Landmark project under the Belt and Road Initiative heralds broad future of mutually beneficial cooperation between China and Peru and will deliver benefits to the people of both countries, Chinese President Xi Jinping said on Friday as he met with visiting Peruvian President Dina Ercilia Boluarte Zegarra.
During their talks in Beijing, Xi said China has been Peru's largest trading partner and largest export market for 10 consecutive years, and noted the important series of projects and investments being undertaken by Chinese companies in Peru.
Among these, Xi pointed to the significance of the Chancay Port, a landmark project of the Belt and Road Initiative between China and Peru, which is projected to be one of the major ports in South America.
"China has been Peru's largest trading partner and largest export market for 10 consecutive years. The Las Bambas Copper Mine and other major cooperation projects invested by Chinese companies in Peru have played an important role in Peru's economic development and improvement of people's livelihood. After the completion of the construction of the Chancay Port, a landmark project of the Belt and Road cooperation between the two countries, it will effectively improve Peru's shipping efficiency. 'From Chancay to Shanghai' has become a buzzword, which heralds the broad future of mutually beneficial cooperation between China and Peru. I believe it will bring a more concrete sense of gain and happiness to the people of both countries," said Xi.
At the invitation of Xi, Boluarte arrived in China on Tuesday for a five-day state visit which seen her visit the cities of Shenzhen, Shanghai and Suzhou before arriving in Beijing on Thursday.