CHINAUS AFRICAASIA 中文双语Français
Business\Economy

China-Latin America industrial park launched

Xinhua | Updated: 2017-11-10 11:37

GUANGZHOU - An industrial park was launched Thursday in southern China's Guangdong province to boost economic ties between China and Latin American countries.

The Hengqin China-Latin America Economic and Trade Cooperation Park was set up in Hengqin New Area in the city of Zhuhai, costing 2.5 billion yuan ($378 million). Its services include legal aid, policy research, trade facilitation and e-commerce.

Businesses in the park signed 15 cooperation agreements Thursday, according to the park managers.

Zhuhai sits in the Guangdong-Hong Kong-Macao Greater Bay Area and works with Macao to boost economic ties with Portuguese-speaking and Spanish-speaking countries.

Guangdong is a top foreign trade province in China. Last year, it accounted for one-sixth of China-Latin America trade. Guangdong businesses invested around $1 billion in Latin America in 2016, while investment the other way -- from Latin America to Guangdong -- reached $1.5 billion.

BACK TO THE TOP
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