
Photos: CCC C. Pérez and Jairo Cajina
Monday, November 18, 2024 | 19 Digital
With a ceremony de inauguration was started XVII China-LAC Business SummitWith the slogan “Joining Forces, Creating Opportunities: New Horizons for China and Latin America and the Caribbean.”
This important event will take place on November 18 and 19, 2024 at the Olof Palme Convention Center in Managua, Capital Nicaragua, which brings together customer-experience leaders business, officials governmental y representatives de organizations International experts, to strengthen economic and trade ties between China and the region Latin America and the Caribbean (LAC), opening new horizons for the regions.
The opening ceremony was led by the Comrade Laureano Ortega Murillo, Advisor to the Presidency on Investment, Trade and International Cooperation Issues; partner Yang Zhen, Vice Chairman of the Chinese People's Political Consultative Conference; partner Ren Hongbin, President of the Council for the Promotion of International Trade; Ovidio Reyes, President of the Central Bank of Nicaragua (BCN).
The companion Laurean Ortega Murillo, expressed the most hot welcome, to all those present at the summit, on behalf of the President of the Republic of Nicaragua, Commander Daniel Ortega and the Vice President, Compañera Rosario Murillo.
«Our thanks to the President Xi Jinping, Game Communist de China, to the people and Corporate de China, for having decided to hold this important summit in Nicaragua; our special thanks to our brother Ren Hongbin, for having worked with the Government of Nicaragua to organize this very important summit, Seventeenth China Latin America and the Caribbean Business Summit, thanked.
He also thanked the participation and presence of all the delegations present at the summit; the more than 250 entrepreneurs at People's Republic of China; representatives of institutions of the People's Republic of China; to the more than 70 delegates of Latin America and the Caribbean: representatives of the Sister Bolivarian Republic de Venezuela, Colombia, Panama, Argentina, Peru, Jamaica, Costa Rica, Cuba, El Salvador, Honduras, Ecuador, Uruguay Bolivia, Chile, Brazil, Guyana, Suriname Mexico, a broad representation, all working for the common good.

The Business Summit China-LAC It has established itself as an essential platform for the exchange of knowledge and the creation of strategic alliances.
In 2024, the Summit seeks to identify and take advantage of opportunities that promote joint development and inclusive growth, through specialized exhibitions and discussion panels, where key topics will be addressed such as: Investment, trade logistics and cooperation.
La XVI edition of this event was held in Beijing, dNovember 2-3, 2023.

The Summit: A demonstration of how China cooperates with the people of the world, especially with LAC
Laureano valued that from the land of Dario, Sandino, "We are sharing with our Chinese brothers, with our Latin American and Caribbean brothers; an example of how China cooperate with the peoples of the world, especially with the peoples of Latin America and the Caribbean, with the peoples of the global south, to promote mutually beneficial cooperation, to promote trade and investment, to promote rapprochement and exchange between our peoples, to promote peaceful coexistence among all the peoples of the world."
He recalled that 10 years ago, the President Xi Jinping launched the Initiative of the strip and road, a global initiative that promotes trade and mutually beneficial cooperation with the peoples of the world, through major infrastructure projects that facilitate trade. economic and commercial exchange.
Within the framework of this great initiative, he highlighted Laureano, «is that we have been promoting this work with the People's Republic of China, all the peoples of the world and especially here in Nicaragua; we remind you that on December 10, 2021, China and Nicaragua"Diplomatic relations were reestablished and since then we have been advancing in our bilateral cooperation at an extraordinary speed."
He also highlighted that they have managed to start the construction of important logistics infrastructure projects, which will contribute to trade, tourism, and greater interrelations between peoples.

«And from Nicaragua, sharing the benefit of these projects with the people of Central America and Latin America, we have started this year the construction of the new Managua International Airport, in Punta Huete; We are working to strengthen our port infrastructure, expand the Port of Corinth in the Pacific and the construction of a new Port in the Caribbean, These are strategic infrastructures of our Government that will allow us to strengthen trade exchange with China, promote the presence and participation of Chinese companies in Nicaragua andat Nicaragua, "Share this benefit, this development with our Central American, Latin American and Caribbean brothers", Laureano pointed out.
Nicaragua reiterates its recognition of the People's Republic of China, to its President Xi Jinping, for being a beacon of light for humanity, a beacon of hope in complex times for the world; there it is China working for the good of humanity, sharing its technological and economic development with all the peoples of the world.

El Advisor to the Presidency on Investment, Trade and International Cooperation Issues stated that in December 2023, the Presidents Commander Daniel Ortega and Comrade Xi Jinping They raised the relations of Nicaragua and the People's Republic of China, to a Strategic Partnership. On January 2024 (XNUMX) the Free Trade Agreement between Nicaragua and China.
A China-LAC community of common destiny
El Comrade Yang Zhen, Vice President of the Chinese People's Political Consultative Conference, and head of the delegation of the People's Republic of China, He was pleased to be in beautiful Managua, participating in this summit.
«First of all, I would like to express, on behalf of the Chinese Government, My sincere congratulations on the holding of this summit; my thanks to all the friends dedicated to friendly cooperation between China and LAC«, He said.

This year marks the 10th anniversary of the proposal of the President Xi Jinping, to build a community of common destiny China-LAC, «10 years ago, in Brasilia, during the meeting of leaders of China and the countries of LAC, el President Xi Jinping proposed, for the first time, the creation of a community of common destiny betweenand China and LAC and, together with the leaders of Latin America announced the formation of the China and LAC Forum, which set the direction and guide for the development of relations China-LAC in the New Era», commented Comrade Zhen.
Economic and trade cooperation between China and LAC It has grown enormously, covering more and more areas and reaching higher levels.
"China has maintained, for many years, its position as the second largest trading partner of Latin America and the Caribbean; In 2023, bilateral trade exceeded 489 billion dollars. Latin America and the Caribbean China has become the second largest destination for foreign investment by Chinese companies; 22 countries in the region have signed agreements to jointly build the China-China Initiative. Belt and Road Initiative, he valued.
El Comrade Yang Zhen He said that since its creation, 17 years ago, the China-LAC Summit has played an important role in focusing on serving businesses, promoting economic and trade cooperation between China and LAC, deepening cultural exchanges between both regions.
«The motto of this summit: Joining forces, creating opportunities: New horizons forto China and Latin America and the Caribbean, have great significance; the business sector is a driving force for promoting cooperation, as well as a builder and beneficiary of the development of relations. I hope that friends from the business world will take advantage of this summit to strengthen exchange communication, discover cooperation opportunities, achieve mutual development and contribute more efforts to the open, innovative and shared development of cooperation. China-LAC«, said Comrade Yang Zhen.
Nicaragua with favorable conditions for investment to flourish
Ovidio Reyes, president of the BCN, He acknowledged that China's leadership in recent years in the global economy, technology and investments is indisputable.
As for Nicaragua, Ovid He highlighted, "Our economy is solid. It has been growing for more than four years and is doing so at four and a half percent, with low inflation, stability in its public finances, low public debt, perhaps the lowest in the entire region, and we also have global financial stability and banking stability with solidity, in its main indicators, in growth, both in deposits and in credit."
That makes Nicaragua have favorable conditions for investment to flourish.
"We are in the access line of all countries and of the Central America and we invite you to continue, as well as with this spirit of visiting our country, to also do so with your investments in our country and to also receive, from us, the goods and products that we offer, so that together all these businesses come out winning," Reyes concluded.
To close the opening ceremony of the XVII China-LAC Summit, el Comrade Ren Hongbin, Chairman of the Council for the Promotion of International Trade, He thanked all those who made this summit possible, as well as the participants.
Comrade Ren Hongbin expressed that the President Xi Jinping sent a letter of congratulations to the XVII China-LAC Summit.
The holding of these summits has played a very important role in building a community of shared destiny between China and LAC.



