The China-Brazil Economic and Commercial Forum held on March 28, 2025, in São Paulo, emphasized the partnership’s strength through the Belt and Road Initiative. Key discussions included opportunities in green energy and supply chains, with over US$2 billion in agreements. Both nations aimed for enhanced cooperation under Brazil’s upcoming BRICS presidency and future economic resilience.

The China-Brazil Economic and Commercial Forum convened in São Paulo on March 28, 2025, featuring distinguished officials and business leaders from both nations. Notable keynote 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, the Consul General of China in São Paulo.

Ren Hongbin’s address focused on the long-standing partnership between China and Brazil, underscoring CCPIT’s commitment to enhancing cooperation through the Belt and Road Initiative (BRI). He led a delegation of Chinese entrepreneurs and engaged Brazilian Vice President Geraldo Alckmin in discussions aimed at exploring industrial integration, supply chain resilience, and multilateral innovation. China also reaffirmed its support for Brazil’s upcoming presidency in BRICS for 2024 and the aspiration for a “Golden 50 Years” of robust cooperation between the two nations.

Brazilian participants highlighted the resilience of their economic ties and the complementary strengths amid global adversities, such as rising protectionism and technological disruptions. Opportunities were identified in sectors like green energy and high-value industries, urging businesses to utilize platforms like the China International Supply Chain Expo (CISCE) for promoting sustainable growth.

The forum, co-organized by CCPIT and the Brazil-China Business Council, attracted over 100 representatives from trade agencies and companies, resulting in agreements exceeding US$2 billion across sectors such as agriculture and mining. Ren Hongbin led a delegation of over 40 companies engaging in strategic discussions and exploring collaboration with Brazilian leaders during visits to local firms.

The China-Brazil Economic and Commercial Forum illustrated the strong intent to foster bilateral economic relations and address global challenges collaboratively. Key discussions focused on enhancing cooperation under the Belt and Road Initiative, identifying opportunities in various sectors, and supporting Brazil’s leadership in BRICS. The commitment to sustainable growth and strategic partnerships indicates a positive trajectory for future collaborations between the countries.

Original Source: www.wvnews.com

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