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China-Brazil Economic and Trade Forum Strengthens Bilateral Relations

The China-Brazil Economic and Commercial Forum held in São Paulo on March 28, 2025, gathered officials and business leaders to discuss economic collaboration. Keynote speakers emphasized the partnership under the Belt and Road Initiative, with over $2 billion in agreements reached. The event highlighted opportunities in green energy and supply chains, showing resilience amidst global challenges.

The China-Brazil Economic and Commercial Forum convened in São Paulo on March 28, 2025, uniting prominent government officials and business executives from both nations. Notable speakers included Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), Luiz Augusto de Castro Neves, President of the Brazil-China Business Council, and Yu Peng, Consul General of China in São Paulo.

In his speech, Ren Hongbin underscored the strong partnership between China and Brazil, reaffirming CCPIT’s dedication to enhancing economic cooperation through the Belt and Road Initiative (BRI). He led a Chinese delegation in discussions with Brazilian Vice President Geraldo Alckmin, focusing on industrial integration and supply chain resilience. China expressed its support for Brazil’s 2024 BRICS presidency and aims for a “Golden 50 Years” of collaboration and solidarity among Global South countries.

Brazilian representatives highlighted the strong and resilient economic ties between the two countries, despite global challenges like protectionism and climate change. They identified promising sectors such as green energy and integrated supply chains as areas for growth, urging businesses to utilize forums like the China International Supply Chain Expo (CISCE) for sustainable development opportunities.

Co-organized by CCPIT and the Brazil-China Business Council, the forum witnessed over 100 delegates from various sectors, leading to agreements worth more than US$2 billion in areas including agriculture and mining. Ren Hongbin’s delegation included over 40 companies from diverse fields such as agriculture, finance, infrastructure, and healthcare, engaging in strategic discussions while exploring local business opportunities.

The China-Brazil Economic and Commercial Forum served as a critical platform for strengthening bilateral economic relations. With a focus on collaboration under the Belt and Road Initiative and addressing global challenges, both parties expressed a united vision for sustainable growth. The significant agreements reached underscore the commitment to future cooperation between China and Brazil.

Original Source: www.prnewswire.com

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