Peru's business community and government say they are eagerly anticipating new cooperation opportunities with China in technology and sustainable development brought by the 31st APEC Economic Leaders' Meeting in the Peruvian capital Lima.
Scheduled for Friday and Saturday in Lima under the theme "Empower, Include, Grow," the APEC Economic Leaders' Meeting will gather leaders from 21 member economies across the Asia-Pacific, including the United States and China, the two largest economies in the world, as well as other major economies in Southeast Asia.
"Members of the Peruvian business community are looking to display their demands and supplies. The focus will be on investment in areas like technology and manufacturing, and there is an expectation on what achievements the APEC will provide. It is obvious China is the factory of the world. With the Chancay Port and other special economic zones opening, Peru is looking forward to seeing Chinese factories setting up in Peru," said Julio Perez, president of the Peruvian Exporters Association, in an interview with China Global Television Network (CGTN).
In addition to technological advancements, the Peruvian government is also actively focusing on green development and transitioning towards sustainable practices. Emphasizing eco-friendly solutions, renewable energy sources and environmentally conscious strategies, businesses are aligning their objectives with global sustainability goals.
"With the arrival of President Xi Jinping, we hope to expand free trade agreements with China. The environmental issue is always transversal to all projects. So we do hope to strengthen our relations in the conservation of the environment, in environmental quality, biodiversity conservation, and projects of sustainable development," Juan Carlos Castro, Peruvian Minister of Environment, told the CGTN.
Peruvian business community, government anticipate greater tech, environment cooperation with China
Chinese technologies have been helping major electricity generation and distribution companies in Lima ensure stable power supply during the ongoing APEC summit as their operation gradually improves following acquisition by Chinese power giants.
Pluz Energy, a Peruvian power company, is running to ensure stable power supply to the presidential palace, the municipal government of Lima, and the city's airport during this year's APEC summit.
The seven-day event starting from November 10 in Lima will see representatives from 21 member economies gathering in the Peruvian capital.
Just several months ago, Pluz Energy was acquired by China Southern Power Grid and its power supply stability had been significantly improved as more and more experienced professionals and management models are introduced into the company.
"To ensure stable power supply during the APEC summit we checked all the relevant high-voltage equipment and all the problems were solved. Now all the equipment is running smoothly," said Yang Qihong, head of power grid of Pluz Energy.
Yang said the improved management models introduced by Chinese companies helped Pluz Energy significantly enhance its power supply capacity, with power outage time seeing a noticeable drop.
"Our monthly power outage time was reduced by 21 percent year over year," said Yang.
Luz del Sur, the largest power distributor in Peru, has close business ties with China. The company was acquired by China Three Gorges Cooperation in 2020 and provides power for a China-backed port in Peru.
"We are responsible for sending power to the main venue of this year's APEC summit. The venue is right over there. We also have a hydropower station for providing power for Chancay Port," said Xue Ning, chairman of the board of Luz del Sur.
Xue said the company is working towards better operation and is upgrading equipment and importing advanced technologies from China, including video surveillance, unmanned inspection, and smart meters.
"We keep upgrading our equipment and importing advanced technologies from China. They help us better detect the malfunctions and respond with timely checks, repair and maintenance," Xue said.
Chinese technologies help ensure stable power supply of Lima during APEC summit
