1. Text: | Print|

      China-Argentina complementary cooperation mutually beneficial

      2014-07-18 16:15 Xinhua Web Editor: Mo Hong'e
      1

      Though far apart and culturally different, China and Argentina, two developing countries, share the same pursuit of prosperity. [Special coverage]

      After establishing a strategic partnership in 2004, the two countries have seen rapid development of their ties, especially in the fields of trade and economy, which has spurred greater wealth for both.

      INCREASED COMMERCE

      On May 22, in the Argentine capital and port city of Buenos Aires, 72 brand new passenger train cars were very eye-catching.

      Argentine President Cristina Fernandez de Kirchner and Minister of Transport and the Interior Florencio Randazzo unveiled the train cars purchased from China to renovate the capital's main Sarmiento railway line, which links the downtown area with the western outskirts.

      As Argentina tries to modernize its inner-city rail system, Chinese-made trains and equipment have won the approval of government decision-makers.

      The trains are just one of the many examples of the growing strategic partnership between the two countries in recent years, when bilateral trade rose from 4.107 billion US dollars in 2004 to $16.86 billion in 2013.

      Today, China is Argentina's biggest market for agricultural exports, its second-largest trade partner and its third leading investor.

      The potential bilateral trade opportunities reflect the complementary nature of the two nations' economies.

      Argentina has a well-developed agriculture and abundant natural resources, with an annual soy output of 50 millions tons, which makes it the world's third soy producer.

      China, on the other hand, has limited arable land in per capita terms, and has a growing need for cereals. But its manufacturing power can well meet Argentina's demands.

      CHINESE INVESTMENT

      Chinese firms are making the most of the similar development stages Latin American countries and China are in to win competitive contracts in Latin America's diverse sectors and markets.

      Thanks to the joint efforts of the Chinese and Argentine governments, two mega-hydroelectric plants built by China's Gezhouba Group will soon be put into operation in Argentina's southern province of Santa Cruz.

      The energy project, worth some $4.1 billion, marks an increase in the scale and level of bilateral economic and trade cooperation.

      It will also boost Argentina's energy production and help the country save billions of dollars in fuel imports.

      Chinese firms are also investing in other Argentine sectors. Sinopec has invested in oil exploration in southern Argentina; technology firms Huawei, ZTE and Lenovo are building plants in Tierra del Fuego; and China's ICBC banking group bought 80 percent of the country's Standard Bank and even sponsors its national football team.

      As of June, the volume of private Chinese investment in Argentina surpassed 6 billion dollars.

      AGRICULTURAL COOPERATION

      Agriculture has always occupied a central place in China-Argentina trade ties.

      At the September inauguration of a dairy plant in Buenos Aires province, Fernandez said the facility will help boost Argentina's capacity to export powdered milk products to China.

      Argentina's dairy and other agricultural products are increasingly finding a receptive market in China.

      In the past three years, Argentina's agricultural exports to China stood steadily at some $5 billion. In June 2012, then Chinese Premier Wen Jiabao signed a series of accords with Argentina to bolster bilateral agricultural cooperation when he visited the South American country.

      Following the agreements, Argentine firm Biogenesis Bago established a production base in China to produce vaccines against foot and mouth disease affecting cattle there, becoming the first foreign firm authorized by China to operate in that sector.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 57pao国产成视频免费播放| 香蕉免费看一区二区三区| 97公开免费视频| 亚洲国产另类久久久精品| 国产裸体美女永久免费无遮挡| 国产一区二区三区在线免费 | 亚洲妓女综合网99| 少妇太爽了在线观看免费视频| 亚洲国产一区二区三区青草影视| 日韩精品无码免费专区网站| 久久精品国产亚洲综合色| 中文字幕在线免费看| 亚洲成AV人片天堂网无码| 久久成人免费大片| 亚洲国产综合自在线另类| A在线观看免费网站大全| 亚洲乱码一区二区三区国产精品| 嫩草影院在线免费观看| 黄色三级三级三级免费看| 伊人久久大香线蕉亚洲| 成全在线观看免费观看大全 | 亚洲日韩中文字幕天堂不卡 | 免费人人潮人人爽一区二区| 亚洲人午夜射精精品日韩| 久久永久免费人妻精品| 亚洲导航深夜福利| 免费无码又爽又刺激毛片| 永久免费无码网站在线观看个| 亚洲人成图片小说网站| 国产2021精品视频免费播放| 在线a亚洲老鸭窝天堂av高清| 免费成人av电影| 久久国产免费一区| 亚洲成在人线aⅴ免费毛片| 国产亚洲色婷婷久久99精品91| 免费无码毛片一区二区APP| 亚洲AV日韩AV永久无码色欲| 亚洲国产精品乱码一区二区| 成人无码区免费视频观看| 一区二区三区在线免费| 亚洲中字慕日产2021|