As China and the Community of Latin American and Caribbean States (CELAC) mark the 10th anniversary of their collaborative forum, both sides are gearing up to deepen economic and strategic partnerships. Qiu Xiaoqi, the special representative of the Chinese government on Latin American affairs, announced plans to roll out significant measures to enhance bilateral relations, emphasizing a focus on key sectors through a three-year joint action plan.
Speaking at a recent forum, Qiu highlighted the progress achieved over the past decade, including increased trade and infrastructure investments. The new measures aim to expand cooperation in technology, sustainable energy, and agricultural development. These steps are expected to "inject new momentum" into shared growth opportunities for China and the 33-member CELAC bloc.
Analysts suggest the initiative aligns with broader efforts to strengthen South-South cooperation, offering Latin American economies access to Chinese expertise and resources. For business professionals and investors, the partnership presents opportunities in emerging markets, while academics note its potential to reshape regional dynamics in global trade.
