTP to boost cooperation with global partners: governor

      Hainan FTP to boost cooperation with global partners: governor

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