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Summit nets over 50 agreements
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China signed more than 50 bilateral cooperation agreements with Latin American and Caribbean countries in San Jose on Wednesday during the 7th China-LAC Business Summit.
A record number of nearly 500 Chinese entrepreneurs and 800 others from 23 countries attended the summit, during which more than 500 companies from sectors such as agriculture, automobile, biotechnology and energy held a total of 1,600 match-making meetings.
At the summit, China also signed a pact with commerce chambers of Chile, Colombia, Mexico and Peru — members of Pacific Alliance, the Latin American trading bloc — to create the China-Pacific Alliance Multi-Chamber Union to promote logistic services and capital flows.
Juan Estaban Matusalem, president of the Chilean-Chinese Trade, Industry and Tourism Chamber, said the body will give a helping hand to financial and economic institutions as well as industrial, agricultural and trading companies to form- global chains.
The summit was held on Tuesday and Wednesday in San Jose, capital of Costa Rica.
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