ministry of commerce responds to cover news: china's trade with caribbean countries has increased tenfold in 20 years
2024-09-09
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ministry of commerce press conference. photo by su yu, reporter of cover news
cover news reporter su yu
on september 9, the ministry of commerce held a press conference. regarding the economic and trade cooperation between china and caribbean countries in recent years, lin feng, director of the department of north america and oceania of the ministry of commerce, answered questions from cover news reporters at the meeting and said that the scale of china-canada trade has grown steadily, and the trade volume between china and canada will reach us$11.8 billion in 2023. in 2003, before the establishment of the china-canada forum, the trade volume between china and canada was only us$1.06 billion, which is equivalent to a 10-fold increase in 20 years. the trade volume between china and caribbean countries has increased year by year, reflecting the great vitality of china-canada trade.
lin feng introduced that under the strategic guidance of the leaders of both sides, the china-canada comprehensive cooperative partnership has continued to deepen, and cooperation in various fields has made positive progress. since 2023, leaders of five caribbean countries, including prime minister mottley of barbados, president ali of guyana, prime minister brown of antigua and barbuda, prime minister skerrit of dominica, and president santogi of suriname, have visited china successively. chinese departments, localities and business communities have continued to deepen communication and cooperation with canada, and have achieved fruitful results in promoting china-canada economic and trade cooperation.
"china-caribbean investment cooperation continues to deepen, and china is one of the important sources of foreign investment in the caribbean region." lin feng said that chinese companies' local investment and cooperation projects cover agriculture, processing and manufacturing, trade and logistics and other industries, making important contributions to local job creation, tax revenue increase, export earnings and economic growth.
he also introduced that china-canada infrastructure cooperation has achieved fruitful results. china-canada infrastructure cooperation has achieved fruitful results under the framework of jointly building the "belt and road". by the end of 2023, 10 countries in the caribbean region have signed "belt and road" cooperation documents with china. chinese companies have implemented a number of landmark projects and many "small and beautiful" projects in the fields of transportation, energy, electricity, housing, people's livelihood, etc., which have effectively driven local economic and social development.
in the next step, china will continue to work with canada to take the china-canada economic and trade forum ministerial meeting as an opportunity to further promote the high-quality development of china-canada economic and trade cooperation and provide stronger support for promoting the economic and social development of china and caribbean countries.
