El Salvador actively participates in the XVI China-Latin America and the Caribbean (LAC) Business Summit in Beijing, China, with this year’s theme being “Open Innovation and Shared Development.” The event, which began yesterday and ends today, is a platform for promoting economic and trade cooperation between China and Latin American countries.
The Salvadoran pavilion at the summit has been a hub of cultural and culinary experiences for attendees. Visitors have had the opportunity to taste Salvadoran coffee, juices, rum, and local liquors like cususa and chaparro. Additionally, three Salvadoran students studying in various Chinese universities have been enlightening the public about the significance of traditional Salvadoran attire while showcasing the country’s rich culture through images.
The interaction between the attendees and these students has been heartwarming, with many taking photographs and showing a keen interest in learning more about Salvadoran culture, cuisine, beverages, and iconic landmarks such as the Tazumal ruins.
Minghao Ma, hailing from the northwestern Chinese province of LiaoNing, expressed his interest in Salvadoran culture. He stated, “I would love to visit El Salvador. Its beautiful beaches and the preservation of their culture, much like ours in China, are truly fascinating. What I admire the most are the enthusiastic and friendly people.”
The Salvadoran Ambassador to China, Aldo Álvarez, also graced the summit with his presence. Representatives from other Latin American countries, including Nicaragua, Honduras, Mexico, Peru, and Venezuela, were actively engaged in the event as well.
The summit, which concludes today, includes a roundtable discussion on various business topics, a large-scale business matchmaking session, and a technical visit to the exhibition area. These activities aim to foster closer ties and stronger economic partnerships between the participating nations.
In recent years, high-quality Latin American products have been increasingly entering the Chinese market, enhancing the daily lives of Chinese consumers and benefiting both Latin American businesses and their people. According to the General Administration of Customs of China, as reported by Xinhua news agency, the trade volume between China and Latin America in 2022 is approaching $500 billion, marking six consecutive years of significant growth.
Despite global economic uncertainties, China’s trade with the Latin American market has expanded by 5.1% in the first three quarters of the year, surpassing the general trade growth rate in China. This promising trend reflects the commitment of both China and Latin American countries to deepen their economic cooperation and drive mutual development.